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

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Ensign Energy Services Inc > Analysts

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Post by Possibleidiot01 on Nov 06, 2023 3:29pm

Analysts

Ensign Energy Services (TSE:ESI) had its price target lowered by analysts at Stifel Nicolaus from C$3.50 to C$3.00. This represents a 33.3% upside from the current price of C$2.25.
Ensign Energy Services (TSE:ESI) had its price target lowered by analysts at BMO Capital Markets from C$4.50 to C$3.75. They now have an "outperform" rating on the stock. This represents a 66.7% upside from the current price of C$2.25.

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Comment by Schussing56 on Nov 07, 2023 7:05am

TD Securities: Ensign is guiding to a modest sequential reduction in U.S. activity with 42 rigs currently active. That said, management expects that 45-50 rigs could be active by year end. Ensign's blended cost of debt in 2024 will be approximately 8%. This is a very good outcome, based on Ensign's current leverage and prevailing interest rate trends. We are maintaining our BUY ...more

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Ensign Energy Services Inc