Ensign Energy Services Reports Decline in Q2 2025 Financials Amid Debt Reduction Efforts

Ensign Energy Services ( (TSE:ESI) ) has provided an update.

Ensign Energy Services reported a decrease in revenue and adjusted EBITDA for the second quarter of 2025 compared to the same period in 2024. The company experienced a net loss attributable to common shareholders, with significant reductions in funds flow from operations and interest expenses due to lower debt levels. Despite these challenges, Ensign is on track to meet its debt reduction target by the end of 2025, having already repaid a substantial amount of debt. The operating highlights indicate a mixed performance across different regions, with a slight increase in Canadian and U.S. drilling days but a notable decrease in international drilling and U.S. well servicing hours.

The most recent analyst rating on (TSE:ESI) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Ensign Energy Services stock, see the TSE:ESI Stock Forecast page.

Spark’s Take on TSE:ESI Stock

According to Spark, TipRanks’ AI Analyst, TSE:ESI is a Neutral.

Ensign Energy Services’ overall score reflects a balance between operational efficiencies and cash flow management against persistent net losses and valuation challenges. The earnings call and recent corporate events provide supportive elements, but the negative P/E and industry-specific challenges weigh on the score.

To see Spark’s full report on TSE:ESI stock, click here.

More about Ensign Energy Services

Ensign Energy Services Inc. operates in the energy sector, primarily focusing on drilling and well servicing. The company provides its services across Canada, the United States, and internationally, catering to the oil and gas industry.

Average Trading Volume: 118,184

Technical Sentiment Signal: Sell

Current Market Cap: C$399M

For detailed information about ESI stock, go to TipRanks’ Stock Analysis page.