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CALGARY, AB, May 12, 2025 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") (TSX: ESI) is pleased to announce the results of the election of directors held at the Company's annual meeting on May 9, 2025. Each of the nominee directors listed in the Company's management information circular dated March 28, 2025 was elected as a director. The results of the voting for each individual director are set forth below:
CALGARY, AB, May 12, 2025 /CNW/ -
FIRST QUARTER HIGHLIGHTS
Revenue for the first quarter of 2025 was $436.5 million, a one percent increase from the first quarter of 2024 revenue of $431.3 million.Revenue by geographic area:Canada - $152.0 million, 35 percent of total;United States - $205.8 million, 47 percent of total; andInternational - $78.7 million, 18 percent of total.Adjusted EBITDA for the first quarter of 2025 was $102.4 million, a 13 percent decrease from Adjusted EBITDA of $117.5 million for the first quarter of 2024.Funds flow from operations for the first quarter of 2025 decreased 11 percent to $96.6 million from $108.4 million in the first quarter of the prior year.Net income attributed to common shareholders for the first quarter of 2025 was $3.7 million, up from net loss attributed to common shareholders of $1.2 million for the first quarter of 2024.CALGARY, AB, April 21, 2025 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") is scheduled to release its first quarter 2025 results before the markets open on Monday, May 12, 2025. A conference call and webcast has been scheduled for 10:00 AM MST (12:00 PM EST) on Monday, May 12, 2025.
The conference participant call-in numbers are as follows:
US/Canada Dial-In #: 1 (888) 510-2154 or
CALGARY, AB, April 15, 2025 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") announced today an amendment to its Credit Facility, demonstrating its ongoing commitment to prudent financial management and enhanced liquidity. The available borrowings under the Credit Facility were originally scheduled to be reduced by $75.0 million on June 30, 2025. The Company has had the terms of its Credit Facility amended so that there will be a phased reduction of $25.0 million on June 30, 2025, $25.0 million on September 30, 2025, and $25.0 million on December 31, 2025. This reduction plan will bring the available borrowings under the Credit Facility to the final size of $700.0 million at December 31, 2025.
CALGARY, AB, March 7, 2025 /CNW/ -
2024 HIGHLIGHTS
The Company's fourth quarter and year-end 2024 results reflect the Company's commitment to cash flow generation, continued debt repayments, and the ability to leverage the Company's operational geographic footprint.Revenue for 2024 was $1,684.2 million, a six percent decrease from 2023 revenue of $1,791.8 million.Revenue amounts and percentage of total by geographic area:Canada - $496.5 million, 29 percent;United States - $839.9 million, 50 percent; andInternational - $347.8 million, 21 percent.Adjusted EBITDA for 2024 was $450.1 million, an eight percent decrease from Adjusted EBITDA of $490.2 million for 2023.Funds flow from operations for 2024 decreased six percent to $436.2 million from $464.9 million in the prior year.Net loss attributed to common shareholders for 2024 was $20.8 million, down from net income attributed to common shareholders of $41.2 million from the prior year.CALGARY, AB, Feb. 14, 2025 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") is scheduled to release its fourth quarter and year-ended 2024 results before the markets open on Friday, March 7, 2025. A conference call and webcast has been scheduled for 10:00 AM MST (12:00 PM EST) on Friday, March 7, 2025.
The conference participant call in numbers are as follows:
US/Canada Dial-in #: (888) 510-2154 or
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CALGARY, AB, Dec. 31, 2024 /CNW/ - Ensign Energy Services Inc. ("Ensign" or the "Corporation") (TSX: ESI) is pleased to announce the closing of a non-brokered private placement (the "Offering") of unsecured, subordinated convertible debentures of the Corporation (the "Debentures"), for gross proceeds of CAD $25 million. The Debentures bear interest from the date of closing at 7.50% per annum, payable semi-annually in arrears, on April 1 and October 1 of each year, with the first payment of interest due on April 1, 2025. The Debentures will mature on January 31, 2029 (the "Maturity Date").
CALGARY, AB, Nov. 1, 2024 /CNW/ -
FINANCIAL HIGHLIGHTS
(Unaudited, in thousands of Canadian dollars, except per common share data)
Three months ended September 30
Nine months ended September 30
2024
2023
% change
2024
2023
% change
Revenue
$ 434,617
$ 444,405
(2)
$ 1,257,716
$ 1,361,227
(8)
Adjusted EBITDA 1
119,049
117,295
1
336,727
361,235
(7)
Adjusted EBITDA per common share 1
Basic
$0.65
$0.63
3
$1.83
$1.96
(7)
Diluted
$0.64
$0.63
2
$1.82
$1.95
(7)
Net income (loss) attributable to common shareholders
5,268
(5,229)
nm
(538)
9,314
nm
Net income (loss) attributable to commonshareholders per common share
Basic
$0.03
$(0.03)
nm
$0.00
$0.05
(99)
Diluted
$0.03
$(0.03)
nm
$0.00
$0.05
(99)
Cash provided by operating activities
103,201
105,566
(2)
323,481
376,911
(14)
Funds flow from operations
116,914
119,596
(2)
323,602
354,651
(9)
Funds flow from operations per common share
Basic
$0.64
$0.65
(2)
$1.76
$1.93
(9)
Diluted
$0.63
$0.65
(3)
$1.75
$1.92
(9)
Total debt, net of cash
1,066,356
1,246,041
(14)
1,066,356
1,246,041
(14)
Weighted average common shares - basic (000s)
183,781
183,786
—
183,969
183,917
—
Weighted average common shares - diluted (000s)
184,467
184,614
—
184,642
185,148
—
CALGARY, AB, Oct. 11, 2024 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") is scheduled to release its third quarter 2024 results before the markets open on Friday, November 1, 2024. A conference call and webcast has been scheduled for 10:00 AM MST (12:00 PM EST) on Friday, November 1, 2024.
The conference participant call in numbers are as follows:
US/Canada Dial-in #: (888) 510-2154 or