Ensign Energy Services Stock Today
| ESVIF Stock | USD 1.75 0.03 1.69% |
Performance6 of 100
| Odds Of DistressOver 65
|
Ensign Energy is trading at 1.75 as of the 18th of April 2024. This is a -1.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.7. Ensign Energy has more than 65 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Ensign Energy Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company was incorporated in 1987 and is headquartered in Calgary, Canada. The company has 183.52 M outstanding shares. More on Ensign Energy Services
Moving against Ensign Pink Sheet
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Ensign Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ensign Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ensign Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Norman Edwards |
| Business Concentration | Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors) |
Ensign Energy Services [ESVIF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Small-Cap' category with a current market capitalization of 515.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ensign Energy's market, we take the total number of its shares issued and multiply it by Ensign Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ensign Energy Services classifies itself under Energy Equipment & Services sector and is part of Energy industry. The entity has 183.52 M outstanding shares.
Ensign Energy Services has accumulated about 38.99 M in cash with 178.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.
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Ownership AllocationEnsign Energy Services retains a total of 183.52 Million outstanding shares. Ensign Energy Services retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Ensign Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Ensign Energy jumping above the current price in 90 days from now is about 52.49%. The Ensign Energy Services probability density function shows the probability of Ensign Energy pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.3777 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ensign Energy will likely underperform. Additionally, ensign Energy Services has an alpha of 0.1268, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ensign Energy to move above the current price in 90 days from now is about 52.49 (This Ensign Energy Services probability density function shows the probability of Ensign Pink Sheet to fall within a particular range of prices over 90 days) .
Ensign Energy Services Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ensign Energy market risk premium is the additional return an investor will receive from holding Ensign Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ensign Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ensign Energy's alpha and beta are two of the key measurements used to evaluate Ensign Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.63 | |||
| Semi Deviation | 2.58 | |||
| Standard Deviation | 3.63 | |||
| Variance | 13.19 |
Ensign Stock Against Markets
Picking the right benchmark for Ensign Energy pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ensign Energy pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ensign Energy is critical whether you are bullish or bearish towards Ensign Energy Services at a given time. Please also check how Ensign Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ensign Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Ensign Energy Corporate Directors
Ensign Energy corporate directors refer to members of an Ensign Energy board of directors. The board of directors generally takes responsibility for the Ensign Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ensign Energy's board members must vote for the resolution. The Ensign Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kenneth Skirka | Independent Director | Profile | |
| Barth Whitham | Independent Director | Profile | |
| John Schroeder | Independent Director | Profile | |
| Cary Moomjian | Director | Profile |
How to buy Ensign Pink Sheet?
Before investing in Ensign Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ensign Energy. To buy Ensign Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ensign Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ensign Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ensign Energy Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ensign Energy Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ensign Energy Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ensign Energy Services?
The danger of trading Ensign Energy Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ensign Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ensign Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ensign Energy Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ensign Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Ensign Pink Sheet analysis
When running Ensign Energy's price analysis, check to measure Ensign Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ensign Energy is operating at the current time. Most of Ensign Energy's value examination focuses on studying past and present price action to predict the probability of Ensign Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensign Energy's price. Additionally, you may evaluate how the addition of Ensign Energy to your portfolios can decrease your overall portfolio volatility.
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