Essential Energy Services Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Garnet K. Amundson
- Full Time Employees
- 332
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- Livingston Place West Calgary AB Canada T2P 0C1
- IPO Date
- Jun 20, 2006
- Website
- essentialenergy.ca
- Similar Companies
- Business
- Essential Energy Services Ltd. Essential Energy Services Ltd. (Ticker: EEYUF), a subsidiary of Element Technical Services Inc. since its acquisition in November 2023, provides oilfield services to oil and natural gas exploration and production companies primarily in Western Canada. The company operates through two main segments: Essential Coil Well Service, which delivers completion, production, and workover services using a fleet of 19 coiled tubing rigs, 11 fluid pumpers, and five nitrogen pumpers, along with ancillary equipment; and Tryton, which offers downhole tool and rental services for completion, production, and wellsite restoration, including conventional tools, ball and seat systems, and composite or dissolvable bridge plugs. Essential Energy Services maintains one of the largest active coiled tubing fleets in Canada and supports producing wells and new drilling activities for a diverse customer base ranging from small regional operators to multinational producers. Founded in 2010 and headquartered in Calgary, Alberta, the company previously operated as a publicly traded entity on the Toronto Stock Exchange under the symbol ESN until its delisting following the CAD 59.8 million amalgamation with Element Technical Services Inc., a transaction approved by shareholders in November 2023 that enhanced its service offerings and integrated it into a broader technical services platform. No major acquisitions, new product launches, or strategic expansions have been reported since the 2023 acquisition, with operations continuing to focus on safe, reliable coiled tubing, pumping, and downhole tool solutions amid ongoing oilfield service demands in the region.
Hydrogen Utopia receives details that could have ‘material effect' on takeover target
Element Technical Services Completes Acquisition of Essential Energy Services
Essential Energy Services Announces Shareholder Meeting Voting Results
Independent Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote for the Acquisition of Essential Energy Services By Element Technical Services
Independent Proxy Advisory Firm ISS Recommends Shareholders Vote for the Acquisition of Essential Energy Services by Element Technical Services
Essential Energy Services Files Circular For Special Meeting of Shareholders to Approve Acquisition by Element Technical Services
Essential Energy Services to be Acquired by Element Technical Services
Essential Energy Services Announces Second Quarter Financial Results
Essential Energy Services Announces Second Quarter Financial Results
Essential Energy Services Announces Election of Board of Directors
Essential Energy Services Announces First Quarter Financial Results