Essential Energy Services (OTCMKTS:EEYUF – Get Free Report) is one of 97 publicly-traded companies in the “Oil & Gas Equipment & Services” industry, but how does it weigh in compared to its rivals? We will compare Essential Energy Services to related companies based on the strength of its dividends, institutional ownership, profitability, earnings, analyst recommendations, risk and valuation.
Profitability
This table compares Essential Energy Services and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Essential Energy Services | N/A | N/A | N/A |
Essential Energy Services Competitors | -0.59% | -4.12% | 2.85% |
Analyst Recommendations
This is a summary of recent recommendations and price targets for Essential Energy Services and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Essential Energy Services | 0 | 0 | 0 | 0 | N/A |
Essential Energy Services Competitors | 231 | 1263 | 1739 | 128 | 2.52 |
Dividends
Essential Energy Services pays an annual dividend of $0.12 per share and has a dividend yield of 45.7%. Essential Energy Services pays out 57.7% of its earnings in the form of a dividend. As a group, “Oil & Gas Equipment & Services” companies pay a dividend yield of 2.6% and pay out 90.5% of their earnings in the form of a dividend. Essential Energy Services is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.
Insider and Institutional Ownership
42.4% of Essential Energy Services shares are owned by institutional investors. Comparatively, 37.3% of shares of all “Oil & Gas Equipment & Services” companies are owned by institutional investors. 21.3% of shares of all “Oil & Gas Equipment & Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Essential Energy Services and its rivals revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Essential Energy Services | N/A | N/A | 1.26 |
Essential Energy Services Competitors | $896.63 million | $9.87 million | 92.74 |
Essential Energy Services’ rivals have higher revenue and earnings than Essential Energy Services. Essential Energy Services is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Summary
Essential Energy Services beats its rivals on 6 of the 10 factors compared.
Essential Energy Services Company Profile
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.
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