Ensign Energy Services Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Robert H. Geddes
- Full Time Employees
- 4,160
- Sector
- Industrial services
- Industry
- Contract drilling
- Address
- 400 – 5th Avenue S.W. Calgary AB Canada T2P 0L6
- IPO Date
- Jun 25, 1993
- Website
- ensignenergy.com
- Similar Companies
- Business
- Ensign Energy Services Inc. provides land-based contract drilling and well servicing to crude oil, natural gas and geothermal operators in Canada, the United States and internationally. The company offers an extensive fleet of technologically advanced drilling rigs including its proprietary automated drilling rigs (ADR) such as the ADR 1500S walking rigs for horizontal wells; directional drilling services; underbalanced and managed pressure drilling; automated service rigs (ASR) including the ASR 150 for well completion, recompletions, abandonment, production workovers, pump servicing, sidetracking, deepening, fishing and swabbing; rental equipment such as pressure testing and torque wrenches; and production services. Founded in 1987 and headquartered in Calgary, Alberta, Ensign deploys approximately 300 drilling rigs and 100 service rigs globally with operations spanning North America, South America, the Middle East and Oceania. In recent developments, Fairfax Financial Holdings increases its ownership to 18.19% through additional share purchases in 2024; the company reports third quarter 2025 revenue of $411.2 million. Ensign acquires Nabors' 35 land-based drilling rigs in Canada in 2021 and consolidates its Kuwait and Bahrain operations by taking full ownership of the Trinidad Drilling International joint venture in 2020, while selling its Canadian directional drilling business to Cathedral Energy Services in 2022.
Company News
Ensign Energy: This Time It's Different For Oilfield Services
Ensign Energy Services Q2 Earnings Call Highlights
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