Enterprise Group Inc T.E

Alternate Symbol(s): ETOLF

Industrials Industrial Distribution

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.

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Enterprise Group Inc > 4 Quarter Outlook

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Comment by nozzpackon May 03, 2022 7:56pm

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Post# 34653257

RE:4 Quarter Outlook

Billions have been committed by Canadian oil companies to fulfill their ESG requirements in 2022.

Enterprise's Evolution Power subsidiary should quickly increment its revenue in 2022, reaching upwards to $ 3 million by Q4 of 2022.

Its other 3 subsidiaries , given forecast 22% increase in oil field expenditures in 2022, should reach if not exceed pre Covid sales of $7 + million in revenues in Q4 of 2022.

Thats a revenue runrate of $10 million in Q4 of 2022.

Gross margins should progressively increase to traditional levels of 45% by Q4 of 2022.

So, these are not unreasonable numbers in my opinion .

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