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ENTERPRISE GROUP INC - ETOLF STOCK NEWS

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Enterprise Group Inc. (ETOLF) is a consolidator of energy services, providing specialized equipment rental to the energy/resource sector. The company focuses on technologies that reduce CO2 and Greenhouse Gas emissions for small to Tier One clients. In FY2023, Enterprise achieved record net income and Adjusted EBITDA, showcasing significant growth. The Q1 2024 results continued the positive trend, with increased revenue, gross margin, and EBITDA. Enterprise aims to expand its fleet of low emission mobile power systems to meet the growing demand for cleaner energy solutions.

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Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) has announced a strategic exclusivity agreement with FlexEnergy Solutions, a globally recognized turbine manufacturer. The five-year agreement positions Enterprise's subsidiary, Evolution Power Projects (EPP), as the sole provider of short-term turbine and microturbine applications across all commercial and industrial sectors in Alberta and British Columbia.

This partnership allows EPP to exclusively supply cutting-edge, efficient turbine units for temporary power needs in these key Canadian markets. The agreement also includes a reciprocal referral arrangement between EPP and FlexEnergy Solutions, enhancing customer service and ensuring clients receive the most effective energy solutions.

Enterprise Group CEO Leonard Jaroszuk stated that this agreement represents a significant milestone in their strategic growth initiatives, strengthening their market position as a comprehensive energy solutions provider.

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Enterprise Group, Inc. (TSX:E)(OTCQB:ETOLF), a consolidator of energy services specializing in equipment rental to the energy/resource sector, will present at the Planet MicroCap Showcase: VANCOUVER 2024 on Thursday, September 26, 2024 at 3:00 PM PST. The event is in association with Small Cap Discoveries.

Leonard D. Jaroszuk, Chairman & CEO, and Desmond O'Kell, President & Director, will host the presentation and answer questions. Investors can access the live webcast at 6:00 PM Eastern Time. The company will also participate in 1x1 meetings at the Fairmont Waterfront Vancouver.

Enterprise Group emphasizes technologies that mitigate, reduce, or eliminate harmful emissions for small local and Tier One resource clients. Interested parties can register for the event and book meetings through the provided links.

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Enterprise Group (TSX: E) (OTCQB: ETOLF) reported strong Q2 2024 results, with significant growth in revenue, gross margin, and EBITDA. Revenue for Q2 2024 increased 41% to $7,707,282, while gross margin grew 98% to $3,318,336. Adjusted EBITDA saw a 138% increase to $2,651,694. The company's performance was driven by favorable market conditions in the energy sector and increasing demand for natural gas power generation systems. For the first half of 2024, Enterprise generated cash flow from operations of $10,635,184 and invested $9,685,061 in capital assets. The company also completed a private placement, raising $6,999,197. Enterprise announced leadership changes, with Desmond O'Kell becoming President and Director, while Leonard D. Jaroszuk continues as Chairman and CEO.

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Enterprise Group announced the results of its annual meeting held on June 13, 2024. The meeting included the election of directors and the appointment of auditors. Directors Leonard Jaroszuk, John Pinsent, Desmond O'Kell, John Campbell, and Neil Darling were elected with strong support, receiving over 90% of votes in favor. Grant Thornton LLP was appointed as the company's auditors by a show of hands.

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Enterprise Group announced on May 15, 2024, that it has added a new Tier One petroleum producer client. This client is one of Canada's largest and focuses on maximizing production efficiency, reducing environmental impact, and delivering shareholder value. Enterprise will supply low-emission mobile power systems to support the client's operations, which span globally, including Western Canada. This addition enhances Enterprise's portfolio, which now includes over 20 Tier One clients. The client's commitment to sustainability aligns with Enterprise's focus on CO2 and greenhouse gas reduction technologies.

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Enterprise Group, a leading provider of energy services and specialized equipment rentals focusing on CO2 and Greenhouse Gas emission reduction technologies, will host an investor webcast on May 16th, 2024. The presentation will feature key company executives reviewing first-quarter results and operations. Interested parties can register in advance for the webinar to engage with the speakers.

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Enterprise Group, Inc. (OTCQB: ETOLF) announces strong Q1 2024 results, showing revenue of $12,326,288, gross margin of $6,896,344, and adjusted EBITDA of $6,337,853. The company experienced growth in revenue, gross margin, and EBITDA, reflecting increased customer activity and demand for natural gas power generation systems. The cash flow from operations increased to $5,659,666, allowing the company to acquire capital assets and expand operations. Enterprise closed a private placement, raising $6,999,197 to expand its fleet of rental equipment with low emission systems. The company did not repurchase shares but has a book value of $0.88 per share and available tax losses of $0.12 per share.

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Enterprise Group, Inc. (ETOLF) announces a collaboration with Treaty 8 First Nation's Economic Development Company to expand business opportunities in energy services and low emission power solutions. The partnership aims to advance environmental stewardship, emission reduction, and industry progress in Northeastern BC and Northwestern Alberta.
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Enterprise Group, Inc. (ETOLF) reports strong financial performance in Q4 2023 and FY2023 with record net income and adjusted EBITDA. The company focuses on energy services and technologies to reduce CO2 emissions, benefiting from industry trends and increased capital spending in the energy sector.
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Enterprise Group, Inc. (ETOLF) released its Q4 2023 and FY 2023 unaudited results, showing a 10% revenue increase in Q4 and a 25% increase for the fiscal year. The company's aggressive growth plans aim to reduce greenhouse gases and enhance shareholder value through share buybacks. Despite a challenging second quarter, the 2023 fiscal year is the strongest in recent history.
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FAQ

What is the current stock price of ENTERPRISE GROUP (ETOLF)?

The current stock price of ENTERPRISE GROUP (ETOLF) is $1.7199 as of October 15, 2024.

What is the market cap of ENTERPRISE GROUP (ETOLF)?

The market cap of ENTERPRISE GROUP (ETOLF) is approximately 96.3M.

What does Enterprise Group Inc do?

Enterprise Group Inc is a consolidator of energy services, specializing in providing equipment rental to the energy/resource sector with a focus on reducing CO2 and Greenhouse Gas emissions.

What were the notable achievements of Enterprise Group Inc in FY2023?

Enterprise Group Inc achieved record net income and the highest Adjusted EBITDA since transitioning to specialized equipment rental in FY2023.

What were the key highlights of Enterprise Group Inc's Q1 2024 results?

The Q1 2024 results showed increased revenue, gross margin, and EBITDA, reflecting the company's continued growth.

What is Enterprise Group Inc's focus for future growth?

Enterprise Group Inc aims to expand its fleet of low emission mobile power systems to meet the rising demand for cleaner energy solutions.

How does Enterprise Group Inc contribute to reducing emissions?

Enterprise Group Inc focuses on providing technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas emissions for its clients in the energy/resource sector.

What sets Enterprise Group Inc apart in the industry?

Enterprise Group Inc's commitment to delivering value through technological advancements, efficiency, and environmental sustainability distinguishes it in the energy services sector.

How does Enterprise Group Inc plan to sustain growth and profitability?

Enterprise Group Inc remains focused on strategic decision-making, industry trends, and customer needs to ensure sustained growth and profitability.

What recent partnerships or projects has Enterprise Group Inc been involved in?

Enterprise Group Inc recently announced a Memorandum of Understanding to collaborate on projects within the Treaty 8 Territory, showcasing its commitment to environmental stewardship and technological advancement.

How does Enterprise Group Inc engage with its shareholders and customers?

Enterprise Group Inc aims to create value for shareholders, partners, and local communities through strategic partnerships, expansion plans, and innovative solutions.

What is the long-term vision of Enterprise Group Inc?

Enterprise Group Inc is dedicated to providing environmentally responsible power systems and generators to industrial clients, fostering sustainable practices and advancing industry progress.

ENTERPRISE GROUP INC

OTC:ETOLF

ETOLF Rankings

ETOLF Stock Data

96.31M
35.91M
39.38%
0.14%
Oil & Gas Equipment & Services
Energy
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United States of America
St. Albert