Ensign Energy Services (ESVIF) to Release Earnings on Friday

Ensign Energy Services (OTCMKTS:ESVIF) is expected to be announcing its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of ($0.0099) per share and revenue of $422.8360 million for the quarter.

Ensign Energy Services Stock Down 5.4%

Ensign Energy Services stock traded down $0.15 during mid-day trading on Friday, reaching $2.56. The company’s stock had a trading volume of 100,337 shares, compared to its average volume of 74,957. The firm’s fifty day moving average price is $2.15 and its two-hundred day moving average price is $1.88. Ensign Energy Services has a 12-month low of $1.21 and a 12-month high of $2.78.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut Ensign Energy Services from an “outperform” rating to a “market perform” rating in a research report on Monday, December 15th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

About Ensign Energy Services

Ensign Energy Services Inc is a Calgary-based oilfield services company specializing in contract drilling and well-servicing solutions for the global energy industry. Through its fleet of land rigs and ancillary service equipment, Ensign delivers turnkey drilling operations, including vertical, directional and horizontal drilling, as well as completions support.

The company’s service offerings encompass a broad spectrum of well-intervention activities, such as coiled-tubing, snubbing, well testing, wireline, and production logging.