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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

Comment by DeanEdmontonon Mar 05, 2022 2:54pm
239 Views
Post# 34487103

RE:ESI perfectly positioned

RE:ESI perfectly positioned While I hope you are right, I have been buying and selling Ensign for over 30 years. It is NOT a buy and hold stock, its share price fluctuates far too much. I started buying this 20 months back, so am pretty happy with the current price overall, but I do have to say that some of the moves the company has made the last 2 years have been far less than impressive. Senior leadership in the company is not as strong as it was in its heyday under Alec Racine and his successor..
Basil3575 wrote: Ladies and Gentlemen Rome was not built in a day. After i listened to the Conference call i am convinced we will see a much higher stock price. Oil companies are starting to scramble and make sure they reserve their Drilling Rigs. Today was a great buying opportunity. I have been long this baby for over a year. I see a very rosy picture in the future when they pay down the dept and introduce stock buybacks and dividends. We will be trading above $3.00 very soon. Good luck to all


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