Ensign Energy Services Inc. reported a 9% decrease in Q2 2024 revenue to $391.8 million and a net loss of $4.5 million. Despite the revenue decline, the company made significant debt reductions and is on track to achieve its long-term debt reduction goals. Increased drilling activity in Canada is expected to offset challenges in the U.S. market.
Ensign Energy Services Reports Q2 2024 Financial Results: U.S. revenue down 25%
