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Ensign Energy Services Inc T.ESI

Alternate Symbol(s):  ESVIF

Ensign Energy Services Inc. is a technologically advanced oilfield service provider. It provides oilfield services to the oil and natural gas industry in Canada, the United States and internationally. Its services include drilling, directional drilling, well servicing and rental equipment. Its 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. It offers a comprehensive range of resolutions, customized to meet the needs of its customers, including advanced drilling systems, automation technologies, directional drilling tools, and environmental innovations. Its 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 offers pressure testing, tool rentals or torque wrenches.


TSX:ESI - Post by User

Bullboard Posts
Post by JohnWalkeron Sep 24, 2019 10:08am
370 Views
Post# 30158501

TSX Composite Up 0.2% This Morning

TSX Composite Up 0.2% This MorningMeanwhile ESI DOWN 2.7%  ???

Oh yeah ....  ESI not part of the Composite Index anymore.

Wonder if this will change the elegibility for reduced margin rates on ESI. Anybody getting a margin call from their brokers? Yield on dividends is approaching 15%. How long can dividends be sustained when quarter after quarter ESI reports negative numbers for earnings per share?

ESI going to revisit their 52 week low soon.



Bullboard Posts