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. More Details
No risks detected for ESI from our risk checks.
Fair value with mediocre balance sheet.
Share Price & News
How has Ensign Energy Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: ESI's weekly volatility (12%) has been stable over the past year.
7 Day Return
CA Energy Services
1 Year Return
CA Energy Services
Return vs Industry: ESI exceeded the Canadian Energy Services industry which returned 71% over the past year.
Return vs Market: ESI exceeded the Canadian Market which returned 28% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ensign Energy Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Ensign Energy Services Inc.'s (TSE:ESI) Shareholder Ownership Skewed Towards Insiders?
1 month ago | Simply Wall StEnsign Energy Services Inc. (TSE:ESI) Insiders Increased Their Holdings
2 months ago | Simply Wall StIs Ensign Energy Services (TSE:ESI) Using Too Much Debt?
Is Ensign Energy Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ESI (CA$1.66) is trading below our estimate of fair value (CA$10.09)
Significantly Below Fair Value: ESI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ESI is unprofitable, so we can't compare its PE Ratio to the Canadian Energy Services industry average.
PE vs Market: ESI is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ESI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ESI is good value based on its PB Ratio (0.2x) compared to the CA Energy Services industry average (0.7x).
How is Ensign Energy Services forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ESI's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if ESI's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ESI's revenue (24.1% per year) is forecast to grow faster than the Canadian market (5% per year).
High Growth Revenue: ESI's revenue (24.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ESI's Return on Equity is forecast to be high in 3 years time
How has Ensign Energy Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESI is currently unprofitable.
Growing Profit Margin: ESI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ESI is unprofitable, but has reduced losses over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare ESI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ESI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (5%).
Return on Equity
High ROE: ESI has a negative Return on Equity (-6.26%), as it is currently unprofitable.
How is Ensign Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: ESI's short term assets (CA$261.5M) exceed its short term liabilities (CA$159.7M).
Long Term Liabilities: ESI's short term assets (CA$261.5M) do not cover its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: ESI's debt to equity ratio (103.9%) is considered high.
Reducing Debt: ESI's debt to equity ratio has increased from 36.6% to 103.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ESI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ESI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.2% per year.
What is Ensign Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ESI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ESI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ESI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ESI is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Geddes (64 yo)
Mr. Robert H. Geddes, also known as Bob, has been Director, President and Chief Operating Officer of Trinidad Drilling Ltd. since November 28, 2018. Mr. Geddes has been the Chairman of Board at Trinidad Dr...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD1.59M) is above average for companies of similar size in the Canadian market ($USD527.52K).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
Experienced Management: ESI's management team is seasoned and experienced (9 years average tenure).
Experienced Board: ESI's board of directors are seasoned and experienced ( 14.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ESI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ensign Energy Services Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ensign Energy Services Inc.
- Ticker: ESI
- Exchange: TSX
- Founded: 1987
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: CA$269.554m
- Shares outstanding: 162.38m
- Website: https://www.ensignenergy.com
Number of Employees
- Ensign Energy Services Inc.
- 400 – 5th Avenue S.W.
- Suite 1000
- T2P 0L6
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 sha...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 22:58|
|End of Day Share Price||2021/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.