Ensign Energy Services Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 432.77 million compared to CAD 344.12 million a year ago. Net income was CAD 10.3 million compared to net loss of CAD 28.14 million a year ago. Basic earnings per share from continuing operations was CAD 0.06 compared to basic loss per share from continuing operations of CAD 0.17 a year ago. Diluted earnings per share from continuing operations was CAD 0.06 compared to diluted loss per share from continuing operations of CAD 0.17 a year ago.
For the six months, sales was CAD 916.82 million compared to CAD 676.8 million a year ago. Net income was CAD 14.54 million compared to net loss of CAD 21.55 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to basic loss per share from continuing operations of CAD 0.13 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to diluted loss per share from continuing operations of CAD 0.13 a year ago.