ESN : Essential Energy Services Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

Essential Energy Services Ltd trades with the ticker ESN on the TSX and is in the Oil & Gas Equipment & Services industry.

Overview
Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies. The company operates in two segments, Essential Coil Well Service (ECWS) and Tryton. The ECWS segment offers completion, production, and workover services with its fleet of coil tubing rigs, and fluid and nitrogen pumpers, as well as ancillary equipment. As of December 31, 2022, its fleet included 19 coil tubing rigs, 11 fluid pumpers, and five nitrogen pumpers. The Tryton segment provides a range of downhole tool and rental services for completion, production, and wellsite restoration of oil and natural gas wells, including conventional tools, ball and seat, and composite/dissolvable bridge plugs. Essential Energy Services Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada. As of November 10, 2023, Essential Energy Services Ltd. operates as a subsidiary of Element Technical Services Inc.
 

Looking to invest in Essential Energy Services Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ESN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $50.2MM

PE Ratio: 40.0

Price: #N/A (Updated: 3/12/2024 0:47:16)



Essential Energy Services Ltd (ESN) vs Competitors in Oil & Gas Equipment & Services

Lets see how ESN.TO stacks up against others in the Oil & Gas Equipment & Services asset management industry. We have identified its main peers as:

CES Energy Solutions Corp, Calfrac Well Services Ltd, Enerflex Ltd, High Arctic Energy Services Inc, McCoy Global Inc

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Oil & Gas Equipment & Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
CES Energy Solutions Corp (CEU) $1,104.131 8.464 5.128 2.5%
Calfrac Well Services Ltd (CFW) $389.09 2.33 1.994 N/A%
Enerflex Ltd (EFX) $1,044.958 N/A 6.205 1.2%
Essential Energy Services Ltd (ESN) $50.2 40.0 5.225 0.0%
High Arctic Energy Services Inc (HWO) $52.561 N/A -0.744 5.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas Equipment & Services

  • Essential Energy Services Ltd (ESN) vs CES Energy Solutions Corp (CEU)
    • CEU has higher EPS (0.56 vs 0.01). CEU has higher dividend yield (2.5% vs 0.0%). ESN has a higher P/E ratio (40.0 vs 8.464) indicating it’s more expensive.
  • Essential Energy Services Ltd (ESN) vs Calfrac Well Services Ltd (CFW)
    • CFW has higher EPS (2.06 vs 0.01). ESN provides dividends, while CFW does not. ESN has a higher P/E ratio (40.0 vs 2.33) indicating it’s more expensive.
  • Essential Energy Services Ltd (ESN) vs Enerflex Ltd (EFX)
    • ESN has higher EPS (0.01 vs -0.9). EFX has higher dividend yield (1.2% vs 0.0%). EFX has a P/E under 0, indicating ESN (P/E 40.0) is in a better position.
  • Essential Energy Services Ltd (ESN) vs High Arctic Energy Services Inc (HWO)
    • ESN has higher EPS (0.01 vs -0.5). HWO has higher dividend yield (5.6% vs 0.0%). HWO has a P/E under 0, indicating ESN (P/E 40.0) is in a better position.
  • Essential Energy Services Ltd (ESN) vs McCoy Global Inc (MCB)
    • MCB has higher EPS (0.39 vs 0.01). MCB has higher dividend yield (1.9% vs 0.0%). ESN has a higher P/E ratio (40.0 vs 5.385) indicating it’s more expensive.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy ESN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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