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Ensign Energy Services (TSE:ESI) reported higher second-quarter revenue and adjusted EBITDA as operating activity increased across Canada, the United States and international markets, while the company continued to reduce debt and prepared to close its acquisition of Citadel Drilling Ltd. Revenue f
Ensign Energy Services Inc. ("Ensign") is pleased to announce that it, through a subsidiary, has entered into an agreement with the shareholders of Citadel Drilling Ltd. ("CDL") for Ensign to acquire, subject to certain closing conditions, all of the issued and outstanding shares of CDL (the "Transaction") for consideration of US$65 million (subject to closing adjustments). Ensign will be funding the purchase price with cash on hand and available Credit Facilities.
Several bullish analysts have lifted their price targets on Ensign Energy Services by CA$0.25, while the core fair value estimate sits at CA$4.29 with no change in the latest update. These moves are being framed as tweaks to keep models aligned with recent company and sector information rather than a shift in the overall thesis. This helps you see how sentiment is being recalibrated. Read on to see what these incremental target changes might mean for your own view and how to keep track as the...
Aktuelle Schlagzeilen Dritter zu diesem Unternehmen, getrennt von Makklers eigener Redaktion und mit Verlinkung zum Herausgeber. Für die Richtigkeit ist der jeweilige Herausgeber verantwortlich.