TSE:ESI

Ensign Resource Service Group (ESI.TO)

3.42
+0.07 (2.09%)
as of Jul 16, 2026, 8:00:00 pm Market Open.
139 watching
0
Investor Insights
star iconJul 16, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Ensign Resource Service Group (ESI-T) has received mixed reviews from experts regarding its current valuation and performance. While it has rallied 30%, some experts believe it remains undervalued given its pre-pandemic market cap of $400 million, despite having paid down significant debt of $500 million. There are concerns about its remaining $600 million debt, with suggestions that paying this off could further enhance its stock value. Moreover, reinstating dividends could attract more investors and reflect positively on its financial health. Overall, while there are indicators of optimism for ESI-T, the prevailing caution focuses on its debt levels and the need for continued financial improvement.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Undervalued
review icon
Similar
CNR,CTC
TOP PICK
(A Top Pick Jun 15/05. Up 9%.) An alternative to the straight oil and gas stocks. The drilling industry is doing extremely well. A stock you should own if you want to be in the energy industry. They'll have a long and happy run. Would buy more under $30.
PAST TOP PICK
(A Top Pick May 12/05. Up 15%.) All oil service companies such as Ensign (ESI-T), Precision (PD-T), Trinidad (TDG.UN-T) and Wellco (WLL.UN-T) are doing extremely well. Had a very wet spring which tied up some of the rigs and could affect the earnings. Would look to buy under $30. Still good value.
TOP PICK
(A Top Pick March 10/05. Up 11%.) A good way to be diversified in the oil/gas sector on a broader sense. One of the best in service companies. Coal bed methane will require a huge amount of drilling. They will be making money for the next 3/4 years easily.
BUY
Looks good right now. Not overly bullish on oil and gas, but expects this will become Canada's top drilling company which would give them a premium valuation. Starting to get some traction on some of their non-Canadian drilling rigs.
TOP PICK
In general, he likes the oils which very recently have started a new major upleg. Good price and should have a good upside potential. The technical breakdown point would be $26/27.
TOP PICK
If you believe in the oil/gas, particularily the gas side, should have a service stock in their portfolio. Good management. Will continue strong even if the price of oil goes back to $35 because the supply of gas in North America has hit some very finite limits.
TOP PICK
(A Top PIck Mar 10/05. Up 1%.) Hoping on the current market weakness it will pull back a little, say under $26 or even $24 if it gets down there. They have their day rates up and are building more rigs and the demand is huge. It will remain huge for years and years. Now a growth industry rather than a cyclical industry.
TOP PICK
Likes it at under $25. Drilling stocks continue to be undervalued and underloved. The risk is that the sector is running out of decent crews.
PAST TOP PICK
(A Top Pick Feb 1/05. Down 7.5%) It had a correction the same as the rest of the oils. Not worried.
BUY
In general, he likes the servicers and the drillers. A way to play the whole commodity story without taking so much of a specific risk on properties and the development of them. This one trades in line with its peers. Has expanding free cash flow. Trading at a discount to US comparables.
DON'T BUY
Drilling in Canada is sort of a duopoly between this and Precision Drilling (PD-T). An exceptionally well run company. Stunning free cash flow. The problem is the drilling cycle, so far, has a record number of wells looking like another record being set. The stock reflects that. Historically juniors have just thrown money at the drillers, but are more disciplined now. Would rather play the producers than the drillers.
TOP PICK
Good management. Hands on guys. Probably buying it today.
TRADE
Thinks the market is trying to walk the stock up. He's going to look into it, ask next week.
TOP PICK
All the drilling companies have had big runs, and probably need a little rest. They should be part of everyone's portfolio. Would buy on pull- backs. Day rates are going up and their rigs are being utilized. Have had good drilling weather. Should show some good earnings growth. Coal bed methane requires lots of wells, so there should be a lot of drilling in future.
BUY
A very attractive name. The drillers and service companies are one way to not have specific risks. Reasonablt valued with very little debt.
Showing 136 to 150 of 196 entries