Inactive Instrument

Essential Energyrvices

Equities

ESN

CA29669R1010

Essential Energy Services Ltd. announces an Equity Buyback for 12,965,027 shares, representing 9.72% of its issued share capital.

December 21, 2022 at 07:15 am EST

Essential Energy Services Ltd. (TSX:ESN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase 12,965,027 shares, representing 9.72% of its issued share capital. The shares purchased under the program will be cancelled.

The purpose of the program is to enhance shareholder value. The program is valid till December 22, 2023. As of December 13, 2022, the company had 133,438,597 common shares issued and outstanding.

Latest news about Essential Energyrvices

Essential Energy Services Brief: Element Technical Services Completed Acquisition of Essential Energy Services	Nov. 10	MT
Element Technical Services Inc. completed the acquisition of Essential Energy Services Ltd..	Nov. 09	CI
Essential Energy Services Brief: Independent Proxy Advisory Firm ISS Overnight Tuesday Recommended Holders Vote for Acquisition by Element Technical Services	Nov. 01	MT
Essential Energy Services Schedules Special Meeting to Seek Shareholder Consent for Element Technical Services Deal	23-10-05	MT
Toronto Stocks Flat; Silvercorp Metals Rises on Share Repurchase Plans	23-09-15	DJ
Essential Energy Services Agrees to be Bought by Element Technical Services; Up Nearly 7%	23-09-15	MT
Essential Energy Services Brief: Upon closing of Amalgamation, it is expected Essential Shares will be de-listed from the TSX	23-09-15	MT
Essential Energy Services Brief: Element Technical Services is a privately held entity that has fracturing and coiled tubing operations in western Canada and the United States	23-09-15	MT
Essential Energy Services Brief: Purchase price of $0.40 per Essential Share, payable in cash	23-09-15	MT
Essential Energy Services Brief: To Be Acquired By Element Technical Services	23-09-15	MT
Element Technical Services Inc. entered into an agreement to acquire Essential Energy Services Ltd. for CAD 60.5 million	23-09-14	CI
Essential Energy Services Loses 5% As Widens Net Loss YOY	23-08-04	MT
Essential Energy Services Second-Quarter Loss Widens as Wildfires, Thaw, Slowed Oilfield Activity	23-08-04	MT
Essential Energy Services Widens Net Loss YOY	23-08-04	MT
North American Morning Briefing : Stocks Seen -2-	23-08-04	DJ
Essential Energy Services Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-03	CI
Tranche Update on Essential Energy Services Ltd.'s Equity Buyback Plan announced on December 21, 2022.	23-08-02	CI
Essential Energy Services Appoints New CFO	23-06-20	MT
Essential Energy Services Announces Appointment of Jeff Newman as Senior Vice President	23-06-19	CI
Essential Energy Services Ltd. Announces Chief Financial Officer Changes	23-06-19	CI
Essential Energy Services Up 3% As Swings To Q1 Net Income YOY, Provides Outlook	23-05-05	MT
Essential Energy Services Swings To Q1 Net Income YOY, Provides Outlook	23-05-05	MT
North American Morning Briefing : Apple Results -2-	23-05-05	DJ
Tranche Update on Essential Energy Services Ltd.'s Equity Buyback Plan announced on December 21, 2022.	23-05-04	CI
Essential Energy Services Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-04	CI

Chart Essential Energyrvices

Duration

Period

More charts

Company Profile

Essential Energy Services Ltd. is a Canada-based company that provides oilfield services to oil and natural gas producers, primarily in western Canada. The Company offers completion, production and well site restoration services to a diverse customer base. Its Essential Coil Well Service (ECWS) segment provides completion and production services throughout western Canada. The ECWS fleet is comprised of coiled tubing rigs, fluid pumpers, nitrogen pumpers and ancillary equipment. Its Tryton segment provides a range of downhole tools and rental services across the WCSB and in the United States for completion, production and wellsite restoration of oil and natural gas wells. Its services are offered with coiled tubing, fluid and nitrogen pumping, and the sale and rental of downhole tools and equipment. Its coiled tubing fleet is comprised of generation I, II, III and IV coiled tubing rigs, which are differentiated by their capability to service wells with varying depths and well pressures.

Sector

More about the company