Research Analysts Offer Predictions for TSE:ESI Q1 Earnings

Ensign Energy Services Inc. (TSE:ESI) – Equities research analysts at Atb Cap Markets reduced their Q1 2025 earnings estimates for shares of Ensign Energy Services in a research report issued on Sunday, March 9th. Atb Cap Markets analyst W. Syed now forecasts that the company will earn ($0.03) per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for Ensign Energy Services’ current full-year earnings is $0.29 per share. Atb Cap Markets also issued estimates for Ensign Energy Services’ Q2 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.01) EPS and FY2026 earnings at $0.26 EPS.

Several other analysts have also issued reports on ESI. ATB Capital increased their target price on Ensign Energy Services from C$4.50 to C$5.50 in a report on Tuesday, December 10th. TD Securities reduced their price objective on shares of Ensign Energy Services from C$3.00 to C$2.75 and set a “hold” rating on the stock in a research note on Monday. Finally, BMO Capital Markets decreased their target price on shares of Ensign Energy Services from C$4.25 to C$3.50 in a report on Monday.

Ensign Energy Services Price Performance

Ensign Energy Services stock opened at C$2.29 on Wednesday. The firm has a market cap of C$422.95 million, a PE ratio of 13.39, a price-to-earnings-growth ratio of 202.94 and a beta of 3.05. The company has a debt-to-equity ratio of 84.02, a current ratio of 0.98 and a quick ratio of 1.30. The stock’s fifty day moving average price is C$3.02 and its two-hundred day moving average price is C$2.83. Ensign Energy Services has a one year low of C$2.06 and a one year high of C$3.52.

Insider Buying and Selling

In related news, Director Cary A. Moomjian Jr. purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average cost of C$2.97 per share, with a total value of C$29,694.00. 44.90% of the stock is owned by corporate insiders.

About Ensign Energy Services

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.