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Showing 1 to 15 of 95 entries
BUY
One of the largest fleets of generation 3 and 4 deeper coil tubing. Two businesses: coil tubing and tools. Both are being run efficiently. Margin pressure in the sector. Great little story that will be a big beneficiary of LNG drilling. No debt. 5-year bull market target of $3. 2023 will be a pivotal year in the LNG sector.
oil / gas
DON'T BUY
An oil and gas drilling company in North America. Oil and gas services companies have additional leverage on the oil markets which already have significant volatility. If we get into the positive sweet spot it can raise prices and make a lot of money, but we are not there yet. They have been through multiple cycles so you have to be patient with it if you want to layer it in now.
oil / gas
WAIT
They paid down the debt recently and are in very good shape. They are doing less CAP-X this year. His target is $1.20 so there is lots of upside. It will be a Q4 opportunity.
oil / gas
HOLD
It is a small cap. The largest coil tubing company in Canada. It is a survivor. Book value is $1.17. He likes the management company. They are doing all the right things. This was a $2.50 stock in 2014 so you could see $2 going forward at some point a couple of years down the road.
oil / gas
BUY

It has only $19 million of debt and has a book value of $1.15. He thinks the stock is a buy here. It is one of the country’s largest coiled tubing company. He has a 12 month price target of $1.20. He will like be strongly recommending it during the tax season loss selling period November or December.

oil / gas
PAST TOP PICK

(A top pick September 18/17, down 11%). Is Canada’s largest coil tubing company needed for drilling and fracking. Very good numbers in 2nd quarter. Book value is $1.15. Has a 1 year target of $1.20 and a 3-5 year target of $5.00. These stocks are totally ignored.

oil / gas
PAST TOP PICK

(A Top Pick Sep 18/17, Down 8%) He has a $1.20 target for it. Because the Canadian drilling industry as not recovered it has not done well. Book value is $1.17. He would stay with it. This is a Canadian LNG leveraged story.

oil / gas
BUY

He thinks pipeline capacity is increasing, which will be good for energy services companies. ESN is the largest coil tubing operator in Canada. It has $18 million debt versus $160 million of equity. Book value is $1.13, compared to a price of $0.52 on the day of interview, so the price is half of book. In turns of upside, it traded at 1.2x book during 2014, so in the next cycle, this company could trade for $1.20 to 1.30. His one-year target is $1.20.

oil / gas
BUY

It is a bit small cap for him. It has good price momentum, good valuation, is cheap on a book value basis, and has a good balance sheet. You can buy it for a cyclical recovery.

oil / gas
COMMENT

The only public company that is a coil tubing operator. Book value is $1.16 so it is trading at a discount. They won a recent patent suit. He recommends it and likes the story. His only hesitation is that these companies have to tell their story. These guys are reclusive in this respect.

oil / gas
BUY

Their results this week were very good. A law suit against them was resolved in their favour. He thinks it will go up a lot and covers it. He thinks in 3-5 years it will get to $5.00.

oil / gas
TOP PICK

It has rolled over. It is the largest coil tubing operator. They have a book value of $1.14 and is trading half that. It went from 50 cents to 2.18 and is now back down almost to that level. Over half of the stock is held by institutions. He will put it on his action buy list in the next couple of months. (Analysts’ target: $1.05).

oil / gas
BUY on WEAKNESS

A coil tubing operator. They sold their service rigs to Precision Drilling (PD-T) and are the largest coil tube operator in Canada. Insiders own a big chunk of the company of about 10%-11%. A very good operator. It could potentially be a $5 stock 3-4 years from now. Any time you see weakness, this would be a Buy.

oil / gas
COMMENT

Has debt of $18.2 million, but that is on a $60 million line. 142 million shares are outstanding. Had a very, very good 1st quarter. The cost structure has come down significantly. Insiders own about 30% of the stock. They did $10.2 million in EBITDA in Q1, up from a -$2.2 million. Feels this is a great and attractive buy under $.60, and a table pounding buy under $.52. A stock you definitely want to be looking at.

oil / gas
BUY

It is essentially a small cap. They are the largest coil tubing manufacturer in Western Canada. They just announced their best results since 2014. It has one of the best balance sheets of the service providers in Alberta. It does not get as much attention because it is small cap.

oil / gas
Showing 1 to 15 of 95 entries

Essential Energy Services Ltd.(ESN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Essential Energy Services Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Essential Energy Services Ltd.(ESN-T) Frequently Asked Questions

What is Essential Energy Services Ltd. stock symbol?

Essential Energy Services Ltd. is a Canadian stock, trading under the symbol ESN-T on the Toronto Stock Exchange (ESN-CT). It is usually referred to as TSX:ESN or ESN-T

Is Essential Energy Services Ltd. a buy or a sell?

In the last year, 1 stock analyst published opinions about ESN-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Essential Energy Services Ltd..

Is Essential Energy Services Ltd. a good investment or a top pick?

Essential Energy Services Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Essential Energy Services Ltd..

Why is Essential Energy Services Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Essential Energy Services Ltd. worth watching?

1 stock analyst on Stockchase covered Essential Energy Services Ltd. In the last year. It is a trending stock that is worth watching.

What is Essential Energy Services Ltd. stock price?

On 2022-05-20, Essential Energy Services Ltd. (ESN-T) stock closed at a price of $0.44.