Related posts
Nervous markets await NvidiaThis summary was created by AI, based on 7 opinions in the last 12 months.
Ensign Resource Service Group, represented by the symbol ESI-T, is navigating a challenging environment marked by tariff uncertainties impacting the oil and gas service sector. Despite these hurdles, the company is on an aggressive debt repayment trajectory, having already paid down $400 million of its $600 million total debt. Analysts highlight that ESI is expected to remain operationally robust, with half of its rigs located in the U.S., contributing to a diversified income stream. As the company progresses towards its debt repayment goals, investors anticipate potential increases in stock value, particularly as cash flow improves with reduced leverage. The general sentiment leans towards optimism given the combination of solid debt management and a recovering market backdrop.
It is paying down debt at $200 million per year and is half-way through the process of paying off the total of $600 million. When debt is paid off and it is generating $200 million excess capital it can use this capital for dividends and share buybacks. As they approach this point we should see the stock price increase. It is worth about $450 million today. Buy 7 Hold 2 Sell 0
Still likes it. Has a price-free cash flow ratio of 2. Revenues depend on commodity prices, but the Oil Patch has become much more stable. They continue to pay down debt, so down the road can raise the dividend. Shares are down because sentiment to oil services is negative, and the company carries debt.
It is in the energy services business.There has been a big drop in the rig count in the U.S. However the number of uncompleted holes is at a ten year low so new drilling will be needed. Also the price of natural gas is recovering. It is generating $200 million in free cash flow this year and the market cap is $400 million.
Ensign Resource Service Group is a Canadian stock, trading under the symbol ESI-T on the Toronto Stock Exchange (ESI-CT). It is usually referred to as TSX:ESI or ESI-T
In the last year, 4 stock analysts published opinions about ESI-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ensign Resource Service Group.
Ensign Resource Service Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Ensign Resource Service Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Ensign Resource Service Group In the last year. It is a trending stock that is worth watching.
On 2025-05-22, Ensign Resource Service Group (ESI-T) stock closed at a price of $1.88.
A small-cap energy service stock caught in challenging times. Carries a lot of debt.