Ensign Energy Services Inc.

• Ensign cites slow vaccination pace in Canada for poor drilling recovery versus U.S.

  The president of Ensign Energy Services blames the federal government's COVID-19 vaccine distribution plan in part for a poor recovery in its activity in Canada.

  Money

  May 10, 2021
  
• Ensign Energy Services reports Q3 net loss of $36M on 60% less revenue

  The president of Ensign Energy Services Inc. says activity is beginning to pick up in the North American oil and gas drilling sector after grinding to deep lows earlier this year due to low oil prices.

  Money

  Nov 5, 2020
  
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• Ensign Energy Services suspends quarterly dividend reports $29.3M Q1 loss

  One of Canada's biggest drilling companies will cut its dividend and further reduce spending as a deep downturn in North American oil and gas exploration continues to weigh on the oilfield services sector.

  Economy

  May 11, 2020
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• Ensign Energy Services reports Q4 loss compared with a profit a year ago

  Ensign Energy Services says it lost $71.6 million in its latest quarter compared with a profit of $154.8 million in the same quarter a year earlier.

  Canada

  Mar 9, 2020
• Ensign Energy Services reports $37.8-million third-quarter loss

  Ensign Energy Services cut its dividend in half due to what it said was prevailing industry conditions as it reported a third-quarter loss of $37.8 million.

  Canada

  Nov 12, 2019
• Oil price jump linked to Saudi Arabian attacks sparks energy stock rally

  Higher oil prices spurred by an attack on Saudi Arabian oil facilities boosted the Canadian energy sector on Monday but are expected to result in higher fuel prices for consumers.

  Economy

  Sep 16, 2019
• Calgary-based Ensign Energy shares fall as 2nd-quarter net loss exceeds forecasts

  Shares in Ensign Energy Services fell by as much as 6.8 per cent after it reported a second-quarter net loss of $31.7 million.

  Canada

  Aug 6, 2019
• Ensign shares jump as driller reports lower loss, higher revenue in 3rd quarter

  Shares in Ensign Energy Services Inc. closed about eight per cent higher at $5.49 Monday after it reported a smaller loss in its third quarter compared with a year ago, while revenue grew 17 per cent.

  Money

  Nov 5, 2018
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• Precision Drilling buying Trinidad Drilling in friendly deal valued at $1 billion

  Two of Canada's largest oil and gas drillers have agreed to combine in a deal worth about $1.03 billion, positioning them to have the third-largest contract drilling fleet in the United States.

  Money

  Oct 5, 2018