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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 > Huge volumes.Fairfax making a run at Ensign?
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Post by lifeisgood1010 on Oct 11, 2024 1:10pm

Huge volumes.Fairfax making a run at Ensign?

As of 13:00. 817,000 shares traded on the TXX
Including all the other exchanges we are at 1.2 million and the day is not over.

This could mean nothing or is something brewing with Fairfax?

Time will tell.

But like i previously  noted, ESI is a beauty on the technical side.
Comment by Nothingmatters on Oct 11, 2024 1:17pm
I don't think it is fairfax, as the volumes were similar yesterday but no sedi report came out...  I think another financial institution taking a position. Only time will tell, how this plays out. 
Comment by Schussing56 on Oct 11, 2024 8:47pm
Has nothing to do with ESI's technicals. The sole reason for today's big move is because Israel has said they will retaliate against Iran for launching a volley of 180 missiles into Israel. If Israel targets Iran's oil infrastructure there will be another oil price shock. This is why ESI is moving today; even though they are just a driller. Any company that has anything to do with oil ...more