Enterprise Group Stock Price, News & Analysis

Enterprise Group (OTCQB:ETOLF), a consolidator of energy services specializing in equipment and services for the energy/resource sector, has announced an upcoming investor webcast scheduled for August 20th, 2025 at 2:00 PM ET.

The corporate update will feature presentations from key executives including CEO Leonard Jaroszuk, President Desmond O'Kell, CFO Warren Cabral, and VP of Finance Doug Moak. The management team will discuss Q2 2025 results and company operations, followed by a Q&A session with investors.

Enterprise Group (OTCQB:ETOLF) has announced a new business relationship with a major Canadian oil and gas producer through its subsidiary Evolution Power Projects (EPP). The unnamed client, with a $3 billion market cap and nearly 50 years of industry experience, specializes in liquids-rich natural gas and oil assets in Western Canada.

EPP will provide natural gas power generation systems to enhance the client's operations while supporting environmental regulatory compliance. The collaboration comes as Enterprise expects increased activity in the second half of 2025, following a typical spring breakup period in the services sector.

Enterprise Group (ETOLF) held its annual and special meeting on June 12, 2025, with shareholders voting on key matters. All five director nominees were successfully elected with strong approval rates, each receiving over 96% of votes in favor. Leonard Jaroszuk received 96.1%, John Pinsent 99.87%, Desmond O'Kell 99.86%, John Campbell 98.4%, and Neil Darling 98.41% of votes. Shareholders also approved the appointment of Doane Grant Thornton LLP as auditors and passed the resolution for unallocated entitlements under the Company's Stock Option Plan with 95.29% support.

Enterprise Group reported its Q1 2025 financial results, showing a decrease in key metrics compared to Q1 2024. Revenue declined 16% to $10.3M (vs $12.3M), gross margin decreased 25% to $5.2M (vs $6.9M), and adjusted EBITDA fell 30% to $4.4M (vs $6.3M). The company maintained strong margins at 50% gross margin and 43% EBITDA. Enterprise completed a significant $20M acquisition of FlexEnergy Canada, becoming the exclusive Canadian supplier for FlexEnergy turbines. The company also secured a new lending facility with Bank of Montreal for acquisitions and capital expenditures, resulting in lower interest rates and a $1.5M settlement discount. During Q1, Enterprise invested $5.9M in capital assets, focusing on natural gas power systems and infrastructure rental fleet expansion.

Enterprise Group (ETOLF) has signed an agreement to acquire FlexEnergy Canada for CDN$20 million. The acquisition will be financed through existing cash reserves and a new credit facility. Through this strategic transaction, Enterprise will become the exclusive supplier of FlexEnergy turbines in Canada, adding 17 turbine generators to its fleet and gaining access to innovative 2.0-megawatt units.

The deal includes several long-term lease and service contracts, providing recurring revenue streams. Enterprise will acquire FlexEnergy Canada's team of specialists and its natural gas turbine technology, known for efficiency and low emissions. This acquisition positions Enterprise to address growing demand for natural gas-to-electric power solutions across Canada, particularly in remote power requirements, manufacturing, and AI data centers.

Enterprise Group (TSX: E, OTCQB: ETOLF) has announced the finalization of a $41 million senior secured credit facility with a Canadian Schedule 1 bank. The facility, bearing interest at up to prime + 2%, will support acquisitions, capital expenditures, and working capital needs.

The credit facility is secured by a first charge on all company assets and is subject to specific financial covenants. Enterprise Group, which specializes in energy services and equipment for the energy/resource sector, focuses on technologies that reduce CO2 and GHG emissions for both local and Tier One resource clients.

Enterprise Group has received approval from the Toronto Stock Exchange (TSX) to initiate a normal course issuer bid for its common shares. The company is authorized to purchase up to 5,624,649 shares, representing 10% of its public float as of March 19, 2025.

The buyback program will run from April 2, 2025 to April 1, 2026. With 77,531,187 shares currently outstanding and an average daily trading volume of 437,486 shares, Enterprise is to daily repurchases of 109,371 shares, except when using the block purchase exemption. All shares will be purchased through the TSX or alternative Canadian trading systems at prevailing market prices and subsequently cancelled.

Enterprise Group (TSX: E, OTCQB: ETOLF) reported mixed results for Q4 and FY2024. Q4 revenue decreased 19% to $7.8M from $9.6M year-over-year, with adjusted EBITDA falling 48% to $2.3M. However, full-year 2024 revenue increased 3% to $34.6M.

Key developments include a five-year exclusivity agreement with FlexEnergy Solutions for turbine applications in Alberta and BC, and a $28M capital raise in December 2024. The company repaid its bank loan facility with a $15.7M payment, including a $1.5M settlement discount.

While Q4 2024 activities were below expectations, early 2025 shows improved operations. The company invested $16.9M in capital assets, focusing on natural gas power generation equipment. Enterprise notes increasing customer demand for natural gas generators as a cleaner alternative to diesel, despite some project delays due to the Kitimat LNG plant startup postponement to mid-2025.

Enterprise Group (TSX: E, OTCQB: ETOLF), a consolidator of energy services specializing in equipment and services for the energy/resource sector, has announced it will release its 2025 fourth quarter and annual financial results on March 20, 2025.

The company focuses on technologies that help mitigate, reduce, or eliminate CO2 and Green House Gas emissions for both small local and Tier One resource clients. The financial results, along with Management's Discussion & Analysis, will be made available on Enterprise's website and SEDAR.