Ensign Energy Services (ESVIF) Projected to Post Quarterly Earnings on Friday

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

Ensign Energy Services Trading Up 2.4%

OTCMKTS ESVIF opened at $2.61 on Thursday. The business’s 50-day moving average price is $2.20 and its 200 day moving average price is $1.90. Ensign Energy Services has a twelve month low of $1.21 and a twelve month high of $2.78.

Wall Street Analysts Forecast Growth

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