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 > They paid

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Comment by Insideron Feb 08, 2023 8:49pm

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Post# 35276033

RE:RE:RE:RE:RE:They paid

And why do you think it is necessary to pay off your debt? As long as you are reasonably leveraged you can remain a going concern and continue to profit from operations.
Profit from operations translates in to dividends or share buy backs which in turn increases share price.
Very few companies have 0 debt on their balance sheets if at all.

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