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Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.


TSX:E - Post by User

Bullboard Posts
Comment by Jackroyon Nov 28, 2013 12:27am
149 Views
Post# 21948888

RE:RE:RE:RE:RE:Last qtr's rental performance

RE:RE:RE:RE:RE:Last qtr's rental performanceThank you MJH.  The rental business is very difficult and basically gives you a rental return - which is not great.  If you want to grow the business - you have to continue to invest capital.  Depreciation is a real expense in a rental business.  Again, this is what Artic Therm is, but they do have this big BTU truck -  that if they can get busy - can generate better than rental equipment returns.

I did see the a break down of the EONE business somewhere and it lost money in the quarter.  I will try to find the information.
Bullboard Posts