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Weekly 52-Week Low (or 52-Week High): ARE-T, NA-T, BNE-T, JOY-T and More 52-Week Highs and Lows (Oct 30-Nov 05)Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)This summary was created by AI, based on 8 opinions in the last 12 months.
Ensign Resource Service Group (ESI-T) has been described as a volatile stock with a strong revenue potential and consistent free cash flow. The company has reported strong first quarter results and is expected to continue generating significant free cash flow, which it plans to utilize for debt repayment and potential share buybacks. However, concerns have been raised regarding the company's debt issue and its lagging performance compared to other service names in the industry.
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
From its recent results there is investor concern over whether they can pay down $200 million in debt that they had planned to do this year but management says they can. Total debt is $600 million. With a $500 million market cap, its free cash flow yields 40% and it trades at a decent value today.
It anticipated $200 million in free cash flow and achieved this. It is reflected in the price so he would hold back on new buying.
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 has been a very volatile stock. The price is lower than a few years ago even though the debt situation is better now along with higher natural gas and oil prices. Analysts are targeting a price increase of 125% over the next 12 months.
Sideways looking pattern. Hard to predict future of stock. Doesn't seem to be going anywhere. If fails $2.00 mark, could be more downside. 5/10 rating.
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.
Service names have been strong, but this one has lagged. Debt issue. Leading edge rates are falling in US and Canada. Better opportunities in oil names.
He first bought it at 50 cents and it has had a bumpy ride through the years. It is now trading at an attractive yield with a $400 million value and $200 million in free cash flow this year. This gives it a very good 2 X free cash flow multiple. It will likely be using this cash to pay down debt.
It recently reported its best best first quarter since 2014 and is on track for its first positive year since then, even though it acquired a lot more debt. At $2 per share the market is valuing it at 400 million. It expects to have 200 million in free cash flow this year so it would be trading at 2X free cash flow. With this money it could buy back half its shares in one year or pay a very large dividend of perhaps $0.50 per share. However the company is planning to pay back debt which is good since it will increase the equity value. Buy 5 Hold 4 Sell 0
(Analysts’ price target is $4.81)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, 6 stock analysts published opinions about ESI-T. 4 analysts 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.
6 stock analysts on Stockchase covered Ensign Resource Service Group In the last year. It is a trending stock that is worth watching.
On 2024-11-11, Ensign Resource Service Group (ESI-T) stock closed at a price of $3.02.
Will hold it. ESI is a play on them lowering their $600 million of debt, and they are on target.