ENGlobal Corp. (ENG): A Top Engineering Firm, With a Growing ENGlobal Corp. (ENG): A Top Engineering Firm, With a Growing Market, Called Undervalued
ENGlobal Corporation, a Houston-based automation systems engineering company, is known worldwide for the design of state-of-the-art plant automation systems. Although serving a number of markets, the company is perhaps best known for their support of the energy industry, and therein lies a remarkable fact. Although the energy industry has been hit with challenges like never before, ENGlobal has not only managed to remain financially strong, returning to profitability while so many other energy related companies have suffered, it has grown technologically, developing sophisticated automation solutions that are now critical to an industry under pressure to reduce costs and grow operational efficiencies. ENG is expected to benefit significantly from the growing demand for energy infrastructure upgrades.
With operations in Texas, Colorado, Alabama, and Oklahoma, servicing projects worldwide, ENGlobal’s focus is on EPCM (Engineering, Procurement, Construction Management), and automation.
For the upstream, midstream, and downstream energy industries, the ENGlobal’s EPCM segment supports:
• Consulting Services
• Construction Management
• Mechanical Integrity
• In-Plant Staffing
• Quality Assurance
• Plant Asset Management
In addition, the company’s Government Services group in the EPCM segment specializes in the turnkey installation and maintenance of automation and instrumentation systems for the U.S. defense industry worldwide, providing engineering, design, and installation, as well as operation and maintenance, of various government, public sector, and international facilities.
On the Automation side, ENGlobal provides design, assembly, programming, installation, integration and servicing, of process control, analytical, and heat tracing systems for specific applications in the energy and processing related industries. They also perform fabrication and implementation of process distributed control and analyzer systems, advanced automation, and related information technology services.
Although ENGlobal is consistently ranked as one of the top engineering design firms, serving a growing market, with a superior performance and financial record, a recent Seeking Alpha article (https://seekingalpha.com/article/3431716-englobal-is-a-great-deep-value-micro-cap-energy-play) says they are undervalued, and states that ENGlobal offers long-term investors an “enormous long-run upside,” with “a potential to make at least a 220% return in 3 years.”
For more information on the company, visit www.ENGlobal.com
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