Ensign Energy Services sees 9% revenue decrease and 14% EBITDA decline in Q2 2024

From Investing.com: 2024-08-04 15:18:08

9% decrease from the previous year. Adjusted EBITDA also saw a decline to $100.2 million, down 14% from the previous year. Ensign Energy Services remains optimistic about the future, focusing on debt reduction and capital investment. The company’s Edge Autopilot drilling rig technology has shown strong growth, contributing to operational efficiency and market stability.



Read more at Investing.com: Ensign Energy Services reports mixed Q2 2024 results By Investing.com