Ensign Resource Service Group

ESI-T

TSE:ESI

2.17
0.12 (5.24%)
Ensign Energy Services Inc. is a Canadian company that provides oilfield services for the North American and international market. Founded in 1987, Ensign has its headquarters located in Calgary, Alberta.
More at Wikipedia

Analysis and Opinions about ESI-T

Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
May 17, 2021
(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.
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(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.
Teal Linde
Price
$1.050
Owned
Yes
TOP PICK
TOP PICK
May 17, 2021
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)
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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)
Teal Linde
Price
$1.050
Owned
Yes
BUY
BUY
December 21, 2020
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.
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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.
Teal Linde
Price
$0.930
Owned
Yes
HOLD
HOLD
November 18, 2020
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.
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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.
Ross Healy
Price
$0.700
Owned
Unknown
TOP PICK
TOP PICK
November 16, 2020
Natural gas prices are stronger and drilling activity is picking up now. It is at the same price as 6 months ago.
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Natural gas prices are stronger and drilling activity is picking up now. It is at the same price as 6 months ago.
Teal Linde
Price
$0.530
Owned
Yes
DON'T BUY
DON'T BUY
July 7, 2020
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.
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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.
Brian Madden
Price
$1.000
Owned
No
DON'T BUY
DON'T BUY
June 23, 2020
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.
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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.
Josef Schachter
Price
$1.290
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
June 22, 2020
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.
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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.
Teal Linde
Price
$1.290
Owned
Unknown
TOP PICK
TOP PICK
May 19, 2020
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)
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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)
Teal Linde
Price
$0.510
Owned
Yes
DON'T BUY
DON'T BUY
November 11, 2019
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.
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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.
DON'T BUY
DON'T BUY
November 1, 2019
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%
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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%
Jason Mann
Price
$2.680
Owned
No
WAIT
WAIT
October 15, 2019
$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.
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$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.
Brian Acker, CA
Price
$2.850
Owned
Unknown
DON'T BUY
DON'T BUY
January 9, 2019
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.
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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.
DON'T BUY
DON'T BUY
June 18, 2018

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.

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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.

Josef Schachter
Price
$5.900
Owned
Unknown
COMMENT
COMMENT
May 1, 2018

This stock compares to Trinidad Drilling (TDG-T) and both are on his coverage list. He likes what he sees out of Ensign. It has $740 million debt versus $1.7 billion of equity. Their book value is $10.77 and the stock trades at $6. They have a very big presence in the United States. Of $1 billion in 2017 revenue, $459 billion came from the US, $262 from Canada and the rest international. They’re in the Middle East and in Mexico and Venezuela. Venezuela adds some risk to the stock. He is hoping to add coverage on weakness.

Show full opinionHide full opinion

This stock compares to Trinidad Drilling (TDG-T) and both are on his coverage list. He likes what he sees out of Ensign. It has $740 million debt versus $1.7 billion of equity. Their book value is $10.77 and the stock trades at $6. They have a very big presence in the United States. Of $1 billion in 2017 revenue, $459 billion came from the US, $262 from Canada and the rest international. They’re in the Middle East and in Mexico and Venezuela. Venezuela adds some risk to the stock. He is hoping to add coverage on weakness.

Josef Schachter
Price
$6.110
Owned
Unknown
Showing 1 to 15 of 169 entries

Ensign Resource Service Group(ESI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 6

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, 6 stock analysts published opinions about ESI-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Teal Linde on 2021-05-17. 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?

6 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 2021-06-22, Ensign Resource Service Group (ESI-T) stock closed at a price of $2.17.