All Penny Stocks.com News: Essential Energy Solutions Swings to Q1 Profit
Mississauga, ON -- (SBWire) -- 05/10/2017 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Essential Energy Solutions Swings to Q1 Profit."
Companies mentioned in this article include Essential Energy Solutions Ltd. (TSX:ESN).
After suffering a steep loss in the first quarter of 2016, Essential Energy Solutions Ltd. (TSX:ESN) benefited from resurgence in the oil patch in the 2017 first quarter, delivering a business report on Wednesday that has shares leading TSX-listed stocks.
The Calgary-based company provides oilfield services to oil and natural gas producers primarily in Western Canada, a region that suffered from not only languishing oil prices, but wildfires in the region that crippled output early in 2016. During the first three months of 2017, wells drilled in the Western Canada Sedimentary Basin increased by 112 percent compared to the year earlier period.
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