Atb Cap Markets Has Positive Outlook of TSE:ESI Q2 Earnings

Ensign Energy Services Inc. (TSE:ESI) – Atb Cap Markets boosted their Q2 2025 earnings estimates for shares of Ensign Energy Services in a report released on Monday, May 12th. Atb Cap Markets analyst W. Syed now expects that the company will earn ($0.05) per share for the quarter, up from their prior estimate of ($0.08). Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for Ensign Energy Services’ current full-year earnings is $0.29 per share. Atb Cap Markets also issued estimates for Ensign Energy Services’ Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.02 EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.05 EPS, FY2026 earnings at $0.09 EPS, Q1 2027 earnings at $0.06 EPS and FY2027 earnings at $0.24 EPS.

Other equities research analysts have also issued research reports about the company. CIBC lowered their target price on Ensign Energy Services from C$3.75 to C$3.25 in a research note on Thursday, April 10th. TD Securities lowered their price objective on Ensign Energy Services from C$2.75 to C$2.25 and set a “hold” rating for the company in a research report on Wednesday, April 16th. BMO Capital Markets dropped their price objective on Ensign Energy Services from C$3.50 to C$3.00 in a research note on Thursday, April 17th. Finally, Royal Bank of Canada decreased their target price on shares of Ensign Energy Services from C$3.50 to C$2.50 and set an “outperform” rating on the stock in a research note on Thursday, April 17th.

Ensign Energy Services Stock Performance

TSE ESI opened at C$1.99 on Thursday. The company has a 50-day simple moving average of C$2.06 and a two-hundred day simple moving average of C$2.66. Ensign Energy Services has a 12-month low of C$1.73 and a 12-month high of C$3.52. The firm has a market cap of C$367.54 million, a price-to-earnings ratio of 11.63, a PEG ratio of 202.94 and a beta of 3.05. The company has a quick ratio of 1.30, a current ratio of 0.98 and a debt-to-equity ratio of 84.02.

Insider Buying and Selling at Ensign Energy Services

In other Ensign Energy Services news, Senior Officer Robert Harold Geddes acquired 50,000 shares of the business’s stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average cost of C$2.17 per share, for a total transaction of C$108,500.00. Insiders acquired 70,000 shares of company stock valued at $149,635 in the last 90 days. Insiders own 44.90% of the company’s stock.

Ensign Energy Services Company Profile

Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.