Ensign Energy Services (TSE:ESI) had its price objective upped by TD Securities from C$8.50 to C$10.00 in a research note published on Tuesday morning.

A number of other analysts also recently issued reports on the company. CIBC lifted their price objective on Ensign Energy Services from C$8.00 to C$9.00 in a research note on Tuesday, January 23rd. GMP Securities boosted their target price on Ensign Energy Services from C$7.50 to C$8.00 in a research report on Thursday, January 18th. Citigroup cut their target price on Ensign Energy Services from C$8.00 to C$7.00 in a research report on Friday, November 17th. Canaccord Genuity cut their target price on Ensign Energy Services from C$7.50 to C$7.25 in a research report on Tuesday, November 7th. Finally, BMO Capital Markets reissued a market perform rating and set a C$8.50 target price on shares of Ensign Energy Services in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Ensign Energy Services currently has an average rating of Hold and an average price target of C$8.38.

Shares of Ensign Energy Services (TSE ESI) opened at C$7.44 on Tuesday. Ensign Energy Services has a 12 month low of C$5.95 and a 12 month high of C$9.54. The stock has a market capitalization of $1,170.00, a P/E ratio of -7.91 and a beta of 0.72.

Ensign Energy Services (TSE:ESI) last released its quarterly earnings data on Wednesday, November 8th. The company reported C($0.23) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.12) by C($0.11). Ensign Energy Services had a negative return on equity of 8.73% and a negative net margin of 14.78%.

The business also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Wednesday, December 20th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 6.45%. The ex-dividend date of this dividend was Tuesday, December 19th. Ensign Energy Services’s dividend payout ratio is currently -51.06%.

In related news, insider Michael Gray bought 5,232 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were purchased at an average price of C$7.45 per share, with a total value of C$38,978.40. Also, Director Gail Donelda Surkan acquired 33,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were acquired at an average price of C$6.03 per share, with a total value of C$198,990.00.

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About Ensign Energy Services

Ensign Energy Services Inc is a Canada-based company engaged in the business of providing oilfield services to the oil and gas industry in Canada, the United States and internationally. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid (frac flowback) services.

Analyst Recommendations for Ensign Energy Services (TSE:ESI)

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