May 14, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Ensign Energy Services (Calgary, Alberta), an oil and gas exploration services provider, benefited from increased drilling activity among its Canadian clients in the first quarter of 2025. While depressed natural gas prices somewhat hindered activity in the U.S., Ensign expects its operations there to "modestly improve" in the near term. Industrial Info is tracking more than US$5.4 billion worth of oil and gas drilling projects featuring Ensign's services, more than 75% of which is attributed to projects in Alberta. In a quarterly earnings-related press release, Ensign said last year's completion of the Trans Mountain Pipeline expansion fueled strong first-quarter results for its Canadian business. Other companies featured: TC Energy Corporation (NYSE:TRP), Tourmaline Oil Corporation, Whitecap Resources Incorporated, ARC Resources Limited and Jonah Energy LLC
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