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Bullboard - Stock Discussion Forum 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... see more

TSX:ESI - Post Discussion

Ensign Energy Services Inc > Rate hike certainly arent helping
View:
Post by Nextlegup on Jun 08, 2023 9:43am

Rate hike certainly arent helping

when it comes to Ensigns debt renegotiation...

Cost of debt is going to take a bigger bite out of Ensign's profits... :(
Comment by Nothingmatters on Jun 09, 2023 5:03am
From twitter, I am copying "$esi.to at RBC Conf - could have credit facility + Sr note  refi in a few months, rbc expecting larger credit facility and smaller fixed rate debt mix   Repriced half of US rigs over past 2 mos, super spec base rates at $30k/d with tech + rentals adding $5-10k/d"
Ensign Energy Services Inc
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