Brief: Ensign Energy Services Reports Qtrly Loss Per Share C$0.18

Ensign Energy Services

11/05/2020 10:20

May 11 (Reuters) - Ensign Energy Services Inc  ESI.TO :
    * ENSIGN ENERGY SERVICES INC REPORTS 2020 FIRST QUARTER
RESULTS
    * Q1 LOSS PER SHARE C$0.18
    * Q1 REVENUE C$383.9 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
C$375.8 MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE C$-0.16 -- REFINITIV IBES
DATA
    * CO FURTHER REDUCING ITS 2020 BUDGETED NET CAPITAL
EXPENDITURES
TO $50 MILLION, DOWN 50 PERCENT
    * DUE TO CURRENT BUSINESS ENVIRONMENT, SUSPENDED ITS
QUARTERLY
DIVIDEND
    * ENSIGN ENERGY SERVICES - CO HAS AND WILL CONTINUE TO
REDUCE
GENERAL AND ADMINISTRATIVE EXPENSES, LARGELY AS A RESULT OF
COMPENSATION REDUCTIONS

Source text for Eikon:  ID:nCNWCGqbSa 
Further company coverage:  ESI.TO 

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