ENSIGN ENERGY SERVICES INC. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 7.52
Dividend & YieldN/AC$ (N/A)
Beta 2.98
Market capitalization 617.44M
Operating cash flow 252.7M
ESG Scores unknown

Company description

Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services. It also provides coring and oil sands drilling services to the mining, and oil and natural gas industries; directional drilling and related services for conventional and horizontal drilling applications; shallow to deep well services, such as completions, abandonments, production workovers, and bottom hole pump changes for oil and natural gas producers; and interactive pressure drilling services with self-contained systems comprising nitrogen generation and compression equipment, and surface control systems. In addition, the company rents drill strings, loaders, tanks, pumps, rig mattings, blow-out preventers, waste bins, and wastewater treatment equipment for the drilling and completions segments of the oilfield industry. Further, the company offers transportation services. As of December 31, 2021, it operated a fleet of 262 land drilling rigs, 21 specialty coring rigs, and 100 well servicing rigs. The company was incorporated in 1987 and is headquartered in Calgary, Canada.

Sector: Energy - Industry: Oil & Gas Drilling

Financial Ratios
Quick Ratio1.3
Working Capital-1.53
Return On Equity-0.13
Debt To Equity1.22
Fixed Asset Ratio-0.15
Fixed Interest Cover-0.9

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -375.97M -142.08M -50.24M -174.59M
Net Borrowings 345.5M -120.37M -52.21M 65.89M
Total Cash From Financing Activities 280.66M -318.13M -180.71M -35.03M
Change To Operating Activities -73.81M 32.58M 36.71M -12.05M
Issuance Of Stock
Net Income 58.3M -162.91M -79.33M -159.47M
Change In Cash 52.45M -56.41M 15.79M -30.89M
Effect Of Exchange Rate -4.38M -1.01M -232k 83k
Total Cash From Operating Activities 152.13M 404.82M 246.97M 178.64M
Depreciation 415.04M 363.14M 374.7M 288.19M
Change To Account Receivables
Other Cashflows From Financing Activities 11.61M -143.29M -107.96M -99.75M
Change To Netincome -248.13M 158.08M -97M 51.16M
Capital Expenditures -80.04M -136.01M -50.24M -183.18M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 6.48M -177.9M -120.53M -194.46M
Net Income 58.3M -162.91M -79.33M -159.47M
Selling General Administrative 44.95M 55.06M 56.07M 54.23M
Gross Profit 300.53M 457.01M 278.62M 251.4M
Ebit -160.16M 34.76M -150.03M -97.39M
Operating Income -160.16M 34.76M -150.03M -97.39M
Interest Expense -52.42M -149.16M -119.26M -108.42M
Income Tax Expense -52.18M -18.8M -53.79M -38.45M
Total Revenue 1.16B 1.59B 936.82M 995.59M
Cost Of Revenue 855.82M 1.13B 658.2M 744.2M
Total Other Income ExpenseNet 166.64M -212.65M 29.51M -97.07M
Net Income From Continuing Ops 58.66M -159.09M -66.74M -156.01M
Net Income Applicable To Common Shares 58.3M -162.91M -79.33M -159.47M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.2B 2B 1.68B 1.78B
Total Stockholder Equity 1.72B 1.46B 1.37B 1.19B
Other Current Liabilities 46.04M 24.53M 25M 7.98M
Total Assets 3.99B 3.47B 3.05B 2.98B
Common Stock 206.33M 230.1M 230.35M 230.38M
Other Current Assets 18.81M 18.81M
Retained Earnings 1.19B 961.99M 872.88M 713.4M
Treasury Stock 318.29M 246.96M 238.47M 225.69M
Cash 84.82M 28.41M 44.2M 13.3M
Total Current Liabilities 671.62M 241.29M 158.53M 185.64M
Other Stockholder Equity 318.29M 246.96M 238.47M 225.69M
Property, Plant, and Equipment 3.2B 2.86B 2.65B 2.51B
Total Current Assets 515.39M 368.27M 261.56M 289.86M
Net Tangible Assets 1.72B 1.46B 1.37B 1.19B
Net Receivables 353.59M 273.77M 164.69M 227.39M
Accounts Payable 117.78M 67.52M 35.47M 76.93M


Insider Transactions

Here are the insider transactions of stock shares related to ENSIGN ENERGY SERVICES INC.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Gray (Michael)Acquisition or disposition in the public market at price 1.87 per share.I2022-09-22Senior Officer of Issuer10k
Moomjian (Cary A Jr)Conversion or exchange at price 1.38 per share.D2022-05-30Director of Issuer142.86k
Geddes (Robert Harold)Conversion or exchange at price 1.38 per share.D2022-05-30Senior Officer of Issuer114.29k
Whitham, Barth EdwardConversion or exchange at price 1.38 per share.D2022-05-30Director of Issuer2.86M
Howe (James Brian)Conversion or exchange at price 1.38 per share.D2022-05-30Director of Issuer285.71k
Edwards (Norman Murray)Conversion or exchange at price 1.38 per share.D2022-05-3010% Security Holder of Issuer11.43M
Fairfax Financial Holdings LimitedChange in nature of ownership at price 3.76 per share.I2022-05-2610% Security Holder of Issuer1.38M
Fairfax Financial Holdings LimitedChange in nature of ownership at price 3.76 per share.I2022-05-2610% Security Holder of Issuer1.38M
Fairfax Financial Holdings LimitedConversion or exchange at price 1.36 per share.I2022-04-2610% Security Holder of Issuer2.86M
Fairfax Financial Holdings LimitedConversion or exchange at price 1.36 per share.I2022-04-2610% Security Holder of Issuer3.46M
Moomjian (Cary A Jr)Acquisition or disposition in the public market at price 3.52 per share.D2022-04-13Director of Issuer142k
Geddes (Robert Harold)Acquisition or disposition in the public market at price 2.37 per share.D2022-03-18Senior Officer of Issuer13k
Haslam (Darlene Haslam)D2022-03-17Director of Issuer
Gray (Michael)Exercise of options at price 0.42 per share.D2022-03-15Senior Officer of Issuer14k
Gray (Michael)Exercise of options at price 1.22 per share.D2022-03-15Senior Officer of Issuer10k
Gray (Michael)Acquisition or disposition in the public market at price 2.29 per share.D2022-03-10Senior Officer of Issuer4k
Gray (Michael)Acquisition or disposition in the public market at price 1.76 per share.D2022-02-08Senior Officer of Issuer15.02k
Gray (Michael)Acquisition or disposition in the public market at price 1.76 per share.I2022-02-08Senior Officer of Issuer15.02k
Whitham, Barth EdwardCompensation for services at price 1.33 per share.D2021-12-31Director of Issuer8.93k
Gray (Michael)Acquisition or disposition under a purchase/ownership plan at price 1.19 per share.D2021-12-31Senior Officer of Issuer9.5k
Conway (Brent John)Acquisition or disposition under a purchase/ownership plan at price 1.19 per share.D2021-12-31Senior Officer of Issuer11.67k
Culshaw (Eldon John)Acquisition or disposition under a purchase/ownership plan at price 1.20 per share.D2021-12-31Senior Officer of Issuer16.92k
Geddes (Robert Harold)Acquisition or disposition under a purchase/ownership plan at price 1.19 per share.D2021-12-31Senior Officer of Issuer18.7k
Fairfax Financial Holdings LimitedChange in nature of ownership at price 1.29 per share.I2021-12-2910% Security Holder of Issuer1.55M
Fairfax Financial Holdings LimitedChange in nature of ownership at price 1.29 per share.I2021-12-2910% Security Holder of Issuer1.55M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ENSIGN ENERGY SERVICES INC.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ENSIGN ENERGY SERVICES INC.

Here is the result of two systematic investment strategies applied to ENSIGN ENERGY SERVICES INC.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ENSIGN ENERGY SERVICES INC.

The following chart shows the equity curve of the two systematic investment strategies applied to ENSIGN ENERGY SERVICES INC.:

ENSIGN ENERGY SERVICES INC. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 278.45% on the backtest period.

Performance at glance

Performance

278.45 %

Latent gain

4187.7 C$

Invested capital

1503.92 C$

Annualized return

67.26 %
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Momentum strategy results on ENSIGN ENERGY SERVICES INC.

This is the result of two momentum investment strategies applied to ENSIGN ENERGY SERVICES INC.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ENSIGN ENERGY SERVICES INC.

The following chart shows all the entries opened by the momentum investment system on ENSIGN ENERGY SERVICES INC.:

ENSIGN ENERGY SERVICES INC. momentum entries
  • The first momentum investment strategy would give 214.19% of return on ENSIGN ENERGY SERVICES INC.. That represents 9647.97C$ of latent gain with 4504.41C$ of employed capital.
  • The second momentum investment strategy would give 236.1% of return on ENSIGN ENERGY SERVICES INC.. That represents 5895.87C$ of latent gain with 2497.24C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

214.19 %

Latent gain

9647.97 C$

Invested capital

4504.41 C$

Annualized return

74.64 %
Performance at glance (2Q Momentum)

Performance

236.1 %

Latent gain

5895.87 C$

Invested capital

2497.24 C$

Annualized return

64.51 %

Momentum equity curve on ENSIGN ENERGY SERVICES INC.

The following chart shows the equity curve of the two momentum strategies applied to ENSIGN ENERGY SERVICES INC.:

ENSIGN ENERGY SERVICES INC. momentum equity

Note: the dividends potentially given by ENSIGN ENERGY SERVICES INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ENSIGN ENERGY SERVICES INC.

The following chart shows the employed capital evolution of the two momentum strategies on ENSIGN ENERGY SERVICES INC. since the beginning:

ENSIGN ENERGY SERVICES INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ENSIGN ENERGY SERVICES INC.

Buy the dip entry openings on ENSIGN ENERGY SERVICES INC.

ENSIGN ENERGY SERVICES INC.

The performance achieved by the robo-advisor on ENSIGN ENERGY SERVICES INC. is 159.73%. That represents 1195.4$ of latent gain with 748.41C$ of employed capital. The following chart shows ENSIGN ENERGY SERVICES INC. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ENSIGN ENERGY SERVICES INC., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

159.73 %

Latent gain

1195.4 C$

Invested capital

748.41 C$

Annualized return

74.64 %

Equity curve of the strategy applied to ENSIGN ENERGY SERVICES INC.

The following chart shows the result of the investment strategy applied to ENSIGN ENERGY SERVICES INC.:

ENSIGN ENERGY SERVICES INC.

Note: the dividends potentially given by ENSIGN ENERGY SERVICES INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ENSIGN ENERGY SERVICES INC.

The following chart shows the employed capital evolution since the beginning of the investment strategy on ENSIGN ENERGY SERVICES INC.:

ENSIGN ENERGY SERVICES INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ENSIGN ENERGY SERVICES INC.

In this section, I will compare the three previous investment strategies applied to ENSIGN ENERGY SERVICES INC..

Equity curve comparison on ENSIGN ENERGY SERVICES INC.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ENSIGN ENERGY SERVICES INC. investment strategy comparison

Employed capital comparison on ENSIGN ENERGY SERVICES INC.

ENSIGN ENERGY SERVICES INC. investment comparison

Performance comparison on ENSIGN ENERGY SERVICES INC.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 278.45% 4187.7C$ 1503.92C$ 67.26%
Momentum 1 quarter 214.19% 9647.97C$ 4504.41C$ 54.92%
Momentum 2 quarters 236.1% 5895.87C$ 2497.24C$ 64.51%
Non-directional 159.73% 1195.4C$ 748.41C$ 74.64%
Annualized return comparison

Automatic investment

67.26 %

Momentum 1Q

64.51 %

Momentum 2Q

64.51 %

Non-directional

74.64 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ENSIGN ENERGY SERVICES INC.:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between ENSIGN ENERGY SERVICES INC. and the other stocks. There may be false positives or some missing correlated stocks. If the price of ENSIGN ENERGY SERVICES INC. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ENSIGN ENERGY SERVICES INC.
Country Canada
City Calgary
Address 400 – 5th Avenue S.W.
Phone
Website www.ensignenergy.com
FullTime employees 4160
Industry Oil & Gas Drilling
Sector Energy
Exchange XTSE
Ticker ESI.XTSE
Market

ENSIGN ENERGY SERVICES INC. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown