Essential Energy Services - Stock

Essential Energy Services ROE 2024

Essential Energy Services ROE

-0.01

Essential Energy Services Dividend yield

0.75 %

Ticker

ESN.TO

ISIN

CA29669R1010

WKN

A1CWZB

In 2024, Essential Energy Services's return on equity (ROE) was -0.01, a -83.89% increase from the -0.09 ROE in the previous year.

Essential Energy Services Aktienanalyse

What does Essential Energy Services do?

Essential Energy Services Ltd is a Canadian company that has been successfully operating in the energy supply sector for over 30 years. It is headquartered in Calgary, Alberta, and has branches and locations throughout Canada to serve its customers in all provinces. The company began in 1987 when a small team of professionals decided to pool their experience and knowledge and offer their own services. Over time, the company expanded its business areas and grew its customer base. Today, Essential Energy Services Ltd is a diversified company operating in multiple business segments. Its core business is supporting the oil and gas industry in the exploration, extraction, and production of resources. Services include manufacturing, completion, equipment, maintenance and repair of drilling equipment and tools, as well as coatings and chemical treatments to enhance productivity. The company is divided into three divisions: Well Services, Downhole Tools, and Rentals. Each division has its own specialists and team members who utilize the industry's best practices and technologies to provide high-quality services to their customers. Well Services include services such as coil tubing, fracturing, and acidizing, which are used in wellbore preparation and cleaning, drilling equipment and maintenance, and oil and gas production. The company has a wide range of modern equipment and certified professionals capable of safely and effectively handling even the most demanding projects. Downhole Tools offers a wide range of high-performance drilling tools for use in various applications, from wellbore completion to production optimization. The product range includes tools for measuring wellbore parameters, controlling wellbore alignment, tools for wellbore stabilization and cleaning, as well as for casing tubing. These innovative tools are constantly being developed by Essential Energy Services engineers paired with comprehensive training for users. The Rentals business offers a variety of equipment for wellbores and production facilities. The company has a large number of modern machines and devices for wellbore preparation as well as extensive production equipment. This equipment is rented to customers for either short or long-term use. In addition to the above-mentioned divisions, Essential Energy Services Ltd also offers a range of supporting services and products, such as comprehensive production and service plans, chemical treatments, and training for safety and techniques. Overall, Essential Energy Services has built its business model to be able to offer customized solutions to meet its customers' specific requirements, providing them with high business profitability, efficiency, and safety. The company places great importance on innovation, training, and employee safety, and constantly monitors its business processes to ensure it adheres to the highest standards in the industry. Overall, Essential Energy Services is a strong company with a wide range of business portfolios that can respond to the needs of its customers in the fast-paced energy industry. Essential Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Essential Energy Services's Return on Equity (ROE)

Essential Energy Services's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Essential Energy Services's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Essential Energy Services's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Essential Energy Services’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Essential Energy Services Stock

What is the ROE (Return on Equity) of Essential Energy Services this year?

The ROE of Essential Energy Services this year is -0.01 undefined.

How has the Return on Equity (ROE) of Essential Energy Services developed compared to the previous year?

The ROE of Essential Energy Services has increased by -83.89% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Essential Energy Services?

A high ROE indicates that Essential Energy Services generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Essential Energy Services?

A low ROE can indicate that Essential Energy Services is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Essential Energy Services affect the company?

A change in ROE (Return on Equity) of Essential Energy Services can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Essential Energy Services?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Essential Energy Services?

Some factors that can influence Essential Energy Services's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Essential Energy Services pay?

Over the past 12 months, Essential Energy Services paid a dividend of 0 CAD . This corresponds to a dividend yield of about 0.75 %. For the coming 12 months, Essential Energy Services is expected to pay a dividend of 0.05 CAD.

What is the dividend yield of Essential Energy Services?

The current dividend yield of Essential Energy Services is 0.75 %.

When does Essential Energy Services pay dividends?

Essential Energy Services pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Essential Energy Services?

Essential Energy Services paid dividends every year for the past 0 years.

What is the dividend of Essential Energy Services?

For the upcoming 12 months, dividends amounting to 0.05 CAD are expected. This corresponds to a dividend yield of 12.07 %.

In which sector is Essential Energy Services located?

Essential Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Essential Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Essential Energy Services from 4/15/2016 amounting to 0.003 CAD, you needed to have the stock in your portfolio before the ex-date on 3/29/2016.

When did Essential Energy Services pay the last dividend?

The last dividend was paid out on 4/15/2016.

What was the dividend of Essential Energy Services in the year 2023?

In the year 2023, Essential Energy Services distributed 0 CAD as dividends.

In which currency does Essential Energy Services pay out the dividend?

The dividends of Essential Energy Services are distributed in CAD.

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Andere Kennzahlen von Essential Energy Services

Our stock analysis for Essential Energy Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Essential Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.