Ensign Energy Services Inc. · TSX:ESI
Ensign Energy Services — Q2 2026 Earnings Presentation
14 slides from Ensign Energy Services's earnings presentation, Aug 7, 2026
Slide 1: Investor Presentation Summer 2026
INVESTOR PRESENTATION Summer 2026
Slide 2: Forward-looking Statements
Forward-looking Statements Disclaimer & Advisory This presentation contains forward-looking statements based upon current expectations that involve several business risks and uncertainties. These statements are not guarantees of future performance and are subject to certain risks and the user should
Slide 3: Our Global Reach
Our Global Reach Technically advanced, performance driven global onshore drilling and well servicing contractor 8 3,500+ $2.7 B $1.1 B 1.1 Yrs. 171 85 COUNTRIES PERSONNEL ASSETS FORWARD CONTRACT AVERAGE CONTRACT DRILLING RIGS SERVICE RIGS REVENUE TENURE Revenue Fleet Distribution Distribution DRILLI
Slide 4: Full market coverage in Canada – Drilling & Well Services
Full market coverage in Canada – Drilling & Well Services Diverse fleet spec to suit diverse basins across the WCSB 76 CANADIAN MARKET High Utilization of our high-spec Drill Rigs in the most active and economic Canadian plays (Montney, Duvernay, Mannville, Charlie Lake, Clearwater and Viking) G
Slide 5: Strategically Positioned in US – Drilling & Well Services
Strategically Positioned in US – Drilling & Well Services With the right rigs and professional highly trained crews for the right basins 70 UNITED STATES MARKET 70 high-spec drill rigs, built for purpose and basin specific NIOBRARA High concentration of drill rigs in the active Permian basin GRA
Slide 6: Strong International Exposure
Strong International Exposure High-Spec assets on longer term contracts WA / NT Over half of the marketed international fleet is under term contract1 QUEENSLAND CSG VENEZUELA MIDDLE EAST 9 Rigs 3 Rigs AUSTRALIA 25 1000 – 3600 HP 1000 – 1500 HP AUSTRALIA One of the most diverse drilling contracto
Slide 7: Incremental Revenue Streams
Incremental Revenue Streams Integrated business models COMPLEMENTARY HIGH MARGIN BUSINESSES Drilling Automation Technologies through deployment of Ensign Edge Autopilot Rig Automation platform DRILLING AUTOMATION Proprietary Directional Mud Motor supplier MPD rig integrated solutions Rentals
Slide 8: Leading Edge Technology
Leading Edge Technology Enhancing profitability and commercial models through innovation Highline Low cost, high value, and high margin drilling solutions Adaptable to any AC rig BESS Easily customized to basin specifics and individual customer needs Opportunities for collaboration with best-in-clas
Slide 9: Introducing Ensign's Digital Twin
i “Introducing — -. ENSIGN’S DIGITAL TWIN Conditional Monitoring Dashboard to give rig users “smart” alarms and equipment health states. Combined operational and sensor data drive a regression model to predict asset health (0-100%). Low health scores trigger a classification model to identify faults
Slide 10: Driving Strong Financial Performance
Driving Strong Financial Performance Revenue EBITDA Free Cash Flow1 $500 $200 $2,000 $1,800 $450 $180 $1,600 $400 $160 $1,400 $350 $140 $1,200 $300 $120 Millions (CAD) Millions (CAD) Millions (CAD) $1,000 $250 $100 $800 $200 $80 $600 $150 $60 $400 $100 $40 $200 $50 $20 $0 $0 $0 2021 2022 2023 2024 2
Slide 11: Driving Debt Reduction
Driving Debt Reduction Decreasing Interest Expense $35 2023-2026 H1 debt reduction target of $600 mm1 $30 Interest expense declined 23% year-over-year2 $25 Millions (CAD) $20 $15 Reducing Net Debt $10 $5 $1,800 $- $1,600 23-Q1 23-Q2 23-Q3 23-Q4 24-Q1 24-Q2 24-Q3 24-Q4 25-Q1 25-Q2 25-Q3 25-Q4 26-Q1 $
Slide 12: Market Strengths
Market Strengths Disciplined Capital Expenditures Forward Contract Book • 2026 maintenance Capex is expected to increase with the • Across global operations, approximately $1.1Bn in uptick in rig activity while remaining in line on a budgeted contracted revenue per operating day basis with additiona
Slide 13: Enduring Value Proposition
Enduring Value Proposition Creating upside for customers and investors TECHNOLOGY Enhancing profitability through innovation and advanced LEADERSHIP technologies BALANCED Positioned to deliver in any PORTFOLIO environment in key basins FLEET TEAM POSITIONING worldwide Advanced, Professional In the r
Slide 14: Ensign Energy Services Inc.
ENSIGN ENERGY SERVICES INC. 400 –400 5 Ave 5 Ave SW, SW Calgary, Calgary, AB0L6 AB, T2P T2P 0L6 403.262.1361 403.262.1361 www.ensignenergy.com | ESI.TO www.ensignenergy.com ir@ensignenergy.com ESI.TO
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