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Bullboard - Stock Discussion Forum 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... see more

TSX:ESI - Post Discussion

Ensign Energy Services Inc > ENSIGN Price Target represents 80-100% upside
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Post by Insider on Mar 30, 2023 12:47pm

ENSIGN Price Target represents 80-100% upside

ATB Capital raised their target price on shares of Ensign Energy Services from C$7.00 to C$9.00 in a research report on Wednesday, January 4th. CIBC raised their target price on shares of Ensign Energy Services from C$4.75 to C$5.00 in a research report on Tuesday, January 17th. Royal Bank of Canada increased their price objective on shares of Ensign Energy Services from C$4.25 to C$5.00 and gave the company an outperform rating in a research note on Monday, March 6th.
Comment by YupnDump on Apr 13, 2023 10:53am
so far not GOOD. ESI use to be close to $4.00 but after oil price surge it has dropped below $3.00 go figure.  WHY??
Comment by DeanEdmonton on Apr 13, 2023 12:58pm
Actually in the past 12 months it was as high as $5, not just $4. None of the drilling and servicing companies are doing all that well becuase most of the oil and gas companies have made it very clear that they are going to return the majority of cashflow to investors. They are not going to expand production and keeping production at current levels dos not use a lot of Ensign or Precison etc ...more  
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