Service & Supply | Quarterly / Earnings Reports | Oilfield Services | Second Quarter (2Q) Update
Ensign Responds to Demand for Deeper, Longer Drilling
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Ensign Energy Services Inc. has reported its second quarter 2014 results.
Overview Revenue for the second quarter of 2014 for Ensign Energy Services Inc. was $511.6 million, 17 percent higher than revenue of $437.9 million recorded in the second quarter of 2013. Revenue for the six months ended June 30, 2014 was $1,135.8 million, 11 percent higher than revenue of $1,019.0 million for the six months ended June 30, 2013. Net income for the second quarter of 2014 increased 364 percent to $15.2 million ($0.10 per common share) compared to net income of $3.3 million ($0.02 per common share) for the second quarter of 2013. Net income for the six months ended June 30, 2014 increased 11 percent to $75.7 million ($0.50 per common share) compared to net income of $68.3 million ($0.45 per common…- ✓ Full news archive — U.S., Canada & international coverage
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