Ensign Energy Services (TSE:ESI – Free Report) had its price target reduced by TD Securities from C$3.50 to C$3.25 in a research report released on Tuesday, BayStreet.CA reports. They currently have a buy rating on the stock.
Separately, BMO Capital Markets cut their target price on Ensign Energy Services from C$3.50 to C$3.25 in a research report on Friday, October 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of C$3.58.
View Our Latest Stock Analysis on Ensign Energy Services
Ensign Energy Services Stock Performance
Ensign Energy Services (TSE:ESI – Get Free Report) last issued its quarterly earnings data on Friday, August 2nd. The company reported C($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.04) by C$0.02. Ensign Energy Services had a net margin of 1.23% and a return on equity of 1.63%. The firm had revenue of C$391.79 million for the quarter, compared to the consensus estimate of C$387.80 million.
Insider Transactions at Ensign Energy Services
In other news, Senior Officer Michael Gray bought 11,000 shares of the stock in a transaction dated Friday, August 9th. The shares were acquired at an average cost of C$2.29 per share, with a total value of C$25,173.50. Corporate 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.
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