-
Significant control over Ensign Energy Services by individual investors implies that the general public has more power to influence management and governance-related decisions
-
The top 25 shareholders own 47% of the company
-
27% of Ensign Energy Services is held by insiders
We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
To get a sense of who is truly in control of Ensign Energy Services Inc. (TSE:ESI), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 54% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
While insiders who own 27% came under pressure after market cap dropped to CA$441m last week,individual investors took the most losses.
In the chart below, we zoom in on the different ownership groups of Ensign Energy Services.
View our latest analysis for Ensign Energy Services
TSX:ESI Ownership Breakdown October 12th 2025
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
We can see that Ensign Energy Services does have institutional investors; and they hold a good portion of the company’s stock. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It’s therefore worth looking at Ensign Energy Services’ earnings history below. Of course, the future is what really matters.
TSX:ESI Earnings and Revenue Growth October 12th 2025
Hedge funds don’t have many shares in Ensign Energy Services. Norman Edwards is currently the company’s largest shareholder with 23% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 15% and 2.2%, of the shares outstanding, respectively. In addition, we found that Robert Geddes, the CEO has 1.1% of the shares allocated to their name.
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
It seems insiders own a significant proportion of Ensign Energy Services Inc.. It has a market capitalization of just CA$441m, and insiders have CA$120m worth of shares in their own names. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.
The general public — including retail investors — own 54% of Ensign Energy Services. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions.
It’s always worth thinking about the different groups who own shares in a company. But to understand Ensign Energy Services better, we need to consider many other factors.
I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.