Ensign reported EBITDAS that was higher than expectations as rig and revenue mix along with cost rationalization allowed the Company to achieve stronger than expected margins. However, the outlook for the business, especially the International segment, is weaker than expected.
05 May 2015
Ensign Energy Services Inc. (ESI) Announces 1Q15 Results above Expectations, Outlook Muted
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Ensign Energy Services Inc. (ESI) Announces 1Q15 Results above Expectations, Outlook Muted
Ensign Energy Services Inc. (ESI:TSE) | 0 0 (-1.6%) | Mkt Cap: 1,063m
- Published:
05 May 2015 -
Author:
A. Mark Jackson -
Pages:
5
Ensign reported EBITDAS that was higher than expectations as rig and revenue mix along with cost rationalization allowed the Company to achieve stronger than expected margins. However, the outlook for the business, especially the International segment, is weaker than expected.