Ensign Energy Services Inc T.ESI

Obviosuly the debt rollover is of concern to investors...

[Nextlegup]

Hence the share price sits where it is...With revenues increasing to the levels we saw in Q1, you've got think that profits are going to jump here soon...

Just wondering if anyone is hearing much as to the timeline to get this debt issue sorted...Analysts and fund managers don't seem to be too concerned as I've seen several lofty targets issued since the lower than anticiapted profits announced for Q1.

GLTA

[Nothingmatters]

I hope to hear something around November. $4 is my short term goal, long term Ideally I would like it to be in $6-$7 range. Glta

[Possibleidiot01]

I've been coming to the conclusion that the reason for the slow resolution of the debt is the company is waiting for either the interest rates to top out or more likely reverse somewhat because they don't want to get stuck paying more than a pre determined rate for an extended period. Would like it solved.

[Schussing56]

High levels of credit defaults these days so, banks are tightening up credit policy. It shouldn't affect Ensign though as, oil prices are high and, oil services companies are working these days but, one never knows?