Added to YB: 2025-11-11
Pitch date: 2025-11-08
ESI.TO [neutral]
Ensign Energy Services Inc.
+8.16%
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 2.45
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 Q3 2025 Update - $ESI.to
ESI.TO (earnings): Q3 rev $411M (-5% YOY), EBITDA $98.6M (-17% YOY), 24% margin. Net debt down 13% to $925M, 2.4x leverage. High-spec rig rates climbing 2%/qtr, $100M/3yr contracts secured. Oman 5yr deal starting Dec. Debt reduction target $600M by 1H-2026. Trades 3.5x EV/EBITDA, expecting better 2026.
Read full article (2 min)