Enterprise Group Inc T.E

Last year financial on 2020-11-13 08:07

[jcw604]

It is 12 days from now, if history repeats.

[jcw604]

According to another poster, this is an under achieving company. It certainly is quite true for the last few years. The billion dollar question is whether they under achieve because of bad management or simply business environment in general for the oil industry. If it were the latter, they may just be starting to recover. If it were because of the management, taking over by the someone like the

[Stuckinsand]

Well according to Enterprise's website the claim of underachievement is indeed true. They reference an Alberta Venture Magazine article that they are one of Alberta's fastest growing companies. The article was written in 2014, 7 years ago. We all have had glory days however, we also have best before dates. Over the past 7 years Enterprise's management sold of more than 50% of their

[jcw604]

I think they were caught by the downturn started 2014. I agree that they were neither wise management, nor were trying hard to turn things around. They just kept their own salary without considering that they should have reduced their salaries some what in proportion with the reduction of revenue. Without pegging their salaries with the performance of the company, it is hard to be motivated.