Ensign Energy Q2 FY26 net loss narrows 51% to C$13.05 million; revenue rises 7% to C$397.33 million

Reuters2026/08/07 09:02

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Ensign Energy Services posted Q2 2026 revenue of CAD 397.3 million, up 7% year over year.
Net loss attributable to common shareholders narrowed to CAD 13.1 million; loss per share improved to CAD 0.07.
Adjusted EBITDA (non-GAAP) rose 6% to CAD 85.8 million; funds flow from operations climbed 15% to CAD 83 million.
Net debt fell 5% to CAD 909.1 million; interest expense dropped 13% to CAD 16.1 million.
Agreed to acquire Citadel Drilling for USD 65 million; targets about CAD 60 million of debt repayments in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ensign Energy Services Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ensign Energy Q2 FY26 net loss narrows 51% to C$13.05 million; revenue rises 7% to C$397.33 million

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