Ensign Energy Services Stock Today

ESI Stock  CAD 3.05  0.06  2.01%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 8

 
High
 
Low
Low
Ensign Energy is selling at 3.05 as of the 21st of November 2024; that is 2.01 percent increase since the beginning of the trading day. The stock's open price was 2.99. Ensign Energy has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Ensign Energy Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Energy
Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the oil and natural gas industry in Canada, the United States, and internationally. Ensign Energy Services Inc. was founded in 1987 and is headquartered in Calgary, Canada. The company has 183.53 M outstanding shares of which 2.46 M shares are currently shorted by private and institutional investors with about 7.59 days to cover all short positions. More on Ensign Energy Services

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Ensign Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ensign Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ensign Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanNorman Edwards
Business ConcentrationEnergy Equipment & Services, Oil & Gas Drilling, Energy, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors)
Ensign Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ensign Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Ensign Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ensign Energy's financial leverage. It provides some insight into what part of Ensign Energy's total assets is financed by creditors.
Liquidity
Ensign Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Ensign Energy Services has accumulated 1.23 B in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Ensign Energy Services has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Ensign Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Ensign Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ensign Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ensign to invest in growth at high rates of return. When we think about Ensign Energy's use of debt, we should always consider it together with cash and equity.

Dividends Paid

0.0
Ensign Energy Services (ESI) is traded on Toronto Exchange in Canada and employs 24 people. Ensign Energy is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 559.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ensign Energy's market, we take the total number of its shares issued and multiply it by Ensign Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ensign Energy Services operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 183.53 M outstanding shares of which 2.46 M shares are currently shorted by private and institutional investors with about 7.59 days to cover all short positions. Ensign Energy Services has accumulated about 56.97 M in cash with 360.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
Check Ensign Energy Probability Of Bankruptcy
Ownership Allocation
Ensign Energy holds a total of 183.53 Million outstanding shares. Ensign Energy Services retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ensign Ownership Details

Ensign Energy Services Risk Profiles

Although Ensign Energy's alpha and beta are two of the key measurements used to evaluate Ensign Energy's performance over the market, the standard measures of volatility play an important role as well.

Ensign Stock Against Markets

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Ensign Energy Corporate Directors

Barth WhithamIndependent DirectorProfile
John SchroederIndependent DirectorProfile
Cary MoomjianIndependent DirectorProfile
Gail SurkanIndependent DirectorProfile

Other Information on Investing in Ensign Stock

Ensign Energy financial ratios help investors to determine whether Ensign Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ensign with respect to the benefits of owning Ensign Energy security.