Q4 2024 EPS Estimates for Ensign Energy Services Inc. Cut by Atb Cap Markets (TSE:ESI)

Ensign Energy Services Inc. (TSE:ESI) – Atb Cap Markets cut their Q4 2024 EPS estimates for Ensign Energy Services in a research report issued on Tuesday, October 1st. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.06 per share for the quarter, down from their previous estimate of $0.07. Atb Cap Markets also issued estimates for Ensign Energy Services’ Q1 2025 earnings at $0.07 EPS, FY2025 earnings at $0.38 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.07 EPS and FY2026 earnings at $0.65 EPS.

Ensign Energy Services (TSE:ESI) last released its earnings results on Friday, August 2nd. The company reported C($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.02. The firm had revenue of C$391.79 million during the quarter, compared to the consensus estimate of C$387.80 million. Ensign Energy Services had a net margin of 1.23% and a return on equity of 1.63%.

Ensign Energy Services Trading Down 0.4 %

Shares of Ensign Energy Services stock opened at C$2.59 on Thursday. The stock’s 50-day simple moving average is C$2.49 and its 200 day simple moving average is C$2.43. Ensign Energy Services has a 52-week low of C$1.94 and a 52-week high of C$3.16. The company has a debt-to-equity ratio of 87.50, a quick ratio of 1.30 and a current ratio of 0.97. The stock has a market capitalization of C$475.71 million, a P/E ratio of 23.55, a P/E/G ratio of 202.94 and a beta of 3.05.

Insider Buying and Selling

In related news, Senior Officer Michael Gray acquired 11,000 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The shares were acquired at an average price of C$2.29 per share, with a total value of C$25,173.50. 44.90% of the stock is owned by insiders.

Ensign Energy Services Company Profile

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.