Ensign Energy Services Inc.

TSX:ESI Stock Report

Market Cap: CA$685.4m

Ensign Energy Services Future Growth

Future criteria checks 3/6

Ensign Energy Services is forecast to grow earnings and revenue by 83.6% and 2.3% per annum respectively. EPS is expected to grow by 82.8% per annum. Return on equity is forecast to be 0.7% in 3 years.

Key information

83.6%

Earnings growth rate

82.81%

EPS growth rate

Energy Services earnings growth25.7%
Revenue growth rate2.3%
Future return on equity0.70%
Analyst coverage

Good

Last updated16 Mar 2026

Recent future growth updates

Recent updates

High Spec Drilling Demands And Capital Intensity Will Restrain Long Term Earnings Potential

Catalysts About Ensign Energy Services Ensign Energy Services provides contract drilling and well servicing, supported by drilling automation and controls technology, across North America and several international markets. What are the underlying business or industry changes driving this perspective?

Ensign Energy Services Inc. (TSE:ESI) Looks Just Right With A 31% Price Jump

Jan 22
Ensign Energy Services Inc. (TSE:ESI) Looks Just Right With A 31% Price Jump

Investors Will Want Ensign Energy Services' (TSE:ESI) Growth In ROCE To Persist

Jan 15
Investors Will Want Ensign Energy Services' (TSE:ESI) Growth In ROCE To Persist

Does Ensign Energy Services (TSE:ESI) Have A Healthy Balance Sheet?

Dec 16
Does Ensign Energy Services (TSE:ESI) Have A Healthy Balance Sheet?

What Ensign Energy Services Inc.'s (TSE:ESI) P/S Is Not Telling You

Oct 11
What Ensign Energy Services Inc.'s (TSE:ESI) P/S Is Not Telling You

Revenues Not Telling The Story For Ensign Energy Services Inc. (TSE:ESI) After Shares Rise 27%

Jun 20
Revenues Not Telling The Story For Ensign Energy Services Inc. (TSE:ESI) After Shares Rise 27%

We Think Some Shareholders May Hesitate To Increase Ensign Energy Services Inc.'s (TSE:ESI) CEO Compensation

May 03
We Think Some Shareholders May Hesitate To Increase Ensign Energy Services Inc.'s (TSE:ESI) CEO Compensation

Ensign Energy Services Inc.'s (TSE:ESI) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors

Mar 11
Ensign Energy Services Inc.'s (TSE:ESI) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors

With EPS Growth And More, Ensign Energy Services (TSE:ESI) Makes An Interesting Case

Feb 07
With EPS Growth And More, Ensign Energy Services (TSE:ESI) Makes An Interesting Case
User avatar

Demand For High-Spec Canadian Rigs And EDGE AutoPilot Technology Will Support Future Operations

Strong demand for high-spec rigs and rate increases boost margins and drive future revenue growth.

Why Investors Shouldn't Be Surprised By Ensign Energy Services Inc.'s (TSE:ESI) 26% Share Price Surge

Jan 07
Why Investors Shouldn't Be Surprised By Ensign Energy Services Inc.'s (TSE:ESI) 26% Share Price Surge

We Ran A Stock Scan For Earnings Growth And Ensign Energy Services (TSE:ESI) Passed With Ease

Nov 05
We Ran A Stock Scan For Earnings Growth And Ensign Energy Services (TSE:ESI) Passed With Ease

Ensign Energy Services Inc.'s (TSE:ESI) Shares Not Telling The Full Story

Jul 16
Ensign Energy Services Inc.'s (TSE:ESI) Shares Not Telling The Full Story

It Looks Like Shareholders Would Probably Approve Ensign Energy Services Inc.'s (TSE:ESI) CEO Compensation Package

Apr 27
It Looks Like Shareholders Would Probably Approve Ensign Energy Services Inc.'s (TSE:ESI) CEO Compensation Package

Does Ensign Energy Services (TSE:ESI) Deserve A Spot On Your Watchlist?

Apr 18
Does Ensign Energy Services (TSE:ESI) Deserve A Spot On Your Watchlist?

The Return Trends At Ensign Energy Services (TSE:ESI) Look Promising

Mar 03
The Return Trends At Ensign Energy Services (TSE:ESI) Look Promising

Sentiment Still Eluding Ensign Energy Services Inc. (TSE:ESI)

Jan 27
Sentiment Still Eluding Ensign Energy Services Inc. (TSE:ESI)

Is Ensign Energy Services (TSE:ESI) Using Too Much Debt?

Dec 15
Is Ensign Energy Services (TSE:ESI) Using Too Much Debt?

Ensign Energy Services' (TSE:ESI) Returns On Capital Are Heading Higher

Oct 05
Ensign Energy Services' (TSE:ESI) Returns On Capital Are Heading Higher

We Think Ensign Energy Services (TSE:ESI) Is Taking Some Risk With Its Debt

Sep 01
We Think Ensign Energy Services (TSE:ESI) Is Taking Some Risk With Its Debt

Earnings and Revenue Growth Forecasts

TSX:ESI - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,80691843761
12/31/20271,699-61463426
12/31/20261,661-241403326
12/31/20251,639-39136330N/A
9/30/20251,647-46219411N/A
6/30/20251,670-38248413N/A
3/31/20251,689-16270432N/A
12/31/20241,684-21293472N/A
9/30/20241,68831267439N/A
6/30/20241,69821269441N/A
3/31/20241,73936301482N/A
12/31/20231,79241317493N/A
9/30/20231,82921313498N/A
6/30/20231,81744243437N/A
3/31/20231,7296178370N/A
12/31/20221,5778146320N/A
9/30/20221,406-3382238N/A
6/30/20221,242-858253N/A
3/31/20221,110-1062206N/A
12/31/2021996-156-5179N/A
9/30/2021901-112-8157N/A
6/30/2021789-114102137N/A
3/31/2021772-82177211N/A
12/31/2020937-67197247N/A
9/30/20201,111-153288357N/A
6/30/20201,347-153325427N/A
3/31/20201,530-164260382N/A
12/31/20191,591-159269405N/A
9/30/20191,56267N/A338N/A
6/30/20191,45771N/A280N/A
3/31/20191,34363N/A218N/A
12/31/20181,15658N/A152N/A
9/30/20181,080-50N/A129N/A
6/30/20181,039-53N/A110N/A
3/31/20181,008-51N/A136N/A
12/31/20171,001-38N/A135N/A
9/30/2017965-146N/A105N/A
6/30/2017909-143N/A98N/A
3/31/2017853-149N/A120N/A
12/31/2016860-151N/A165N/A
9/30/2016910-130N/A231N/A
6/30/20161,042-173N/A268N/A
3/31/20161,200-134N/A320N/A
12/31/20151,391-104N/A412N/A
9/30/20151,710-94N/A495N/A
6/30/20151,96910N/A530N/A
3/31/20152,14726N/A600N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).

Earnings vs Market: ESI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ESI is expected to become profitable in the next 3 years.

Revenue vs Market: ESI's revenue (2.3% per year) is forecast to grow slower than the Canadian market (5.1% per year).

High Growth Revenue: ESI's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ESI's Return on Equity is forecast to be low in 3 years time (0.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/24 12:31
End of Day Share Price 2026/03/24 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ensign Energy Services Inc. is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Cormark
Laique Ahmad Amir ArifATB Cormark Historical (Cormark Securities)
James WestBarclays