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

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Post by lifeisgood1010on Oct 10, 2024 12:07pm

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Post# 36261106

Long term trend reversal

The stock is slowly grinding higher.

We are seeing higher high and higher lows.

A break above $2.80 would signal a long term trend reversal.

Looking good on a technical basis.

If it was not that i am heavily invested in Akita, i would surely increase my position

Especially with what could be lying ahead with Fairfax taking such a huge position.

Good luck Notingmatters