Ensign Energy Services Inc T.ESI

Alternate Symbol(s): ESVIF

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.

TSX:ESI - Post by User

Ensign Energy Services Inc

Bullboard Posts

Comment by YodaLayhehooon Nov 14, 2019 4:01pm

273 Views

Post# 30352774

RE:RE:RE:Company outlook post dividend reduction

likely the dividend moves to a 5-6% yeild. Companies usually try to avoid cutting the dividend twice. They would have just cut more if needed so today's yeild of 10% should be safe for the foreseeable future.

Price per share and yield

3.00 = 8% yield

4.00 = 6% yeild

I believe it likely fall in between there somewhere. Hopefully somewhere in the higher range ha

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle