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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 commodity16on Mar 31, 2014 9:51pm
280 Views
Post# 22393079

RE:too much negativity here

RE:too much negativity hereAgreed. One hell of a yr for Enterprise, and 2014 should dwarf last yrs growth. After the Hart earnings, combined with the healthy budget in place to buy more equipment, the earnings should really ramp up this yr, and by the sounds of things as mentioned earlier all the rental equipment apparatntly is being utilized in the Hart business, and then some. So new equipment purchased should be able to get right to work, being immediately accretitive to earnings.Should be very little wait time for return on the investment. Plus 2013 got hit pretty hard with really abnormal wet weather in many parts of Alberta where E operates in, so if 2014 is at all more normal as far as weather goes, this will also help the numbers on a yr over yr basis. Good to see they are buying up more hydrovacs as well, they are high in demand and are a very high margin business.
Bullboard Posts