Ensign Energy Services (TSE:ESI) Upgraded at TD

TD upgraded shares of Ensign Energy Services (TSE:ESI) from a hold rating to a buy rating in a research report report published on Tuesday,BayStreet reports. They currently have C$4.75 price objective on the stock, up from their previous price objective of C$3.50.

Ensign Energy Services Stock Down 3.8%

Shares of ESI opened at C$4.10 on Tuesday. The stock has a market cap of C$755.74 million, a price-to-earnings ratio of -18.64, a P/E/G ratio of 202.94 and a beta of 1.58. The company has a quick ratio of 1.30, a current ratio of 1.24 and a debt-to-equity ratio of 73.88. Ensign Energy Services has a 12 month low of C$2.30 and a 12 month high of C$4.97. The company has a 50-day moving average price of C$3.71 and a two-hundred day moving average price of C$3.72.

Ensign Energy Services (TSE:ESI) last released its quarterly earnings data on Friday, August 7th. The company reported C($0.07) earnings per share for the quarter. Ensign Energy Services had a negative net margin of 2.45% and a negative return on equity of 3.11%. The company had revenue of C$397.33 million for the quarter. Equities analysts predict that Ensign Energy Services will post 0.29 EPS for the current fiscal year.

Ensign Energy Services Company Profile

Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world’s top land-based drilling and well servicing contractors serving crude oil, natural gas, and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment and well servicing. Please visit our website at www.ensignenergy.com.