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Bullboard - Stock Discussion Forum 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... see more

TSX:ESI - Post Discussion

Ensign Energy Services Inc > After listening to conference call
View:
Post by Basil3575 on Aug 06, 2021 1:21pm

After listening to conference call

I am very pleased with the improvement in its business model. The acquisition of Nabors will fill in the coffers. As they pointed out, the torque on this business is incredible. If they increase their rates by 10% this will bring in an additional 110 million income. Lets hope the price of oil remains at these levels. Good luck to all
Comment by Amgamg67 on Aug 07, 2021 2:20pm
did they say how much was put toward they're debt or did they? I didn't see it on they're balance sheet.
Comment by Basil3575 on Aug 09, 2021 11:09am
They decreased the Dept by 30.3 million dollars Cheers
Ensign Energy Services Inc
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