Ensign Energy Services reports Q1 loss, revenue down 11% from year ago
Ensign Energy Services Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue fell 11 per cent. The oilfield services company says its net loss attributed to common shareholders amounted to $1.2 million or a penny per diluted for its first quarter compared with a profit of $4.2 million or two cents per diluted share for the first quarter of 2023. Revenue for the quarter ended March 31 totalled $431.3 million, down from $484.1 million in the same quarter l