TSX · Oil & Gas Drilling · CAD

Ensign Energy Services Inc. (ESI.TO) Stock Analysis

Ensign Energy Services Inc. (ESI.TO) is a Oil & Gas Drilling stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

ESI.TO

CA$4.26

+CA$0.04 (+0.95%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ESI.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$4.21
Previous Close: CA$4.22
Day's Range: 4.07–4.26
52-Week Range: 2.30–4.97
Volume: 509.54K
Beta: 2.00

Valuation

Market Cap: CA$785.24M
P/E Ratio: unprofitable
Forward P/E: 31.90
PEG Ratio: 1.45
P/S ratio: 0.48
EPS (ttm): −0.22

Financials (FY)

Revenue (FY): CA$1.64B−2.69%
Net Income (FY): −CA$38.76M
Profit margin: −2.44%
Shares Outstanding: 184.33M
1-Year Return: +73.88%

Dividend and dates

Earnings Date: November 6, 2026
Avg Volume: 280.04K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ESI.TO closed at CA$4.26, +73.88% over 1 year.

Ensign Energy Services Inc. (ESI.TO) has a market capitalization of CA$785.24M.

In fiscal 2025, ESI.TO reported revenue of CA$1.64B.

ESI.TO Stock Return by Calendar Year

Ensign Energy Services Inc. (ESI.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$17,388; +73.88%
5 years: CA$10,000 CA$19,814; +98.14%
10 years: CA$10,000 CA$8,007; −19.93%

If you had invested CA$10,000 in Ensign Energy Services Inc. (ESI.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$8,007 at the close on October 21, 2026: −19.93% in total, −2.20% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−60.09%+102.98%+67.72%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+67.72%
2025	−14.77%
2024	+37.33%
2023	−36.36%
2022	+102.98%
2021	+84.62%
2020	−60.09%
2019	−34.43%
2018	−19.23%
2017	−25.98%
2016 (partial year)	+25.50%

As of October 21, 2026.

ESI.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$1.64B	−CA$38.76M	−2.4%
2024	CA$1.68B	−CA$20.75M	−1.2%
2023	CA$1.79B	CA$41.24M	2.3%
2022	CA$1.58B	CA$8.13M	0.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$1.64B	CA$99.94M	CA$41.31M	−CA$38.76M	−2.4%
2024	CA$1.68B	CA$151.74M	CA$82.54M	−CA$20.75M	−1.2%
2023	CA$1.79B	CA$240.87M	CA$180.55M	CA$41.24M	2.3%
2022	CA$1.58B	CA$141.11M	CA$72.77M	CA$8.13M	0.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ESI.TO Dividend History

’16’17’18’19’20

CA$0.06−85.7% vs 2019

Dividends per share, 2020 · 1 payments

Year	Dividends per share	Payments	Change
2020	CA$0.06	1	−85.7%
2019	CA$0.42	4	−12.5%
2018	CA$0.48	4	+0.0%
2017	CA$0.48	4	+300.0%

Year	Dividends per share	Payments	Change
2020	CA$0.06	1	−85.7%
2019	CA$0.42	4	−12.5%
2018	CA$0.48	4	+0.0%
2017	CA$0.48	4	+300.0%
2016	CA$0.12	1	—

Most recent payment: CA$0.06 per share, ex-dividend March 19, 2020. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ESI.TO Valuation vs Oil & Gas Drilling Median

Median of 15 stocks

Metric	ESI.TO	Oil & Gas Drilling median	vs median
P/S ratio	0.48	0.96	50% below
Profit margin	−2.44%	−1.81%	0.6 pts below

Medians across 15 Oil & Gas Drilling stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Ensign Energy Services Inc. (ESI.TO) is capitalised at CA$785.24M on the latest close. It is classified in the Oil & Gas Drilling industry, within the Energy sector.

The 52-week range on file runs from CA$2.30 to CA$4.97. ESI.TO last closed at CA$4.26 on October 21, 2026. That is +CA$0.04 (+0.95%) against the previous close. The latest close sits 85.22% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$1.64B. Against the prior fiscal year total of CA$1.68B, that is a change of −2.69%. The same year closed with a net loss of CA$38.76M. Profit margin runs at −2.44%. That is 0.6 percentage points below the Oil & Gas Drilling median of −1.81%. Trailing earnings per share are −0.22.

Across the 4 fiscal years on file, revenue moves from CA$1.58B in 2022 to CA$1.64B in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 31.9. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.45. Measured against sales, the shares trade at 0.48 times revenue. On price-to-sales that is 50.11% below the Oil & Gas Drilling median of 0.96. The medians here are taken across 15 Oil & Gas Drilling companies that report the metric.

Beta against the wider market is reported at 2. Daily returns over the trailing 10 years annualize to a volatility of 67.21%. Over the trailing twelve months the total return is +73.88%. Across 10 years the annualized return works out at −2.20%.

Growth & Income

The dividend record for ESI.TO runs through 2020. Dividends are recorded for 5 calendar years; 2020 shows 1 payments totalling CA$0.06 a share. The year before, 2019, totalled CA$0.42 a share.

2026 is still running; the total return is +67.72% year to date. The strongest complete calendar year on file is 2022 at +102.98%; the weakest is 2020 at −60.09%. Of the 9 complete calendar years on file, 3 finished higher.

Peer Comparison

Ensign Energy Services Inc. (ESI.TO) operates in the Oil & Gas Drilling industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Ensign Energy Services Inc.	ESI.TO	CA$785.24M	—
Noble Corporation plc	NE	$7.03B	46.8
Transocean Ltd.	RIG	$6.75B	—
Valaris Limited	VAL	$6.37B	6.9

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Oil & Gas Drilling industry average P/E ratio is 13.1x. Ensign Energy Services Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Ensign Energy Services Inc.

Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally. It offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including directional, underbalanced, and managed pressure drilling; and equipment and services. The company also provides coring and oil sands drilling services to the mining, and oil and natural gas industries; directional drilling services; equipment rental services; and interactive pressure drilling services. Further, the company offers transportation and well servicing services. The company was incorporated in 1987 and is headquartered in Calgary, Canada.

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