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Ensign Energy Services Inc

Energy CA ESI

3.045CAD
0.06(1.84%)

Last update at 2024-11-20T19:41:00Z

Day Range

2.983.04
LowHigh

52 Week Range

1.943.15
LowHigh

Fundamentals

  • Previous Close 2.99
  • Market Cap554.27M
  • Volume55220
  • P/E Ratio17.76
  • Dividend Yield-%
  • EBITDA457.70M
  • Revenue TTM1688.26M
  • Revenue Per Share TTM9.18
  • Gross Profit TTM 422.25M
  • Diluted EPS TTM0.17

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -6.37300M -194.46200M -120.52800M -183.59700M 6.48M
Minority interest -0.35800M -0.01500M 4.85M 5.14M 78.08M
Net income 8.13M -156.00800M -66.74000M -163.45400M 58.30M
Selling general administrative 68.34M 44.60M 41.45M 59.11M 47.14M
Selling and marketing expenses - - - - -
Gross profit 141.11M -36.78900M -96.08800M 88.16M -114.50300M
Reconciled depreciation 281.14M 288.19M 374.70M 363.14M 415.04M
Ebit 63.97M -84.78000M 12.08M -6.19200M 58.54M
Ebitda 345.11M 203.41M 386.78M 356.95M 473.57M
Depreciation and amortization 281.14M 288.19M 374.70M 363.14M 415.04M
Non operating income net other - - - - -
Operating income 63.97M -84.78000M 12.08M -6.19200M -161.64700M
Other operating expenses 1504.56M 1076.99M 1074.35M 1563.19M 1318.00M
Interest expense 119.28M 97.60M 107.37M 149.16M 52.42M
Tax provision -14.85900M -38.45400M -53.78800M -20.14300M -52.18000M
Interest income 128.08M 108.42M 120.61M 189.05M 51.54M
Net interest income -128.07700M -108.41500M -119.26100M -149.15900M -52.41600M
Extraordinary items 0.00000M -3.45200M -12.79900M -4.36400M -
Non recurring - - - - -
Other items - - - - -
Income tax expense -14.85900M -38.45400M -53.78800M -20.14300M -52.18000M
Total revenue 1577.33M 995.59M 936.82M 1592.25M 1156.36M
Total operating expenses 68.34M 44.60M 41.45M 59.11M 47.14M
Cost of revenue 1436.22M 1032.38M 1032.91M 1504.08M 1270.86M
Total other income expense net -70.34300M -109.68200M -132.60700M -177.40500M 168.13M
Discontinued operations - -3.45200M -12.79900M -4.36400M -4.36400M
Net income from continuing ops 8.49M -156.00800M -66.74000M -163.45400M 58.66M
Net income applicable to common shares 8.13M -159.47500M -79.32900M -162.90500M 58.30M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2947.99M 3183.90M 2977.05M 3054.49M 3470.60M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 56.81M - - 0.00000M 18.81M
Total liab 1639.22M 1895.13M 1784.39M 1689.47M 2007.58M
Total stockholder equity 1308.76M 1288.77M 1192.66M 1365.02M 1463.02M
Deferred long term liab - - - - -
Other current liab 116.16M 128.25M 98.07M 110.13M 155.05M
Common stock 267.48M 267.79M 230.38M 230.35M 230.10M
Capital stock 267.48M 267.79M 230.38M 230.35M 230.10M
Retained earnings 762.76M 721.53M 713.40M 872.88M 961.99M
Other liab - 153.89M 135.71M 131.02M 170.11M
Good will - - - - -
Other assets - 196.37M 174.24M 143.23M 121.75M
Cash 20.50M 49.88M 13.30M 44.20M 28.41M
Cash and equivalents - - - - -
Total current liabilities 366.07M 1178.41M 185.64M 162.95M 241.29M
Current deferred revenue 16.29M 10.76M 5.38M 9.09M 8.72M
Net debt 1209.78M 1406.97M 1450.17M 1354.71M 1572.63M
Short term debt 119.05M 894.01M 5.26M 8.26M 10.00M
Short long term debt 110.70M 882.69M - - -
Short long term debt total 1230.28M 1456.85M 1463.47M 1398.91M 1601.04M
Other stockholder equity 23.75M 23.40M 25.58M 26.52M 27.16M
Property plant equipment - 2516.92M 2512.95M 2649.70M 2855.22M
Total current assets 381.85M 470.61M 289.86M 261.56M 368.27M
Long term investments - - - 0.00000M 125.36M
Net tangible assets - 1288.77M 1192.66M 1365.02M 1463.02M
Short term investments - - - - -
Net receivables 304.54M 359.97M 227.39M 164.69M 273.77M
Long term debt 1099.65M 556.89M 1453.88M 1384.61M 1581.53M
Inventory 56.81M 60.76M 49.17M 52.68M 47.29M
Accounts payable 114.57M 145.39M 76.93M 35.47M 67.52M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 254.76M 276.05M 223.31M 235.28M 243.77M
Additional paid in capital - - - - -
Common stock total equity - - - 230.35M 230.10M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - 3102.33M
Deferred long term asset charges - - - - -
Non current assets total 2566.13M 2713.29M 2687.19M 2792.93M 3102.33M
Capital lease obligations 19.93M 17.27M 9.59M 14.30M 19.51M
Long term debt total - 562.84M 1458.21M 1390.65M 1591.05M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -121.45700M -174.58600M -50.23900M -142.08400M -375.97000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -121.45700M -174.58600M -50.23900M -142.08400M -375.97000M
Net borrowings -42.18500M 65.89M -52.21400M -120.37100M 345.50M
Total cash from financing activities -162.04500M -35.03200M -180.71300M -182.88900M 280.66M
Change to operating activities -51.99400M -12.05300M 36.71M 32.58M -73.80600M
Net income 8.49M -159.46000M -70.07100M -163.45400M 58.66M
Change in cash 36.58M -30.89300M 15.79M -56.41500M 52.45M
Begin period cash flow 13.30M 44.20M 28.41M 84.82M 32.37M
End period cash flow 49.88M 13.30M 44.20M 28.41M 84.82M
Total cash from operating activities 319.96M 178.64M 246.97M 269.57M 152.13M
Issuance of capital stock - - - - -
Depreciation 281.14M 288.19M 374.70M 363.14M 415.04M
Other cashflows from investing activities 52.94M 1.37M 0.06M 3.14M 17.73M
Dividends paid 0.00000M 0.00000M 19.57M 53.08M 75.40M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -1.75000M -1.17300M -0.96900M -1.39800M -1.04700M
Other cashflows from financing activities -46.95200M 62.52M 13.56M 2258.36M 539.50M
Change to netincome 73.89M 51.16M -96.99800M 158.08M -248.13000M
Capital expenditures 174.39M 65.25M 50.24M 136.01M 80.04M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -51.99400M -12.05300M 36.71M 32.58M -73.80600M
Stock based compensation 17.77M 6.38M -2.12100M 4.05M 0.71M
Other non cash items 80.42M 95.03M -37.32000M 56.81M -195.24400M
Free cash flow 145.57M 113.39M 196.73M 133.56M 72.09M

Peer Comparison

Sector: Energy Industry: Oil & Gas Drilling

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ESI
Ensign Energy Services Inc
0.06 1.84% 3.04 17.76 17.27 0.33 0.42 0.97 3.46
PD
Precision Drilling Corporation
2.45 2.80% 90.09 5.42 9.78 0.65 0.76 1.08 3.55
PHX
PHX Energy Services Corporation
-0.15 1.57% 9.41 6.32 7.91 0.69 2.11 0.75 3.81
WRG
Western Energy Services Corp.
- -% 2.58 - 10.81 0.41 0.31 0.87 4.43
ACX
ACT Energy Technologies Ltd.
0.02 0.33% 6.10 - 5.90 0.37 1.09 0.53 3.36

Reports Covered

Stock Research & News

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. It provides coring and oil sands drilling services to the mining, and oil and natural gas industries; directional drilling services; equipment rental services; shallow to deep well services, such as completions, abandonments, production workovers, and bottom hole pump changes for oil and natural gas producers; and interactive pressure drilling services with self-contained systems comprising nitrogen generation and compression equipment, and surface control systems. In addition, the company rents drill strings, loaders, tanks, pumps, rig mattings, blow-out preventers, waste bins, and wastewater treatment equipment for the drilling and completions segments of the oilfield industry. Further, it offers transportation and well servicing services. The company operates land drilling rigs, specialty coring rigs, and well servicing rigs. Ensign Energy Services Inc. was incorporated in 1987 and is headquartered in Calgary, Canada.

Ensign Energy Services Inc

400 ? 5th Avenue S.W., Calgary, AB, Canada, T2P 0L6

Key Executives

Name Title Year Born
Mr. Robert H. Geddes Pres, COO & Non-Independent Director 1957
Mr. Michael R. Gray Chief Financial Officer NA
Mr. Michael Rudy Nuss Exec. VP of United States Operations NA
Mr. Brent J. Conway Exec. VP of International Operations NA
Ms. Nicole Romanow Head of Investor Relations NA
Ms. Suzanne Davies VP of Legal & Corp. Sec. NA
Ms. Cathy Robinsons VP of Global HR NA
Mr. Bob Zanusso Sr. VP of Canadian Drilling NA
Mr. Wayne Kipp Sr. VP of Engineering NA
Mr. Gene Gaz Sr. VP of International East Operations for International Oilfield Services ­ East NA

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