Latest news with #EnsignEnergyServicesInc
Cision Canada
12-05-2025
- Business
- Cision Canada
Ensign Energy Services Inc. Announces the Final 2025 Annual Meeting Board of Director Election Results
CALGARY, AB, May 12, 2025 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") (TSX: ESI) is pleased to announce the results of the election of directors held at the Company's annual meeting on May 9, 2025. Each of the nominee directors listed in the Company's management information circular dated March 28, 2025 was elected as a director. The results of the voting for each individual director are set forth below: All other matters put before the meeting passed, including the non-binding, advisory vote on the Corporation's approach to executive compensation. Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world's top land-based drilling and well servicing contractors serving crude oil, natural gas and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment and well servicing. Please visit our website at Ensign's Common Shares are publicly traded though the facilities of the Toronto Stock Exchange under the trading symbol ESI. SOURCE Ensign Energy Services Inc.
Yahoo
12-05-2025
- Business
- Yahoo
Ensign Energy Services Inc. Announces the Final 2025 Annual Meeting Board of Director Election Results
CALGARY, AB, May 12, 2025 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") (TSX: ESI) is pleased to announce the results of the election of directors held at the Company's annual meeting on May 9, 2025. Each of the nominee directors listed in the Company's management information circular dated March 28, 2025 was elected as a director. The results of the voting for each individual director are set forth below: Name of Nominee Votes For % For Votes Withheld % Withheld Donna Carson 121,381,089 99.91 % 110,042 0.09 % Gary W. Caswell 118,264,329 97.34 % 3,226,802 2.66 % N. Murray Edwards 118,733,918 97.73 % 2,757,213 2.27 % Robert H. Geddes 120,474,738 99.16 % 1,016,393 0.84 % Darlene J. Haslam 121,381,889 99.91 % 109,242 0.09 % Len O. Kangas 118,125,633 97.23 % 3,365,498 2.77 % Karl A. Ruud 120,817,857 99.45 % 673,274 0.55 % Barth E. Whitham 121,303,365 99.85 % 187,766 0.15 % All other matters put before the meeting passed, including the non-binding, advisory vote on the Corporation's approach to executive compensation. Ensign is a global leader in oilfield services, headquartered out of Calgary, Alberta, operating in Canada, the United States and internationally. We are one of the world's top land-based drilling and well servicing contractors serving crude oil, natural gas and geothermal operators. Our premium services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment and well servicing. Please visit our website at Ensign's Common Shares are publicly traded though the facilities of the Toronto Stock Exchange under the trading symbol ESI. SOURCE Ensign Energy Services Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
12-05-2025
- Business
- Hamilton Spectator
Ensign Energy Services reports Q1 profit compared with a loss a year ago
CALGARY - Ensign Energy Services Inc. reported a profit in its latest quarter compared with a loss a year ago as its revenue edged up. The oilfield services company says its net income attributable to common shareholders amounted to $3.7 million or two cents per diluted share for the quarter ended March 31. The result compared with a loss of $1.2 million or a penny per diluted share in the same quarter last year. Revenue for the first quarter of 2025 was $436.5 million, up from $431.3 million a year earlier. The company's drilling operations reported 7,924 operating days for the quarter, down from 8,205 a year earlier, while its well servicing business recorded 36,519 hours in the quarter, down from 38,177 in the same quarter last year. Ensign says its funds flow from operations amounted to 52 cents per diluted share for its latest quarter, down from 59 cents per diluted share in the first quarter of 2024. This report by The Canadian Press was first published May 12, 2025. Companies in this story: (TSX:ESI)
Winnipeg Free Press
12-05-2025
- Business
- Winnipeg Free Press
Ensign Energy Services reports Q1 profit compared with a loss a year ago
CALGARY – Ensign Energy Services Inc. reported a profit in its latest quarter compared with a loss a year ago as its revenue edged up. The oilfield services company says its net income attributable to common shareholders amounted to $3.7 million or two cents per diluted share for the quarter ended March 31. The result compared with a loss of $1.2 million or a penny per diluted share in the same quarter last year. Revenue for the first quarter of 2025 was $436.5 million, up from $431.3 million a year earlier. The company's drilling operations reported 7,924 operating days for the quarter, down from 8,205 a year earlier, while its well servicing business recorded 36,519 hours in the quarter, down from 38,177 in the same quarter last year. Ensign says its funds flow from operations amounted to 52 cents per diluted share for its latest quarter, down from 59 cents per diluted share in the first quarter of 2024. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. This report by The Canadian Press was first published May 12, 2025. Companies in this story: (TSX:ESI)
Yahoo
06-04-2025
- Business
- Yahoo
Ensign Energy Services President Acquires 2.6% More Stock
Whilst it may not be a huge deal, we thought it was good to see that the Ensign Energy Services Inc. (TSE:ESI) President, Robert Geddes, recently bought CA$109k worth of stock, for CA$2.17 per share. However, it only increased their shares held by 2.6%, and it wasn't a huge purchase by absolute value, either. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In fact, the recent purchase by President Robert Geddes was not their only acquisition of Ensign Energy Services shares this year. Earlier in the year, they paid CA$2.90 per share in a CA$146k purchase. That means that an insider was happy to buy shares at above the current price of CA$1.97. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Happily, we note that in the last year insiders paid CA$483k for 190.09k shares. On the other hand they divested 60.00k shares, for CA$175k. In total, Ensign Energy Services insiders bought more than they sold over the last year. They paid about CA$2.54 on average. I'd consider this a positive as it suggests insiders see value at around the current price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! View our latest analysis for Ensign Energy Services Ensign Energy Services is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Ensign Energy Services insiders own about CA$99m worth of shares. That equates to 27% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of Ensign Energy Services we think they are probably pretty confident of a bright future. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future . If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
