Analyst Price Target is C$0.60
▲ +55.84% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Essential Energy Services in the last 3 months. The average price target is C$0.60, with a high forecast of C$0.60 and a low forecast of C$0.60. The average price target represents a 55.84% upside from the last price of C$0.39.
Current Consensus is
The current consensus among 1 contributing investment analysts is to hold stock in Essential Energy Services. This Hold consensus rating has held steady for over two years.
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 Tool Services (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, 2021, its fleet included 25 coil tubing rigs, 13 fluid pumpers, and six 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 horizontal and vertical wells in Canada and the United States. Essential Energy Services Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.