Ensign Energy Services Future Growth

Future criteria checks 3/6

Ensign Energy Services is forecast to grow earnings and revenue by 64.7% and 1.6% per annum respectively. EPS is expected to grow by 46.5% per annum. Return on equity is forecast to be 4.4% in 3 years.

Key information

64.7%

Earnings growth rate

46.5%

EPS growth rate

Energy Services earnings growth	22.4%
Revenue growth rate	1.6%
Future return on equity	4.4%
Analyst coverage	Good
Last updated	01 Nov 2024

Recent future growth updates

Recent updates

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

Nov 05

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

Jul 16

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

Apr 27

Ensign Energy Services (TSE:ESI) Is Doing The Right Things To Multiply Its Share Price

Dec 07

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

May 18

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

Jan 09

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

Sep 25

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

May 28

We Discuss Why Ensign Energy Services Inc.'s (TSE:ESI) CEO Compensation May Be Closely Reviewed

May 01

Are Insiders Buying Ensign Energy Services Inc. (TSE:ESI) Stock?

Mar 14

Earnings and Revenue Growth Forecasts

TSX:ESI - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,753	80	212	383	5
12/31/2025	1,716	29	199	373	6
12/31/2024	1,698	4	178	370	6
9/30/2024	1,688	31	267	439	N/A
6/30/2024	1,698	21	269	441	N/A
3/31/2024	1,739	36	301	482	N/A
12/31/2023	1,792	41	317	493	N/A
9/30/2023	1,829	21	313	498	N/A
6/30/2023	1,817	44	243	437	N/A
3/31/2023	1,729	6	178	370	N/A
12/31/2022	1,577	8	146	320	N/A
9/30/2022	1,406	-33	82	238	N/A
6/30/2022	1,242	-85	8	253	N/A
3/31/2022	1,110	-106	2	206	N/A
12/31/2021	996	-156	-5	179	N/A
9/30/2021	901	-112	-8	157	N/A
6/30/2021	789	-114	102	137	N/A
3/31/2021	772	-82	177	211	N/A
12/31/2020	937	-67	197	247	N/A
9/30/2020	1,111	-153	288	357	N/A
6/30/2020	1,347	-153	325	427	N/A
3/31/2020	1,530	-164	260	382	N/A
12/31/2019	1,591	-159	269	405	N/A
9/30/2019	1,562	67	206	338	N/A
6/30/2019	1,457	71	167	280	N/A
3/31/2019	1,343	63	113	218	N/A
12/31/2018	1,156	58	72	152	N/A
9/30/2018	1,080	-50	44	129	N/A
6/30/2018	1,039	-53	N/A	110	N/A
3/31/2018	1,008	-51	N/A	136	N/A
12/31/2017	1,001	-38	N/A	135	N/A
9/30/2017	965	-146	N/A	105	N/A
6/30/2017	909	-143	N/A	98	N/A
3/31/2017	853	-149	N/A	120	N/A
12/31/2016	860	-151	N/A	165	N/A
9/30/2016	910	-130	N/A	231	N/A
6/30/2016	1,042	-173	N/A	268	N/A
3/31/2016	1,200	-134	N/A	320	N/A
12/31/2015	1,391	-104	N/A	412	N/A
9/30/2015	1,710	-94	N/A	495	N/A
6/30/2015	1,969	10	N/A	530	N/A
3/31/2015	2,147	26	N/A	600	N/A
12/31/2014	2,322	71	N/A	521	N/A
9/30/2014	2,255	129	N/A	479	N/A
6/30/2014	2,215	136	N/A	447	N/A
3/31/2014	2,141	124	N/A	424	N/A
12/31/2013	2,098	129	N/A	453	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESI's forecast earnings growth (64.7% per year) is above the savings rate (2.3%).

Earnings vs Market: ESI's earnings (64.7% per year) are forecast to grow faster than the Canadian market (16.4% per year).

High Growth Earnings: ESI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ESI's revenue (1.6% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: ESI's revenue (1.6% 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 (4.4%).

Ensign Energy Services Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 18%

Consensus EPS estimates increase by 17%

Consensus EPS estimates fall by 28%, revenue upgraded

Consensus EPS estimates fall by 61%

Consensus EPS estimates fall by 13%

Price target decreased by 10.0% to CA$3.86

Recent updates

New minor risk - Insider selling

President recently sold CA$75k worth of stock

President recently sold CA$75k worth of stock

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

Third quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently bought CA$50k worth of stock

Consensus EPS estimates increase by 18%

Ensign Energy Services Inc. to Report Q3, 2024 Results on Nov 01, 2024

Consensus EPS estimates increase by 17%

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 17%

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

Ensign Energy Services Inc. to Report Q2, 2024 Results on Aug 02, 2024

Consensus EPS estimates fall by 28%, revenue upgraded

Consensus EPS estimates fall by 61%

President exercised options to buy CA$203k worth of stock.

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

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?

Ensign Energy Services Inc. to Report Q1, 2024 Results on May 06, 2024

Consensus EPS estimates fall by 13%

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

Full year 2023 earnings: EPS exceeds analyst expectations

Ensign Energy Services Inc., Annual General Meeting, May 03, 2024

Ensign Energy Services Inc. to Report Q4, 2023 Results on Mar 01, 2024

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

Price target decreased by 10.0% to CA$3.86

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

Ensign Energy Services Inc Appoints Donna Carson to the Board of Directors

Investor sentiment deteriorates as stock falls 16%

Ensign Energy Services Inc. Appoints Karl Ruud to Its Board of Directors

Ensign Energy Services Inc. Appoints Karl Ruud to Its Board of Directors

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

President recently bought CA$747k worth of stock

Ensign Energy Services Inc. to Report Q3, 2023 Results on Nov 03, 2023

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

Investor sentiment improves as stock rises 21%

Price target increased by 8.0% to CA$4.53

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Ensign Energy Services Inc. to Report Q2, 2023 Results on Aug 04, 2023

Price target decreased by 9.2% to CA$4.11

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 14%

New minor risk - Shareholder dilution

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

Price target decreased by 7.2% to CA$4.61

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.5% to CA$5.08

Ensign Energy Services (TSE:ESI) Has A Somewhat Strained Balance Sheet

Investor sentiment deteriorates as stock falls 19%

Full year 2022 earnings: EPS misses analyst expectations

Ensign Energy Services Inc. to Report Q4, 2022 Results on Mar 03, 2023

Independent Director recently sold CA$81k worth of stock

Independent Director recently sold CA$91k worth of stock

Ensign Energy Services (TSE:ESI) Is Doing The Right Things To Multiply Its Share Price

Insufficient new directors

Price target increased to CA$5.69

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to CA$5.42

Ensign Energy Services Inc. to Report Q3, 2022 Results on Nov 04, 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Ensign Energy Services Inc. to Report Q2, 2022 Results on Aug 05, 2022

Consensus forecasts updated

Chairman of the Board exercised options to buy CA$54m worth of stock.

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

Price target increased to CA$5.81

Consensus estimates of losses per share improve by 64%

First quarter 2022 earnings: EPS exceeds analyst expectations