Ensign Energy Services (ESI) Stock Price, News & Analysis

Company Overview

Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services. It provides coring and oil sands drilling services to the mining, and oil and natural gas industries; directional drilling services; equipment rental services; shallow to deep well services, such as completions, abandonments, production workovers, and bottom hole pump changes for oil and natural gas producers; and interactive pressure drilling services with self-contained systems comprising nitrogen generation and compression equipment, and surface control systems. In addition, the company rents drill strings, loaders, tanks, pumps, rig mattings, blow-out preventers, waste bins, and wastewater treatment equipment for the drilling and completions segments of the oilfield industry. Further, it offers transportation and well servicing services. The company operates land drilling rigs, specialty coring rigs, and well servicing rigs. Ensign Energy Services Inc. was incorporated in 1987 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$1.89 to C$1.96
• 50-Day Range: C$1.79 to C$3.17
• 52-Week Range: C$1.73 to C$3.52
• Volume: 198,732 shs
• Average Volume: 269,247 shs
• Market Capitalization: C$354.61 million
• P/E Ratio: 11.23
• Dividend Yield: 12.50%
• Price Target: C$3.30
• Consensus Rating: Hold

Ensign Energy Services Stock Analysis - MarketRank™

Ensign Energy Services scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Ensign Energy Services has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ensign Energy Services has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ensign Energy Services is 11.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ensign Energy Services is 11.23, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 44.72.

Price to Earnings Growth Ratio

Ensign Energy Services has a PEG Ratio of 202.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ensign Energy Services has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ESI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ensign Energy Services is a leading dividend payer. It pays a dividend yield of 42.86%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ensign Energy Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ensign Energy Services is 140.31%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ESI.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.17

News Sentiment

Ensign Energy Services has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Ensign Energy Services this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for ESI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Ensign Energy Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Ensign Energy Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$179,329.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

44.90% of the stock of Ensign Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.95% of the stock of Ensign Energy Services is held by institutions.

ESI Stock Analysis - Frequently Asked Questions

How have ESI shares performed this year?

Ensign Energy Services' stock was trading at C$2.98 on January 1st, 2025. Since then, ESI stock has decreased by 35.6% and is now trading at C$1.92.
View the best growth stocks for 2025 here.

How were Ensign Energy Services' earnings last quarter?

Ensign Energy Services Inc. (TSE:ESI) issued its quarterly earnings results on Friday, November, 1st. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. Ensign Energy Services had a net margin of 1.86% and a trailing twelve-month return on equity of 2.37%.
Read the conference call transcript.

How do I buy shares of Ensign Energy Services?

Shares of ESI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Ensign Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ensign Energy Services investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

Company Calendar

• Last Earnings: 11/01/2024
• Today: 4/19/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: Chemicals
• Current Symbol: TSE:ESI
• CIK: N/A
• Web: www.ensignenergy.com
• Phone: +1-403-2621361
• Fax: N/A
• Employees: 5,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.30
• High Stock Price Target: C$5.50
• Low Stock Price Target: C$2.25
• Potential Upside/Downside: +71.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.17
• Trailing P/E Ratio: 11.23
• Forward P/E Ratio: 6.62
• P/E Growth: 202.94
• Net Income: C$31.59 million
• Net Margins: 1.86%
• Pretax Margin: N/A
• Return on Equity: 2.37%
• Return on Assets: 2.69%

Debt

• Debt-to-Equity Ratio: 84.02
• Current Ratio: 0.98
• Quick Ratio: 1.30

Sales & Book Value

• Annual Sales: C$1.70 billion
• Price / Sales: 0.21
• Cash Flow: C$0.09 per share
• Price / Cash Flow: 21.29
• Book Value: C$7.23 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 184,695,000
• Free Float: N/A
• Market Cap: C$354.61 million
• Optionable: Not Optionable
• Beta: 3.05