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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 particular emphasis on systems and technologies that mitigate, reduce, or eliminate carbon dioxide 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 construction industries. The Company provides oilfield infrastructure site services and rentals. Its rental fleet includes patent-pending efficient modular designs that provide its competitive advantage. It designs, manufactures, and assembles its modular/combo equipment, including fuel, generator, light stand, sewage treatment, medic, security and truck trailer combos, or when required, subcontracts manufacturing to local suppliers. It also provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and industrial sectors.


TSX:E - Post by User

Bullboard Posts
Comment by Moneyday0on Feb 26, 2015 8:04am
217 Views
Post# 23466993

RE:Yikes, Richie Bros. auction, 34 vacume trucks sold today.

RE:Yikes, Richie Bros. auction, 34 vacume trucks sold today. Good- great opportunity for enterprise to pick up trucks. Though they do prefer new ones and they have a bunch on order. Remember, their business was so great they were and are still renting over 1/3 of their trucks. Investors forget - companies are reducing NEW capital expenditures. 2015 and early 2016 are already booked. That should be long enough to affect supply (the current problem with oil). Then as soon as price picks up - well just watch the cash get put back to work in a hurry - and everyone knows the demand will outpace existing inventory of equipment of all the ENTERPRISE and like companies creating increased returns as companies anti up more and more dollars to get access to the equipment that will be in short supply. This industry doesn't turn on a dime and contracts are negotiated well in advance. Again, imagine all oil/gas companies wanting to get drilling all at the same time - not enough equipment to handle so enterprise will be well positioned. Then of course their tunneling and other ventures. Not bad!
Bullboard Posts