Essential Energy Services Ltd. (EEYUF)
Essential Energy Services Ltd. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $0.28, down 0.04% on the session, giving a market capitalisation of $35.8M. On trailing twelve-month figures it carries a trailing P/E of -31.35, a net margin of -1.2%. Its beta of 1.47 implies it has historically moved more than the broad market.
Essential Energy Services Ltd., operating alongside its various subsidiaries, offers specialized oilfield support to companies involved in extracting and exploring for oil and natural gas. The firm's operations are divided into two primary segments: Essential Coil Well Service (ECWS) and Tryton Tool Services (Tryton). The ECWS division provides comprehensive well completion, production, and workover services, leveraging its diverse fleet of coil tubing rigs, fluid and nitrogen pumping units, and other essential ancillary equipment. As of December 31, 2021, this fleet included 25 coil tubing rigs, 13 fluid pumpers, and six nitrogen pumpers. Conversely, the Tryton segment specializes in providing a wide array of downhole tools and related rental solutions. These services are vital for the completion, ongoing production, and ultimate restoration of both horizontal and vertical oil and natural gas wells throughout Canada and the United States. Essential Energy Services Ltd. was founded in 2010 and has its corporate headquarters situated in Calgary, Canada.
Essential Energy Services Ltd. is most often compared with the following Energy names: