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TSE:ESI

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

C$2.74
-0.09 (-3.18%)
(As of 10/23/2024 ET)

About Ensign Energy Services Stock (TSE:ESI)

Key Stats

Today's Range
C$2.71
C$2.82
50-Day Range
C$2.23
C$3.00
52-Week Range
C$1.94
C$3.02
Volume
250,327 shs
Average Volume
239,303 shs
Market Capitalization
C$503.26 million
P/E Ratio
22.83
Dividend Yield
8.76%
Price Target
C$3.58
Consensus Rating
Moderate Buy

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.

Ensign Energy Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

ESI MarketRank™: 

Ensign Energy Services scored higher than 81% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ensign Energy Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ensign Energy Services has only been the subject of 1 research reports in the past 90 days.

  • Read more about Ensign Energy Services' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ensign Energy Services is 22.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.75.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ensign Energy Services is 22.83, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 100.97.

  • 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 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Ensign Energy Services' valuation and earnings.
  • Short Interest

    There is no current short interest data available for ESI.
  • 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 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Ensign Energy Services' dividend.
  • Short Interest

    There is no current short interest data available for ESI.
  • News Sentiment

    Ensign Energy Services has a news sentiment score of 1.60. 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 higher news sentiment than the 0.42 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Ensign Energy Services this week, compared to 1 article on an average week.
  • Search Interest

    Only 14 people have searched for ESI on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
  • 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$108,865.00 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.

  • Read more about Ensign Energy Services' insider trading history.
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ESI Stock News Headlines

RBC Capital Sticks to Its Buy Rating for Ensign Energy Services (ESI)
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ESI Stock Analysis - Frequently Asked Questions

Ensign Energy Services' stock was trading at C$2.17 at the start of the year. Since then, ESI stock has increased by 26.3% and is now trading at C$2.74.
View the best growth stocks for 2024 here
.

Ensign Energy Services Inc. (TSE:ESI) posted its quarterly earnings results on Friday, August, 2nd. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.02. The company earned $391.79 million during the quarter, compared to analysts' expectations of $387.80 million. Ensign Energy Services had a trailing twelve-month return on equity of 1.63% and a net margin of 1.23%.

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.
Compare Top Brokerages Here.

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
8/02/2024
Today
10/24/2024
Next Earnings (Confirmed)
11/01/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Drilling
Sub-Industry
Chemicals
CIK
N/A
Fax
N/A
Employees
5,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$3.58
High Stock Price Target
C$5.00
Low Stock Price Target
C$2.75
Potential Upside/Downside
+30.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$20.94 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.70 billion
Cash Flow
C$0.13 per share
Book Value
C$7.26 per share

Miscellaneous

Free Float
N/A
Market Cap
C$503.26 million
Optionable
Not Optionable
Beta
3.05
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This page (TSE:ESI) was last updated on 10/24/2024 by MarketBeat.com Staff
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