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 > Acquisition

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Comment by Insideron Jan 28, 2023 5:54pm

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Post# 35252249

RE:RE:RE:RE:RE:Acquisition

Dean's forecast $7
My forecast $9

When the chips were down ATB was the first one to put a price target of $4.75 where everyone else had price target of $2 - $2.5

The ESI easily reached and crossed that target in 2022 despite having highly leveraged balance sheet

Again ATB is the first to raise price target to $9 where everyone else has it at $6-$6.5

Only time will prove if 20 years experience aces 30 years of BS

Let's circle back in June 2023 (4-5 months from now)

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