Ensign Energy Financials
| ESVIF Stock | USD 2.23 0.02 0.89% |
Ensign |
Understanding current and past Ensign Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ensign Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Ensign Energy's assets may result in an increase in income on the income statement.
Ensign Energy Stock Summary
Ensign Energy competes with Petroleo Brasileiro, Equinor ASA, Eni SPA, YPF Sociedad, and Ecopetrol. 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 was incorporated in 1987 and is headquartered in Calgary, Canada. Ensign Energy operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 4160 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA2935701078 |
| Business Address | 400 5th Avenue |
| Sector | Energy Equipment & Services |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.ensignenergy.com |
| Phone | 403 262 1361 |
| Currency | USD - US Dollar |
Ensign Energy Key Financial Ratios
There are many critical financial ratios that Ensign Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ensign Energy Services reports annually and quarterly.| Return On Equity | -0.026 | |||
| Return On Asset | 0.0021 | |||
| Beta | 3.1 |
Ensign Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ensign Energy's current stock value. Our valuation model uses many indicators to compare Ensign Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ensign Energy competition to find correlations between indicators driving Ensign Energy's intrinsic value. More Info.Ensign Energy Services is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ensign Energy's earnings, one of the primary drivers of an investment's value.Ensign Energy Services Systematic Risk
Ensign Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ensign Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Ensign Energy Services correlated with the market. If Beta is less than 0 Ensign Energy generally moves in the opposite direction as compared to the market. If Ensign Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ensign Energy Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ensign Energy is generally in the same direction as the market. If Beta > 1 Ensign Energy moves generally in the same direction as, but more than the movement of the benchmark.
Ensign Energy November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ensign Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ensign Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ensign Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing Ensign Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ensign Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0848 | |||
| Maximum Drawdown | 10.8 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 5.0 |
Complementary Tools for Ensign Pink Sheet analysis
When running Ensign Energy's price analysis, check to measure Ensign Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ensign Energy is operating at the current time. Most of Ensign Energy's value examination focuses on studying past and present price action to predict the probability of Ensign Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensign Energy's price. Additionally, you may evaluate how the addition of Ensign Energy to your portfolios can decrease your overall portfolio volatility.
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