Ensign Energy Services reports Q3 loss, revenue down from year ago

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CALGARY - Ensign Energy Services Inc. reported a loss in its latest quarter, compared with a profit a year ago, as its revenue fell five per cent.

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Hey there, time traveller!
This article was published 07/11/2025 (269 days ago), so information in it may no longer be current.

CALGARY – Ensign Energy Services Inc. reported a loss in its latest quarter, compared with a profit a year ago, as its revenue fell five per cent.

The oilfield services company posted a $3.3-million loss attributable to common shareholders or two cents per diluted share for the quarter ended Sept. 30.

The result compares with a profit of $5.3 million or three cents per diluted share in the same quarter last year.

The Ensign Energy Services Inc. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, Ensign Energy Services Inc. *MANDATORY CREDIT*
The Ensign Energy Services Inc. logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, Ensign Energy Services Inc. *MANDATORY CREDIT*

Revenue totalled $411.2 million, down from $434.6 million a year ago.

The company says its Canadian oilfield services revenue totalled $129.7 million, down from $131.0 million a year ago; revenue from its U.S. operations totalled $217.3 million, up from $216.2 million in the same quarter last year.

Ensign’s international oilfield services business saw $64.2 million in revenue for the quarter, down from $87.4 million a year ago.

This report by The Canadian Press was first published Nov. 7, 2025.

Companies in this story: (TSX:ESI)

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