Added to YB: 2025-08-12
Pitch date: 2025-08-09
ESI.TO [neutral]
Ensign Energy Services Inc.
+29.27%
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 2.05
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
turnaround
Ensign Energy Services Q2 2025 Update - $ESI.to
ESI.TO (earnings update): Oilfield drilling services trading at 3.3x EV/EBITDA. Q2 revenue -5% YoY to $372.4M, EBITDA -19% to $81.4M. Canada +8% on TMX demand, US -5%, Int'l -17%. On track for $600M debt target with $119.8M left. Capex $154M + $30.5M for upgrades. Leveraged play on energy activity recovery with debt paydown catalyst.
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