Will Ensign Energy Services Inc Go Down Anytime Soon?


 Will Ensign Energy Services Inc Go Down Anytime Soon?

The stock of Ensign Energy Services Inc (TSE:ESI) is a huge mover today! About 46,288 shares traded hands. Ensign Energy Services Inc (TSE:ESI) has risen 33.07% since March 11, 2016 and is uptrending. It has outperformed by 27.58% the S&P500.
The move comes after 8 months positive chart setup for the $1.33B company. It was reported on Oct, 18 by Barchart.com. We have $11.98 PT which if reached, will make TSE:ESI worth $518.70M more.

Ensign Energy Services Inc (TSE:ESI) Ratings Coverage

Out of 6 analysts covering Ensign Energy Services Inc. (TSE:ESI), 1 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 17% are positive. $12 is the highest target while $7.50 is the lowest. The $8.59 average target is -0.35% below today’s ($8.62) stock price. Ensign Energy Services Inc. has been the topic of 20 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm earned “Market Perform” rating on Tuesday, November 10 by FirstEnergy Capital. As per Thursday, August 11, the company rating was maintained by TD Securities. Altacorp upgraded Ensign Energy Services Inc (TSE:ESI) on Wednesday, October 14 to “Outperform” rating. The stock of Ensign Energy Services Inc (TSE:ESI) has “Sector Perform” rating given on Thursday, August 11 by Scotia Capital.

More important recent Ensign Energy Services Inc (TSE:ESI) news were published by: Seekingalpha.com which released: “Ensign Energy Services: End Of A Dividend Era?” on October 17, 2016, also Marketwatch.com published article titled: “Ensign Energy Services Inc.”, Theglobeandmail.com published: “The Globe and Mail” on September 03, 2010. More interesting news about Ensign Energy Services Inc (TSE:ESI) was released by: Seekingalpha.com and their article: “Ensign Energy – The Resurrection” with publication date: August 08, 2016.

Ensign Energy Services Inc. is a Canada firm engaged in the business of providing oilfield services to the gas and oil industry in Canada, the United States and internationally. The company has a market cap of $1.33 billion. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid services. It currently has negative earnings. The Company’s Canadian activities span over four western provinces of British Columbia, Alberta, Saskatchewan and Manitoba and include the Northwest Territories and the Yukon.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply