Enteq Upstream - The SABER's edge
We argue that Enteq Upstream is well-positioned for robust performance in FY (fiscal year) March 2022 and strong growth thereafter. The company recently released a trading update for FY March 2021 confirming that results are in line with previous management expectations. In this report, we presentEnteq Upstream is engaged in acquiring, consolidating and operating companies providing specialist reach and recovery products and technologies to the upstream oil and gas services market. Co. is organized into a single business unit, the Drilling Tools division, which is based solely in the U.S. The principal activities of the Drilling Tools division is the design, manufacture and selling of specialized parts and products for directional drilling and measurement while drilling operations for use in the energy exploration and services sector of the oil and gas industry.
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