Ensign Energy Services (ESVIF) Projected to Post Quarterly Earnings on Friday

Ensign Energy Services (OTCMKTS:ESVIF) is expected to be announcing its results before the market opens on Friday, November 6th. Analysts expect Ensign Energy Services to announce earnings of ($0.0005) per share and revenue of $327.79 million for the quarter.

Ensign Energy Services Stock Performance

ESVIF stock opened at $2.97 on Wednesday. The company’s fifty day simple moving average is $2.73 and its 200 day simple moving average is $2.65. Ensign Energy Services has a 12-month low of $1.68 and a 12-month high of $3.96.

Analysts Set New Price Targets

Separately, TD Securities raised Ensign Energy Services from a “hold” rating to a “buy” rating in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

About Ensign Energy Services

Ensign Energy Services Inc is a Canadian oilfield services company that provides contract drilling and well-servicing solutions to oil and natural gas producers. Its operations support the construction, maintenance, workover and completion of onshore wells.

The company operates a fleet of land-based drilling rigs and service rigs, along with related equipment and technical services. Its offerings include directional drilling, managed-pressure and underbalanced drilling, well servicing, and other specialized services designed to help energy companies develop and maintain producing properties.

Founded in 1987 and headquartered in Calgary, Alberta, Ensign has built an international operating presence serving customers in North America and other selected energy-producing regions.