Ensign Energy Services (ESVIF) Stock Price, News & Analysis

Company Overview

Ensign Energy Services Inc. is a Canadian oilfield services company that provides contract drilling and well-servicing solutions to oil and natural gas producers. Its operations support the construction, maintenance, workover and completion of onshore wells.

The company operates a fleet of land-based drilling rigs and service rigs, along with related equipment and technical services. Its offerings include directional drilling, managed-pressure and underbalanced drilling, well servicing, and other specialized services designed to help energy companies develop and maintain producing properties.

Founded in 1987 and headquartered in Calgary, Alberta, Ensign has built an international operating presence serving customers in North America and other selected energy-producing regions. The company’s shares trade on the Toronto Stock Exchange under the symbol ESI and on the OTC market under the symbol ESVIF.

Key Stats

• Today's Range: $2.93 to $3.05
• 50-Day Range: $2.37 to $3.28
• 52-Week Range: $1.69 to $3.96
• Volume: 171,488 shs
• Average Volume: 103,466 shs
• Market Capitalization: N/A
• P/E Ratio: 3.61
• Dividend Yield: 15.51%
• Price Target: N/A
• Consensus Rating: Hold

Ensign Energy Services Stock Analysis - MarketRank™

Ensign Energy Services scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

Ensign Energy Services has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ensign Energy Services has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ensign Energy Services is 3.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ensign Energy Services is 3.61, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 21.32.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Ensign Energy Services has a short interest ratio ("days to cover") of 10.53, which indicates bearish sentiment.

Change versus previous month

Short interest in Ensign Energy Services has recently decreased by 7.92%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Ensign Energy Services is a leading dividend payer. It pays a dividend yield of 5.95%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ensign Energy Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ensign Energy Services is 55.96%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Ensign Energy Services has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Ensign Energy Services this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ensign Energy Services insiders have not sold or bought any company stock.

Percentage Held by Institutions

52.79% of the stock of Ensign Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Drilling
• Current Symbol: OTCMKTS:ESVIF
• Previous Symbol: PINK:ESVIF
• CIK: N/A
• Web: www.ensignenergy.com
• Phone: (403) 262-1361
• Fax: N/A
• Employees: 4,160
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 3.61
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A