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 > CIBC

<< Previous

Bullboard Posts

Next >>

Comment by Adonis1411on May 06, 2024 10:29am

149 Views

Post# 36024820

RE:RE:CIBC

What happens when you get someone dumping an illiquid stock on news. Nothing in this quarter should have been surprising to anyone. Still very good cash flow and higher margins y/o/y on a lower revenue base.

Outlook for 2024 will be pretty good. Strong Canada and Int'l and US market will plod along. Lots of value here from the CF that they are going to generate over the next couple of years.

<< Previous

Bullboard Posts

Next >>

Here are three global stocks you should watch