ESI : Ensign Energy Services Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Ensign Energy Services Inc trades with the ticker ESI on the TSX and is in the Oil & Gas Drilling industry.

Overview
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 provides coring and oil sands drilling services to the mining, and oil and natural gas industries; directional drilling services; equipment rental services; 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, it offers transportation and well servicing services. The company operates land drilling rigs, specialty coring rigs, and well servicing rigs. Ensign Energy Services Inc. was incorporated in 1987 and is headquartered in Calgary, Canada.
 

Looking to invest in Ensign Energy Services Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ESI.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $459.031MM

PE Ratio: 11.409

Price: 23.98 (Updated: 3/12/2024 0:47:16)



Ensign Energy Services Inc (ESI) vs Competitors in Oil & Gas Drilling

Lets see how ESI.TO stacks up against others in the Oil & Gas Drilling asset management industry. We have identified its main peers as:

Precision Drilling Corporation

.

Oil & Gas Drilling Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Precision Drilling Corporation (PD) $1,206.646 4.267 3.327 N/A%
Ensign Energy Services Inc (ESI) $459.031 11.409 3.468 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas Drilling

  • Ensign Energy Services Inc (ESI) vs Precision Drilling Corporation (PD)
    • PD has higher EPS (19.53 vs 0.22). ESI has a higher P/E ratio (11.409 vs 4.267) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy ESI stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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