- Ensign Energy Services reported second-quarter revenue of C$372.4 million, aligning closely with the estimated C$372.6 million, marking a 4.9% decline year-over-year.
- The company posted adjusted EBITDA of C$81.4 million, which represents a 19% decrease from the previous year, slightly below the estimate of C$84.1 million.
- Maintenance capital expenditures for 2025 are projected at approximately $154.0 million, complemented by selective upgrade capital of around $30.5 million, with $19.0 million funded by customers.
- Ensign Energy Services is on course to realize its debt reduction goal of $600.0 million from the beginning of 2023 to the end of 2025.
- Current analyst recommendations include 2 buys and 4 holds, with no sell ratings.
A look at Ensign Energy Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Ensign Energy Services Inc, a company providing oilfield services globally, has received a mixed outlook based on the Smartkarma Smart Scores. With a top score in Value and Growth factors, Ensign Energy Services is positioned favorably for long-term value appreciation and potential growth opportunities in its industry.
However, the company lags behind in the Dividend factor, indicating a lower level of dividend payment stability. The Resilience and Momentum scores fall in the mid-range, suggesting moderate performance in terms of withstanding market challenges and maintaining positive stock price momentum. Despite this, Ensign Energy Services‘ strong foundation in land-based drilling and diversified service offerings positions it well for sustained growth and value creation in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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