Added to YB: 2025-05-15
Pitch date: 2025-05-13
ESI.TO [neural]
Ensign Energy Services Inc.
+24.41%
current return
Author Info
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Company Info
Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally.
Market Cap
CAD 443.0M
Pitch Price
CAD 2.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.67
P/E
-9.66
EV/Sales
0.85
Sector
Energy Equipment and Services
Category
value
Ensign Energy Services Q1 2025 Update - $ESI.to
ESI.TO (earnings update): Drilling services co at 3.3x EV/EBITDA. Q1 revenue +1% YoY, adj EBITDA -13%. Strong debt reduction - 200M in 2025, 600M 2023-2025. US rig deactivation costs, near-term headwinds but improving 2026. Only 1/3 rigs contracted. Owner added under $2, views as part of OFS basket at good entry point in cycle.
Read full article (2 min)