Buy, Sell or Hold: Ensign Resource Service Group (ESI-T)

TSE:ESI

2.25

0.04 (1.81%) 1d

Showing 1 to 15 of 170 entries

DON'T BUY

Liquidity is a challenge. They do not have sufficient volume. If you are bullish on oil is to go through small cap oil plays.

oil / gas

PAST TOP PICK

(A Top Pick May 19/20, Up 78%) He would buy it again. It is probably only half way back to where it should be. It has significant upside. As production declines as they generate significant cash they should move to increased drilling activity.

oil / gas

TOP PICK

This stock is only half way back to where it should get to because oil and gas prices are higher now than before the pandemic. (Analysts’ price target is $1.71)

oil / gas

BUY

He continues to see upside in it. It has a large debt load. Once this negative sentiment passes this company can go up. He is buying it.

oil / gas

HOLD

Stock has completely collapsed. Rebounded a bit and may continue if oil prices goes up. Hypercheap stocks like this are a bit of a gamble. If you've already taken a big loss, hang in and see what happens.

oil / gas

TOP PICK

Natural gas prices are stronger and drilling activity is picking up now. It is at the same price as 6 months ago.

oil / gas

DON'T BUY

Won't buy it. The oil sector is in severe distress. No pricing power now in oil. Oil is oversupplied. Nobody is drilling in the west or even Texas. This is a trader's stock, at best. Steer clear. Don't even short it.

oil / gas

DON'T BUY

On March 31, they reported that debt rose--109% debt-to-equity. A big problem: there's little activity in oil drilling and likely won't pick up until Q4. So, no reason to go after this stock. Nice bounce since the March low, but the next few quarterly reports will be horrible and their balance sheet is a problem. ESI needs higher oil prices, which he expects in Q4 at the earliest.

oil / gas

BUY on WEAKNESS

Despite being up 100% over the last few weeks, it is not back to where it was in January, so there is more upside. The book value also suggests upside. You could buy some today or wait for a pullback.

oil / gas

TOP PICK

There's been serious insider buying recently, something he always likes in stocks, $2 million worth. They do carry a lot of debt which concerns the market and is pressuring the stock. One third of operations are in drilling for natural gas, less than 20% is in troubled Canadian oil, and has operations in the U.S., Australia, Argentina, Iran and Kuwait. They have positive cash flow. ESI can hold their prices with more discipline than the rest of the oil/gas industry. (Analysts’ price target is $0.71)

oil / gas

DON'T BUY

It is paying a 17+% dividend because it used to be double the valuation. Don't expect that dividend rate to remain. He suspects it will be cut.

oil / gas

DON'T BUY

It has an outrageous dividend. They are cheap on a price to cash flow basis and trades at .27 times book value. He would not own it and worries the dividend may not be sustainable. Yield 18%

oil / gas

WAIT

$0.62 is his target price. Little good news here. The dividend should be cut and write-offs need to happen. Wait till their November earnings before pulling the trigger.

oil / gas

DON'T BUY

The only one he likes in this sector is Secure Energy Services. Companies are trying to figure out their activity levels and this will determine how equipment will move between Canada and the US. This is one he would not be buying right now.

oil / gas

DON'T BUY

It has a decent balance sheet but some operations are in difficult places. It is a high beta stock and will do well when the cycle turns. The company has some assets that are going to under-perform for some time to come. There are more attractive names.

oil / gas

Showing 1 to 15 of 170 entries

Ensign Resource Service Group(ESI-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

Stockchase rating for Ensign Resource Service Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ensign Resource Service Group(ESI-T) Frequently Asked Questions

What is Ensign Resource Service Group stock symbol?

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

Is Ensign Resource Service Group a buy or a sell?

In the last year, 4 stock analysts published opinions about ESI-T. 2 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.

Is Ensign Resource Service Group a good investment or a top pick?

Ensign Resource Service Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Ensign Resource Service Group.

Why is Ensign Resource Service Group stock dropping?

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.

Is Ensign Resource Service Group worth watching?

4 stock analysts on Stockchase covered Ensign Resource Service Group In the last year. It is a trending stock that is worth watching.

What is Ensign Resource Service Group stock price?

On 2021-10-20, Ensign Resource Service Group (ESI-T) stock closed at a price of $2.25.

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