Free Trial

Atb Cap Markets Equities Analysts Cut Earnings Estimates for Ensign Energy Services Inc. (TSE:ESI)

Ensign Energy Services logo with Energy background

Ensign Energy Services Inc. (TSE:ESI - Free Report) - Equities researchers at Atb Cap Markets lowered their Q4 2024 EPS estimates for shares of Ensign Energy Services in a report issued on Tuesday, October 1st. Atb Cap Markets analyst W. Syed now expects that the company will earn $0.06 per share for the quarter, down from their prior estimate of $0.07. Atb Cap Markets also issued estimates for Ensign Energy Services' Q1 2025 earnings at $0.07 EPS, FY2025 earnings at $0.38 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.07 EPS and FY2026 earnings at $0.65 EPS.

Ensign Energy Services Stock Performance

Shares of ESI stock traded up C$0.04 during mid-day trading on Thursday, reaching C$2.63. The stock had a trading volume of 133,252 shares, compared to its average volume of 228,954. Ensign Energy Services has a 1-year low of C$1.94 and a 1-year high of C$3.16. The firm has a market cap of C$483.05 million, a price-to-earnings ratio of 23.55, a PEG ratio of 202.94 and a beta of 3.05. The company has a current ratio of 0.97, a quick ratio of 1.30 and a debt-to-equity ratio of 87.50. The business's fifty day moving average is C$2.49 and its 200-day moving average is C$2.43.

Ensign Energy Services (TSE:ESI - Get Free Report) last released its earnings results on Friday, August 2nd. The company reported C($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.04) by C$0.02. Ensign Energy Services had a return on equity of 1.63% and a net margin of 1.23%. The firm had revenue of C$391.79 million for the quarter, compared to the consensus estimate of C$387.80 million.

Insider Buying and Selling

In other Ensign Energy Services news, Senior Officer Michael Gray acquired 15,000 shares of the firm's stock in a transaction on Wednesday, August 7th. The stock was acquired at an average cost of C$2.24 per share, for a total transaction of C$33,630.00. 44.90% of the stock is owned by corporate insiders.

Ensign Energy Services Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History and Estimates for Ensign Energy Services (TSE:ESI)

Should you invest $1,000 in Ensign Energy Services right now?

Before you consider Ensign Energy Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ensign Energy Services wasn't on the list.

While Ensign Energy Services currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Market Volatility: Election Season Strategies for Investors
Meta Platforms Tops Most Upgraded Stocks List—Here’s What to Expect
Alphabet Gaining Momentum: Can It Reach $200 by December?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines