Ensign Energy Services Inc T.ESI

Alternate Symbol(s): ESVIF

Energy Oil & Gas Drilling

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

Ensign Energy Services Inc > My actual target for Esi is- Do your own research no advice

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Comment by Nothingmatterson Oct 27, 2022 5:29pm

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Post# 35054464

RE:RE:My actual target for Esi is- Do your own research no advice

I dont think it is a take over target. $6-$9 will be soon here by Christmas if oil price holds..schuss you are right....diversification is key... Esi is good company though...

Bullchart1 wrote:
Prime target for take over IMO. My target is 6.00 if that happens

Nothingmatters wrote: is $12 in one to two years. with 2.4 billion of assets and debt paid off its going to soar. Curretly the market cap is 1/5 of the assets. with 1.4 billion of debt and 2.4 of assests do the math. We should be sitting at 6.5 already. and once the debt goes down 12 here we come. Assumption is that Oil will have the wind behind its tails for some years.

Just my opinion and thinking out loud...What do you guys think??