Ensign Energy Services (ESVIF) Projected to Announce Earnings on Friday

Ensign Energy Services (OTCMKTS:ESVIF) is anticipated to announce its results before the market opens on Friday, August 7th. Analysts expect Ensign Energy Services to post earnings of ($0.0514) per share and revenue of $290.8660 million for the quarter.

Ensign Energy Services Stock Down 1.5%

Shares of Ensign Energy Services stock opened at $2.44 on Thursday. The stock’s fifty day moving average is $2.57 and its two-hundred day moving average is $2.63. Ensign Energy Services has a 52 week low of $1.46 and a 52 week high of $3.96.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ESVIF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Ensign Energy Services in a research note on Monday, May 11th. TD Securities reaffirmed a “hold” rating on shares of Ensign Energy Services in a research note on Friday, May 8th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Ensign Energy Services in a report on Friday, May 8th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Ensign Energy Services Company Profile

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.