TSE:ESI

Ensign Energy Services - ESI Stock Forecast, Price & News

C$3.07

-0.11 (-3.46%)

(As of 03/28/2023 12:00 AM ET)

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Today's Range: C$3.02
▼
C$3.16
50-Day Range: C$3.01
▼
C$4.06
52-Week Range: C$2.09
▼
C$5.00

Volume: 381,207 shs
Average Volume: 427,801 shs
Market Capitalization: C$564.70 million

P/E Ratio: 61.40
Dividend Yield: 42.86%
Price Target: C$6.13

Ensign Energy Services MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 91.4% Upside
C$5.88 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.32
Based on 4 Articles This Week
Insider Trading: Selling Shares
C$57,210 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Ensign Energy Services has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$5.88, Ensign Energy Services has a forecasted upside of 91.4% from its current price of C$3.07.
Amount of Analyst Coverage
Ensign Energy Services has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ESI.

1.7

Dividend Strength

Dividend Leadership
Ensign Energy Services is a leading dividend payer. It pays a dividend yield of 42.86%, 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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ESI.

1.8

News and Social Media Coverage

News Sentiment
Ensign Energy Services has a news sentiment score of 0.32. 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 lower news sentiment than the 0.42 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ensign Energy Services this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Ensign Energy Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ensign Energy Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$57,210.00 in company stock.
Percentage Held by Insiders
36.92% of the stock of Ensign Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.89% of the stock of Ensign Energy Services is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ensign Energy Services is 61.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ensign Energy Services is 61.40, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 64.85.
Price to Earnings Growth Ratio
Ensign Energy Services has a PEG Ratio of 202.94. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ensign Energy Services has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ensign Energy Services (TSE:ESI) Stock

Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services. It also provides coring and oil sands drilling services to the mining, and oil and natural gas industries; directional drilling and related services for conventional and horizontal drilling applications; shallow to deep well services, such as completions, abandonments, production workovers, and bottom hole pump changes for oil and natural gas producers; and interactive pressure drilling services with self-contained systems comprising nitrogen generation and compression equipment, and surface control systems. In addition, the company rents drill strings, loaders, tanks, pumps, rig mattings, blow-out preventers, waste bins, and wastewater treatment equipment for the drilling and completions segments of the oilfield industry. Further, the company offers transportation services. As of December 31, 2021, it operated a fleet of 262 land drilling rigs, 21 specialty coring rigs, and 100 well servicing rigs. The company was incorporated in 1987 and is headquartered in Calgary, Canada.

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ESI Stock News Headlines

March 29, 2023 | americanbankingnews.com

BMO Capital Markets Lowers Ensign Energy Services (TSE:ESI) Price Target to C$5.00

March 28, 2023 | theglobeandmail.com

Closing Bell: Ensign Energy Services Inc up on Monday (ESI)

March 29, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 27, 2023 | americanbankingnews.com

Brokerages Set Ensign Energy Services Inc. (TSE:ESI) Target Price at C$6.13

February 10, 2023 | finance.yahoo.com

ENSIGN ENERGY SERVICES INC. - Fourth Quarter 2022 Earnings Conference Call and Webcast

January 16, 2023 | finance.yahoo.com

Ensign Energy Services Inc.'s (TSE:ESI) largest shareholders are individual investors with 60% ownership, insiders own 27%

October 14, 2022 | finance.yahoo.com

Ensign Energy Services Inc. - Third Quarter 2022 Earnings Conference Call and Webcast

September 23, 2022 | investing.com

Esi Energy Services Inc (OPI)

March 29, 2023 | Behind the Markets (Ad)

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September 22, 2022 | theglobeandmail.com

Ensign Energy Services: Top 10 Undervalued Energy Stocks on TSX (ESI)

August 23, 2022 | finance.yahoo.com

Investors in Ensign Energy Services (TSE:ESI) have made a favorable return of 89% over the past year

July 27, 2022 | theglobeandmail.com

Ensign Energy Services Inc stock raised on Tuesday.

July 20, 2022 | finance.yahoo.com

ENSIGN ENERGY SERVICES INC. - Second Quarter 2022 Earnings Conference Call and Webcast

July 16, 2022 | theglobeandmail.com

Ensign Energy Services Inc stock boosted on Friday.

June 2, 2022 | finance.yahoo.com

How Much Of Ensign Energy Services Inc. (TSE:ESI) Do Insiders Own?

May 10, 2022 | nasdaq.com

CANADA STOCKS-Toronto index set to rise after worst day in two years

May 9, 2022 | markets.businessinsider.com

Canadian Stocks Down Sharply On Widespread Selling

May 9, 2022 | nasdaq.com

Bay Street Likely To Open On Negative Note

April 15, 2022 | benzinga.com

RBC Capital Upgrades Ensign Energy Services to Outperform, Raises Price Target to C$6

April 8, 2022 | finance.yahoo.com

ENSIGN ENERGY SERVICES INC. - ANNOUNCES NOTICE ISSUED OF EARLY REDEMPTION OF THE UNSECURED SUBORDINATED CONVERTIBLE DEBENTURES DUE MAY 1, 2023

March 16, 2022 | finance.yahoo.com

Investors in Ensign Energy Services (TSE:ESI) have made a strong return of 104% over the past year

February 8, 2022 | finance.yahoo.com

Ensign Drilling Inc. -- Moody's changes Ensign's outlook to positive

December 20, 2021 | finance.yahoo.com

ENSIGN ENERGY SERVICES INC. PROVIDES UPDATE ON CREDIT FACILITY

October 27, 2021 | finance.yahoo.com

Research Reports Initiated on Energy Stocks Trinidad Drilling, Ensign Energy Services, Global Daily Fantasy Sports, and Savanna Energy Services

September 15, 2021 | fool.ca

TSX:CNQ (CDN NATURAL RES)

September 11, 2021 | ca.finance.yahoo.com

Stocks in play: Ensign Energy Services Inc.

August 6, 2021 | finance.yahoo.com

Ensign Energy Services Inc. Reports 2021 Second Quarter Results

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30 days | 90 days | 365 days | Advanced Chart

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ESI Company Calendar

Today: 3/28/2023
Next Earnings (Estimated): 5/08/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Drilling
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:ESI
CUSIP: N/A
CIK: N/A
Web: www.ensignenergy.com
Phone: +1-403-2621361
Fax: N/A
Employees: 4,160
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$5.88
High Stock Price Forecast: C$9.00
Low Stock Price Forecast: C$4.50
Forecasted Upside/Downside: +99.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.05
Trailing P/E Ratio: 61.40
Forward P/E Ratio: 5.84
P/E Growth: 202.94
Net Income: C$8.13 million
Net Margins: 0.51%
Pretax Margin: N/A
Return on Equity: 0.68%
Return on Assets: 1.48%

Debt

Debt-to-Equity Ratio: 113.04
Current Ratio: 0.40
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: C$1.58 billion
Price / Sales: 0.36
Cash Flow: C$0.14 per share
Price / Cash Flow: 21.29
Book Value: C$7.03 per share
Price / Book: 0.44

Miscellaneous

Outstanding Shares: 183,940,000
Free Float: N/A
Market Cap: C$564.70 million
Optionable: Not Optionable
Beta: 3.12

Key Executives

Mr. Robert H. Geddes (Age 65)
Pres, COO & Non-Independent Director
Comp: $1.11M

Mr. Michael R. Gray
Chief Financial Officer

Mr. Michael Rudy Nuss
Exec. VP of United States Operations

Mr. Brent J. Conway
Exec. VP of International Operations

Ms. Nicole Romanow
Head of Investor Relations

Ms. Suzanne Davies
VP of Legal & Corp. Sec.

Ms. Cathy Robinsons
VP of Global HR

Mr. Bob Zanusso
Sr. VP of Canadian Drilling

Mr. Wayne Kipp
Sr. VP of Engineering

Mr. Gene Gaz
Sr. VP of International East Operations for International Oilfield Services East

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ESI Stock - Frequently Asked Questions

Should I buy or sell Ensign Energy Services stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ensign Energy Services in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ESI shares.
View ESI analyst ratings or view top-rated stocks.
What is Ensign Energy Services' stock price forecast for 2023?: 6 brokerages have issued 1-year price targets for Ensign Energy Services' shares. Their ESI share price forecasts range from C$4.50 to C$9.00. On average, they predict the company's share price to reach C$5.88 in the next twelve months. This suggests a possible upside of 91.4% from the stock's current price.
View analysts price targets for ESI or view top-rated stocks among Wall Street analysts.
How have ESI shares performed in 2023?: Ensign Energy Services' stock was trading at C$3.41 at the beginning of 2023. Since then, ESI stock has decreased by 10.0% and is now trading at C$3.07.
View the best growth stocks for 2023 here.
When is Ensign Energy Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our ESI earnings forecast.
What other stocks do shareholders of Ensign Energy Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ensign Energy Services investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX).

What is Ensign Energy Services' stock symbol?: Ensign Energy Services trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ESI."
How do I buy shares of Ensign Energy Services?: Shares of ESI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Ensign Energy Services' stock price today?: One share of ESI stock can currently be purchased for approximately C$3.07.
How much money does Ensign Energy Services make?: Ensign Energy Services (TSE:ESI) has a market capitalization of C$564.70 million and generates C$1.58 billion in revenue each year. The company earns C$8.13 million in net income (profit) each year or C$0.05 on an earnings per share basis.
How many employees does Ensign Energy Services have?: The company employs 4,160 workers across the globe.
How can I contact Ensign Energy Services?: Ensign Energy Services' mailing address is 400 5 Ave SW Suite 1000, CALGARY, AB T2P 0L6, Canada. The official website for the company is www.ensignenergy.com. The company can be reached via phone at +1-403-2621361.

This page (TSE:ESI) was last updated on 3/29/2023 by MarketBeat.com Staff

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Ensign Energy Services - ESI Stock Forecast, Price & News

Ensign Energy Services MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ensign Energy Services (TSE:ESI) Stock

ESI Stock News Headlines

ESI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ESI Stock - Frequently Asked Questions

Overall MarketRank^™