Ensign Energy Services Inc ESVIF

Primary Symbol: T.ESI

Energy Oil & Gas Drilling

Ensign Energy Services Inc. is a Canada-based international oilfield services contractor. The Company provides oilfield services to the oil and natural gas industry in Canada, the United States and internationally. Its services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment, well servicing and production services. It offers a fleet of rigs, a range of drilling services, and also delivers customized solutions. The Company's well services include well completion and re-completions, well abandonment, production workovers, downhole pump servicing and/or replacement, well sidetracking and deepening, fishing and swabbing operations, and corod injection. The Company's ASR 150, is a fully automated service rig that eliminates all manual manipulation of tubulars from the pipe rack to the make-up of a connection, reducing the number of personnel on the rig floor. It provides pressure testing, tool rentals or torque wrenches.

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Ensign Energy Services Inc > Despite Very Strong Qquarterly Results

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Comment by JohnSPon May 09, 2022 7:23pm

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Post# 34668903

RE:Despite Very Strong Qquarterly Results

Indeed, share price now at CAD3.89, everything tanked today.

FYI RBC today May 9 based on Q1 results, raised their 2023 share price target from CAD6.00 to CAD6.50. That's 67% higher than current.

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Drilling company poised to capitalize on market conditions