Ensign Energy Services Inc.
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Robert H. Geddes
- Full Time Employees
- 4,160
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Address
- 400 – 5th Avenue S.W. Calgary AB Canada T2P 0L6
- IPO Date
- Feb 13, 2009
- Website
- ensignenergy.com
- Similar Companies
- Business
- Ensign Energy Services Inc. provides oilfield services to crude oil, natural gas and geothermal operators worldwide, specializing in land-based contract drilling, directional drilling, well servicing, oilfield rental equipment, production services, underbalanced drilling and managed pressure drilling; its fleet includes approximately 300 drilling rigs and over 100 service rigs such as the proprietary Automated Drilling Rig (ADR) series including the ADR 1500S for horizontal wells, the Automated Service Rig (ASR) 150 and Edge Autopilot technology. The company offers shallow, intermediate and deep well drilling, horizontal and slant drilling for steam assisted gravity drainage, coring and oil sands drilling, drilling optimization technologies, equipment rentals including drill strings, pumps and blow-out preventers, and transportation services. Founded in 1987 and headquartered in Calgary, Alberta, Canada, Ensign operates primarily in North America including Canada and the United States, the United Kingdom, Australia, the Middle East and Latin America, serving onshore shale plays, offshore developments and international exploration projects with over 5,000 employees. In 2024, the company reduced debt by $220 million exceeding its $200 million target, generated $450 million in EBITDA despite an 8% decline from 2023 due to US activity reductions from customer consolidation and low natural gas prices, achieved 100% utilization in Middle East and Latin American units, upgraded about 20 rigs with operator funding and expanded drilling solution penetration by 25% year-over-year; it also closed a $25 million private placement of unsecured subordinated convertible debentures in December 2024 and saw Fairfax Financial increase its stake to approximately 18% through additional share purchases.
Ensign Energy Services: Venezuela Exposure Is The Wild Card
Ensign Energy Services Inc. (ESI:CA) Q1 2026 Earnings Call Transcript
Ensign Energy Services Inc. (ESI:CA) Q4 2025 Earnings Call Transcript
Ensign Energy: Oilfield Services May Be Bottoming Out
Ensign Energy Services Inc. (ESI:CA) Q3 2025 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q2 2025 Earnings Call Transcript
Ensign Energy Services: Rapid Debt Reduction Makes The Stock Appealing
Ensign Energy Services Inc. (ESVIF) Q1 2025 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q4 2024 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q3 2024 Earnings Call Transcript
Fairfax Announces Acquisition of Additional Ensign Energy Services Inc. Common Shares
Ensign Energy Services Inc. (ESVIF) Q2 2024 Earnings Call Transcript
Fairfax Announces Termination of Total Return Swaps of Ensign Energy Services Inc. and Acquisition of Common Shares
Ensign Energy Services Inc. (ESVIF) Q1 2024 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q4 2023 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q3 2023 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q2 2023 Earnings Call Transcript
Ensign Energy Services Is a Cash Flow Gusher
Ensign Energy Services Inc. (ESVIF) Q1 2023 Earnings Call Transcript
Ensign Energy Services Inc. (ESVIF) Q4 2022 Earnings Call Transcript