Added to YB: 2026-08-12
Pitch date: 2026-08-10
ESI.TO [neutral]
Ensign Energy Services Inc.
+4.42%
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 645.4M
Pitch Price
CAD 3.39
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.38
P/E
-15.88
EV/Sales
0.97
Sector
Energy Equipment and Services
Category
value
Ensign Energy Services Q2 2026 Update – $ESI.to
ESI.TO (earnings): Q2 rev $397.3M (+6.7% YoY) but -4.6% vs consensus; adj EBITDA $85.8M (+5.5%), -5.2% vs est. Stock fell as market wanted debt paydown over Citadel deal (US$65M, 6 Permian rigs, mkt share to 11%). Debt target cut $125M→$60M. High-spec demand strong, 5-10% dayrate hikes. 3.4x EV/fwd EBITDA. Holding.
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