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ESVIF - Ensign Energy Services: Rapid Debt Reduction Makes The Stock Appealing
Ensign Energy Services Inc
2025-06-18 10:30:00 ET
Introduction
Ensign Energy Services ( ESI:CA ) ( ESVIF ) is a service provider to the oil and natural gas sector in [predominantly] the USA and Canada, where about 85% of its land drilling rigs are located. Additionally, the company also owns specialty coring rigs and well servicing rigs. Last year, the USA represented approximately 50% of the company’s revenue (in Canadian Dollars) with Canada accounting for approximately 30%. ...