Q: In an answer to a recent question on Market Call on Ensign Energy Services the guest stated that ESI will have free cash flow of $200 million this year which works out to be half of its market cap of about $400 million. This seems to be a pretty good situation but I feel that I must be missing something here. What is the debt and is it a concern, Is new drilling likely to gain traction over the next couple of years. What do insiders hold and are they buying. Do you have any ideas on why this stock has not really done much over the last few years.. Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Based on their last earning how do you see this companis performance and outlook.
- Ensign Energy Services Inc. (ESI)
- Obsidian Energy Ltd. (OBE)
- Andrew Peller Limited/Andrew Peller Limitee Class A Non-voting Shares (ADW.A)
- Black Diamond Group Limited (BDI)
- Real Matters Inc. (REAL)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Q: I'm down 50%+ in these positions in a registered account with a 5-7 year time horizon. Which of these would you suggest I sell and which would you consider holds? Please offer better alternatives in the same sectors for the sells. thanks!
Q: how would rank the above 3 companies and can you give a reason. dave
Q: I’m wanting to start small positions in two of the above. Will you please advise which two you prefer. Many thanks as always for your knowledge. Rob
Q: what are your view of this stock today?
Q: Can I have an update on this company and whether it will survive.Thanks
Q: Does ESI pay a dividend? Did Murray Edwards take a recent position in this company?
Q: Could I have your take on the share deal/swop contracts between Fairfax and Ensign please. Has FFH made a commitment to ESI? Thanks
Q: i was listening to bloomberg this past week. And everyone has their picks. I trust this team much more than any one on there. They gave CNE an A and ESI a B+. What would be your thoughts on these 2 companies. THANKS again
- Baytex Energy Corp. (BTE)
- Ensign Energy Services Inc. (ESI)
- Precision Drilling Corporation (PD)
- Tidewater Midstream and Infrastructure Ltd. (TWM)
- Calfrac Well Services Ltd. (CFW)
Q: Which are the 5 "most likely to go bankrupt" oil and gas companies?
Q: I have taken a bath with owning ESI.CA. Is there any concern that the company will be delisted from the TSX?
Q: Hello. What are your thoughts on Ensign Energy Services (ESI.T)? They recently had a dividend reduction after engaging in the purchase of a competitor (Trinidad Drilling). The stock has collapsed and continues on a downward spiral. Is this a good long-term (5 yrs+) investment?
I am down considerably right now, should I take my losses or average down right now? Thank you.
I am down considerably right now, should I take my losses or average down right now? Thank you.
Q: Your analysis please, do you think it will recover in 2020.
Dividend safety and is it worthy as a contrarian investment.
If not what driller would you be interested in ?
Thanks as always
Gary
Dividend safety and is it worthy as a contrarian investment.
If not what driller would you be interested in ?
Thanks as always
Gary
- Suncor Energy Inc. (SU)
- Peyto Exploration & Development Corp. (PEY)
- PrairieSky Royalty Ltd. (PSK)
- Tourmaline Oil Corp. (TOU)
- Ensign Energy Services Inc. (ESI)
- Freehold Royalties Ltd. (FRU)
Q: Good morning
As retirees, and still with a longer-term horizon, my wife and I own (and like) Suncor (integrated), Prairie Sky (no debt) and Peyto (low cost producer) for minimal risk; second, dividend income, and third, capital growth. Oil & Gas is 4% of our diversified portfolio. We plan to keep Suncor. I am considering Freehold Royalty, Tourmaline, and Ensign Energy Services as possible replacements for PSK and PEY.
Q1: Do you feel the stock price declines in the Canadian oil and gas sector represent investor capitulation?
Q2: I would appreciate your comments on the 3 stocks being considered. Would any of TOU, FRU or ESI better meet our investment objectives, compared to our current holdings, PSK and PEY?
Thank you for your advice on this.
Edward
As retirees, and still with a longer-term horizon, my wife and I own (and like) Suncor (integrated), Prairie Sky (no debt) and Peyto (low cost producer) for minimal risk; second, dividend income, and third, capital growth. Oil & Gas is 4% of our diversified portfolio. We plan to keep Suncor. I am considering Freehold Royalty, Tourmaline, and Ensign Energy Services as possible replacements for PSK and PEY.
Q1: Do you feel the stock price declines in the Canadian oil and gas sector represent investor capitulation?
Q2: I would appreciate your comments on the 3 stocks being considered. Would any of TOU, FRU or ESI better meet our investment objectives, compared to our current holdings, PSK and PEY?
Thank you for your advice on this.
Edward
- ARC Resources Ltd. (ARX)
- Vermilion Energy Inc. (VET)
- Norbord Inc. (OSB)
- Chemtrade Logistics Income Fund (CHE.UN)
- Ensign Energy Services Inc. (ESI)
Q: In 5i's opinion are the dividends on these 5 stocks sustainable and if so which 3 would 5i recommend to buy for income at the current prices.
Thank you.
Thank you.
- Ensign Energy Services Inc. (ESI)
- High Arctic Energy Services Inc. (HWO)
- Akita Drilling Ltd. Class A Non-Voting Shares (AKT.A)
Q: Looking at buying 1 of these service companies. Would appreciate an analysis of them and order of best to worst and would you buy any of them for a 12-15 month time frame.
Thanks Gary
Thanks Gary
Q: I have been watching ESI as part of my speculative portfolio. The ~8% div yield is currently unsustainable based on current earnings yet their acquisition of Trinidad at 40% of its value is somewhat compelling for future appreciation. They have indicated their plan to reduce debt and clean their financial statements yet, while the sector is negative, your opinion would be appreciated. Thank you!
Q: I’m down approx. 40%. Is the dividend safe? Should I buy, hold or sell? Thanks
Q: Is that a fair deal.Last week analyst mentioned they had good quarter and stock by year end could $2.00 Offer $1.68 roughly.what does 5i think wait & see