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Ensign Energy Services Inc.

03:48 PM EST - Ensign Energy Services Inc. : said its fourth-quarter funds from operations or FFO dropped to $57.81 million or $0.38 per share from $109.55 million or $0.71 per share in the previous-year period. Net income for the quarter decreased to $22.6 million or $0.15 per share from net income of $73.8 million or $0.48 per share in the prior-year period. Adjusted net income for the quarter dipped to $21.48 million or $0.14 per share from $67.80 million or $0.44 per share in the year-ago period. Ensign Energy Services Inc. shares T.ESI are trading down $0.30 at $14.73.