Ensign Energy Services Announces 2025 Board Election Results

Ensign Energy Services ( (TSE:ESI) ) has shared an announcement.

Ensign Energy Services Inc. announced the successful election of its board of directors at the annual meeting held on May 9, 2025. All nominated directors were elected, and other matters, including the advisory vote on executive compensation, were approved. This election solidifies the company’s leadership and supports its strategic direction in the competitive oilfield services industry.

The most recent analyst rating on (TSE:ESI) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Ensign Energy Services stock, see the TSE:ESI Stock Forecast page.

Spark’s Take on TSE:ESI Stock

According to Spark, TipRanks’ AI Analyst, TSE:ESI is a Neutral.

Ensign Energy Services demonstrates strong cash flow management and strategic debt reduction, which are significant strengths. However, challenges such as declining revenue, negative profitability, and bearish technical indicators weigh on the stock. The valuation is unattractive due to the negative P/E and lack of dividends. The earnings call highlights strategic achievements but also underscores ongoing challenges, leading to an overall cautious outlook.

To see Spark’s full report on TSE:ESI stock, click here.

More about Ensign Energy Services

Ensign Energy Services Inc. is a global leader in oilfield services, headquartered in Calgary, Alberta. The company operates in Canada, the United States, and internationally, providing premium services such as contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment, and well servicing. Ensign is recognized as one of the world’s top land-based drilling and well servicing contractors, serving crude oil, natural gas, and geothermal operators.

Average Trading Volume: 215,196

Technical Sentiment Signal: Sell

Current Market Cap: C$349.9M

For an in-depth examination of ESI stock, go to TipRanks’ Stock Analysis page.