Enterprise Group Inc (E)

Enterprise Group Announces Proposed Name Change to Evolution PowerX Corp.May 26, 2026 7:30 AM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - May 26, 2026) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) ("Enterprise" or the "Company") is pleased to announce that it intends to change its corporate name to Evolution PowerX Corp., subject to shareholder approval at its upcoming Annual and Special Meeting to be held on June 25th 2026. The proposed name change marks an important step in the Company's strategic transformation into a leading provider of distributed natural gas turbine power generation, microgrid systems, and integrated power infrastructure solutions across Canada and other industrial markets.Over the past several years, the Company has deliberately expanded its power-focused operations through its subsidiaries and branded platforms, including Evolution Power Projects and Evolution Power Solutions. Management believes the proposed corporate identity better reflects the Company's accelerating growth profile, expanding customer demand, and significant long-term opportunity within the distributed power and energy infrastructure sector."The proposed transition to Evolution PowerX Corp. reflects both the direction of our business and the market opportunity ahead of us," said Leonard D. Jaroszuk, Chairman & CEO. "Our legacy site infrastructure and rental operations remain valuable, cash-generating businesses. However, the growth rate, scalability, and market demand within our power solutions platform are increasingly becoming the primary drivers of the Company's future."The Company is experiencing growing demand for natural gas turbine power generation and integrated microgrid solutions across drilling operations, completions activity, production facilities, remote industrial sites, flare gas utilization, and prime power applications. Management believes this demand is still in the early stages of a broader market shift, as industrial customers increasingly seek reliable, cost-effective, lower-emission alternatives to conventional diesel power.By delivering solutions that can improve power reliability, reduce fuel costs, support emissions reduction, and enhance operational efficiency, the Company believes it is well positioned to capture a larger share of the rapidly expanding distributed energy market.Management also believes the proposed name change may enhance investor recognition and improve valuation alignment as the Company continues to transition from a traditional energy services profile toward a higher-growth power solutions and energy infrastructure platform."As our power division becomes a larger contributor to revenue, EBITDA, asset deployment, and future growth, we believe the Company should increasingly be evaluated as a power solutions and energy infrastructure business," said Desmond O'Kell, President & Director. "Evolution PowerX Corp. better reflects the scale of our ambition, the strength of our platform, and the markets we intend to serve."The Company's shares will continue to trade under the symbol "E" following the name change. The Company will provide further updates regarding the effective date of the name change once it is finalized.About Enterprise Group, Inc.
Enterprise Group is a consolidator of energy services and specialized equipment focused primarily on power systems, energy infrastructure, and complementary site infrastructure solutions supporting the energy, resource, industrial, and infrastructure sectors. The Company's evolving power platform is focused on natural gas turbine generation, distributed power systems, and integrated microgrid solutions designed to improve reliability, reduce emissions, and displace diesel-based generation systems. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President & Director

Enterprise Group Announces Results for the First Quarter 2026May 14, 2026 8:00 AM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - May 14, 2026) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment and services to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2 and Green House Gas (GHG) and other harmful emissions for small local and Tier One resource clients, is pleased to announce its Q1 2026 results.
Three months
March 31,
2026
Three months
March 31,
2025
Revenue$12,003,053
$10,328,085
Gross margin$6,094,75351%$5,175,34350%Adjusted EBITDA(1)$5,427,28945%$4,415,85543%Adjusted EBITDA(1) per share - Basic$0.07
$0.06
Adjusted EBITDA(1) per share - Diluted$0.07
$0.05
Income before tax$3,148,560
$3,721,671
Net income and comprehensive income$2,408,724
$2,977,898
Earnings per share - Basic $0.03
$0.04
Earnings per share - Diluted$0.03
$0.04
 (1) Identified and defined under "Non-IFRS Measures".Activity levels continued to increase in the first quarter of 2026, supported by sustained strong growth in the Alberta market. Revenue for the three months ended March 31, 2026, was $12,003,053 compared to $10,328,085 in the prior period, an increase of $1,674,968 or 16%. Gross margin for the three months ended March 31, 2026, was $6,094,753 compared to $5,175,343 in the prior period, an increase of $919,410 or 18%. Adjusted EBITDA for the three months ended March 31, 2026, was $5,427,289 compared to $4,415,855 in the prior period, an increase of $1,011,434 or 23%. During the quarter, Enterprise repurchased and cancelled 717,300 of its outstanding common shares at an average purchase price of $1.22 per share. Management feels the share price is not reflective of the true value of the Company and will continue to support its share price when reasonable to do so. As such, On April 2, 2026, the Company renewed its normal course issuer bid.During the quarter a combined total of 1,932,500 warrants and broker warrants were exercised resulting in net proceeds of $1,838,402 with 1,500 warrants expiring on March 11, 2026, unexercised. Originally issued on March 12, 2024, exercising of 5,003,801 warrants, broker warrants and broker options combined for net proceeds to the company of $4,720,942 over the lifetime of the issuance.On May 1, 2026, The Company purchased property consisting of land and buildings in Whitecourt, Alberta for $3,150,000. The property was acquired using cash proceeds from the sale of its Acheson Alberta properties and operational cashflow. The new Whitecourt location will be used as the base for Evolution Power Project's Alberta operations, allowing the company to better serve the expanding power generation activity in the Province.The prior period results were positively impacted by a $1,125,000 gain associated with a negotiated settlement discount on the closing of the Company's previous debt facility. This gain did not impact gross margin or adjusted EBITDA but did increase income before tax and earnings per share by $0.01.Enterprise Group, President and Director, Desmond O'Kell, comments, "The Company's business development strategies continue to generate new client opportunities, with customers successfully adopting its turbine power generation technology to support improved reliability, lower fuel costs, operational cost savings, and enhanced operating efficiency. Based on growing engagement from both existing and new customers, along with increasing repeat activity, the Company expects this momentum to continue as adoption of its power solutions expands across multiple applications and industries."About Enterprise Group, Inc.
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 CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available on the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca.For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President & Director

Enterprise Group Announces Canada's First Fully Powered Drilling Operation Utilizing Natural Gas TurbinesApril 27, 2026 9:13 AM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - April 27, 2026) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) ("Enterprise" or the "Company"), a consolidator of specialized equipment and services to the energy, resource, and industrial sectors, is pleased to announce a significant operational milestone through its power division, Evolution Power Projects ("EPP"), with the successful deployment of Canada's first drilling operation powered by multiple synchronized natural gas/fuel gas turbine generators.This marks the first known Canadian operator to mobilize and synchronize natural gas turbine generators to deliver primary power for an active drilling operation, including direct support of the drilling rig itself. The system is currently powering an 80-day, four-well pad drilling program, delivering approximately 1 MW of reliable, mobile, and continuous power.With the exception of the rig's hydraulic system, all onsite operations are powered by the operator's own fuel gas through EPP's microgrid infrastructure. This includes the drilling rig, lighting, multiple mobile building structures, centrifuge systems, and other miscellaneous surface equipment.The project has now progressed beyond the halfway point with zero shutdowns or downtime, demonstrating the reliability, efficiency, and scalability of Enterprise's turbine-powered microgrid solution. All performance metrics and equipment are monitored remotely, providing centralized visibility and control over both gas consumption and power usage.The operational and economic benefits are substantial. The system is displacing approximately 7,000 litres of diesel fuel per day, generating expected savings of more than $200,000 by the completion of the drilling pad. In addition, the significant reduction in diesel consumption materially lowers emissions and associated carbon tax exposure.Further benefits include approximately 50% less noise compared to traditional diesel reciprocating engine generators, improving conditions for both nearby residents and onsite personnel. The solution also eliminates diesel trucking, refueling labor, routine generator maintenance, fuel spillage risk, diesel theft, and on-site fuel handling requirements."This project is a major validation of our natural gas turbine power platform and demonstrates the practical, economic, and environmental advantages of replacing diesel generation at remote industrial sites," said Desmond O'Kell, President of Enterprise. "Industrial operators seek greater control over cost, emissions, and uptime, our ability to deliver scalable, self-generated power solutions continues to position Enterprise at the forefront of this transition."Enterprise continues to expand its turbine-powered microgrid offerings across drilling, completions, production, mining, construction, utilities, and data center applications, with a growing number of Tier One customers adopting natural gas power solutions to displace traditional diesel power generation.Evolution Power Projects continues to expand its presence across Western Canada by delivering mobile and semi-permanent natural gas power solutions tailored to industrial operational requirements. EPP's Concept-to-Completion approach provides clients with system design, deployment, commissioning, and ongoing support, enabling reliable power delivery while supporting emissions reduction and long-term sustainability objectives.About Enterprise Group, Inc.Enterprise Group, Inc is a consolidator of services, including specialized natural gas power generation equipment to the energy/resource and industrial sectors. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2, Greenhouse Gas (GHG) and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available on the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:For questions or additional information, please contact:
Leonard Jaroszuk, CEO & Chairman, or
Desmond O'Kell, President & Director
780-418-4400
contact@enterprisegrp.caForward Looking InformationCertain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements in this news release including, without limitation, the anticipated use of proceeds and opportunities available to the Company. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR+ website www.sedarplus.ca) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294350
Original: Enterprise Group Announces Canada's First Fully Powered Drilling Operation Utilizing Natural Gas Turbines

Enterprise Group Announces Renewal of Normal Course Issuer BidMarch 30, 2026 11:13 AM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - March 30, 2026) - Enterprise Group, Inc. (TSX: E) ("Enterprise" or the "Company") announces that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to renew its normal course issuer bid to purchase outstanding common shares of the Company ("Shares") on the open market in accordance with the rules of the TSX. The Company is authorized to purchase up to 5,754,150 Shares under the normal course issuer bid, representing 10% of its public float, as of March 20, 2026. As of that date, there were 81,893,776 Shares issued and outstanding. The average daily trading volume of the Shares for the six months ended February 28, 2026, calculated in accordance with the rules of the TSX, was 144,747 Shares. Enterprise is subject to a daily repurchase limit of 25% of such volume, being 36,186 Shares, except where such purchases are made in accordance with the block purchase exemption under TSX rules.Enterprise intends to commence the normal course issuer bid effective April 2, 2026 and continue the bid until April 1, 2027 or such earlier time as the bid is completed or terminated at the option of the Company. All Shares purchased under this bid will be purchased in the open market through the facilities of the TSX or alternative Canadian trading systems at the prevailing market price at the time of such transaction. Shares acquired under the bid will be cancelled. During the past 12 months (to March 20, 2026), the Company has purchased an aggregate of 1,266,500 Shares (of a maximum of 5,624,649) at a weighted average price of $1.31 per Share.Enterprise's Board of Directors has authorized the normal course issuer bid as it is believed that the purchase of the Shares pursuant to the normal course issuer bid is in the best interest of shareholders as the Shares may become available at prices that make an attractive investment and appropriate use of the Company's funds.About Enterprise Group, Inc.
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 CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President & Director

Enterprise Group Announces Results for the Fourth Quarter and Full Year 2025March 12, 2026 4:40 PM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - March 12, 2026) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment and services to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2 and Green House Gas (GHG) and other harmful emissions for small local and Tier One resource clients, is pleased to announce its Q4 2025 and FY2025 results.


Three months
December 31,
2025



Three months
December 31,
2024



Year ended
December 31,
2025




Year ended
December 31,
2024


Revenue
$10,329,226
 
$7,812,010
 
$36,353,628

 
$34,646,888

 Gross margin
$4,231,879
41%
$2,825,432
36%
$14,885,431

41%
$15,561,427

45%Adjusted EBITDA(1)
$3,460,469
34%
$2,272,456
29%
$11,790,275

32%
$13,069,867

38%Adjusted EBITDA(1) per share - Basic
$0.04
 
$0.04
 
$0.15

 
$0.21

 Adjusted EBITDA(1) per share - Diluted
$0.04
 
$0.04
 
$0.14

 
$0.20

 Income before tax
$894,104
 
$798,456
 
$4,544,478

 
$4,668,801

 Net income and comprehensive income
$664,312
 
$673,208
 
$3,532,781

 
$4,543,553

 Earnings per share - Basic
$0.01
 
$0.01
 
$0.05

 
$0.07

 Earnings per share - Diluted
$0.01
 
$0.01
 
$0.04

 
$0.07

  (1) Identified and defined under "Non-IFRS Measures".Activity levels continued to increase in the fourth quarter and contributed to another solid year. Fiscal 2025 was more of a traditional year with respect to the seasonality of operations. After a strong quarter one, Enterprise experienced lower activity levels during the quarter two spring breakup, then activity levels increased in quarter three and continued to increase in quarter four. In addition to seasonality, Enterprise did experience a geographical shift of work as activity in Northeastern B.C. slowed and activity in Alberta increased. Increased activity included new power systems customers however, this was offset from slower activity with established customers in B.C. The composition of work also moved towards smaller duration projects which were more dispersed throughout the provinces, which impacted gross margin.Revenue for the three months ended December 31, 2025, was $10,329,226 compared to $7,812,010 in the prior period, an increase of $2,517,216 or 32%. Gross margin for the three months ended December 31, 2025, was $4,231,879 compared to $2,825,432 in the prior period, an increase of $1,406,477 or 50%. Adjusted EBITDA for the three months ended December 31, 2025, was $3,460,469 compared to $2,272,455 in the prior period, an increase of $1,188,013 or 52%. Revenue for the year ended December 31, 2025, was $36,353,628 compared to $34,646,888 in the prior period, an increase of $1,706,740 or 5%. Gross margin for the year ended December 31, 2025, was $14,885,431 or 41% which is $675,996 below the prior period. Adjusted EBITDA for the year ended December 31, 2025, was $11,790,275 or 32% which is $1,279,592 below the prior period. The Company continues to generate positive cashflow from operations and for the year ended December 31, 2025, generated cash flow of $16,718,711 or $0.21 per share compared to $12,132,566 or $0.15 per share in the prior year.In the second quarter, Enterprise closed the transaction to acquire 100% of the shares of Flex Leasing Power and Service ULC ("FlexEnergy Canada") from Flex Leasing Power and Service LLC for a purchase price of $20 million. This strategic transaction set the cornerstone for Enterprise to be also known as the provider of power solutions for short-term, long-term and permanent installations. The acquisition established Enterprise as the exclusive Canadian OEM representative for FlexEnergy turbines, enabling expansion into commercial and industrial markets for primary power and combined heat and power applications. This strategic shift broadens Enterprise beyond energy-sector solutions into a diversified power-solutions platform, positioning itself for enhanced growth. The integration of this acquisition has resulted in several new power applications with customers. Post acquisition, the name of FlexEnergy Canada was changed to Evolution Power Solutions, Inc.During the year, Enterprise refinanced its lending facility which resulted in savings of $2.4 million from lower lending costs of $916,078 and a debt settlement discount of $1,500,000. In the first quarter, the Company repaid its bank loan facility by way of a cash payment of $15,675,574 which included a negotiated settlement discount in the amount of $1,500,000. In the second quarter, the Company finalized a new lending facility to be used for acquisitions, capital expenditures, and working capital. These transactions effectively replaced the company's previous lending facility and consolidated Enterprise's debt resulting in a lower overall interest rate and lower borrowing costs, resulting in savings of $916,078 compared to the prior year. The new facility bears interest at a rate of up to prime + 2%, is secured by a first charge on all company assets and is subject to certain financial covenants. Also, in the third quarter, the Company refinanced a mortgage and monetized $5,000,000 of equity on its Fort St. John property.About Enterprise Group, Inc.
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 CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:
Leonard Jaroszuk: Chairman & CEO, or
Desmond O'Kell: President & Director

Enterprise Group to Release Financial Results for Q4 2025 and the December 31, 2025 Year End on March 12, 2026 After Market CloseMarch 11, 2026 7:17 PM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - March 11, 2026) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise") announces the Company will release financial results for the 2025 fourth quarter and audited annual year end, after market close on March 12th, 2026. The Company further announces that, as of the March 12, 2026, expiry date for all outstanding warrants and broker warrants, with an average price of $0.95 have been exercised. The warrants were issued in conjunction with a financing completed on March 12, 2024.About Enterprise Group, Inc.
Enterprise Group, Inc is a consolidator of services, including specialized natural gas power generation equipment to the energy/resource and industrial sectors. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2, Greenhouse Gas (GHG) and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available on the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:For questions or additional information, please contact:
Leonard Jaroszuk, CEO & Chairman, or
Desmond O'Kell, President & Director
780-418-4400
contact@enterprisegrp.caForward-Looking Information
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements in this news release including, without limitation, the anticipated use of proceeds and opportunities available to the Company. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR+ website www.sedarplus.ca) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288185
Original: Enterprise Group to Release Financial Results for Q4 2025 and the December 31, 2025 Year End on March 12, 2026 After Market Close

Enterprise Group Reflects on 2025: a Year of Progress and Positioning to Capture Growth in Canada's Inflecting Natural Gas LandscapeJanuary 28, 2026 1:45 PM
NewsfileSt. Albert, Alberta--(Newsfile Corp. - January 28, 2026) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"), provides natural gas turbine power generation and critical site infrastructure equipment to Tier One energy producers and industrial clients, displacing diesel to reduce fuel costs and emissions, while enabling fully operational, 24/7 remote projects in the most extreme Canadian northern conditions. Enterprise is pleased to reflect on its 2025 progress and outline its positive outlook for 2026 and beyond:Corporate Progress Positions Enterprise to Capture Profitable, Sustainable GrowthCompleted Acquisition of FlexEnergy Solutions Canada: The strategic acquisition of Flex Canada set the cornerstone for Enterprise to be also known as a provider of power solutions for short-term, long-term and permanent installations. FlexEnergy turbines are recognized globally as the gold standard for uptime, reliability, and exceptional fuel tolerance. Acquired for 4.3x pre-synergy EBITDA, increased in-field turbine fleet by 43% backed by long-term leasing & servicing contracts, and bolstered the ability to scale solutions across multiple industries and mission-critical infrastructure applications. Enterprise is well known for providing critical site infrastructure equipment to both energy and industrial customers, this acquisition places Enterprise firmly in the power solutions industry in Canada.The acquisition establishes Enterprise as the exclusive Canadian OEM representative for FlexEnergy, enabling expansion into commercial and industrial markets for primary power and combined heat and power applications. This strategic shift broadens Enterprise beyond energy-sector solutions into a diversified power-solutions platform, positioning the Company for enhanced growth and a potential valuation re-ratingFortified Financial Position: Repaid & expanded credit facility to $41M from $30M with a Schedule 1 Canadian Bank while remaining active in supporting its stock though the renewal of its normal course issuer bid2026 Strategic Priorities:Improve utilization rates of existing fleet, optimizing cash flow generationDiligently allocate capital between growth, NCIB, and balance sheet healthMaintain disciplined IRR thresholders for selective growth investmentsHighlightsCanada's natural gas activity is increasing as exports ramp"Nation-Building" LNG projects advancing with bi-partisan support represent >31 Mtpa of added export capacity, or ~25% of Canada's current gas productionLNG Canada: (Shell, Petronas, Mitsubishi, Petro China, Korea Gas) Ksi Lisims: (Nisga'a FN, Rockies LNG LP, Western LNG LLC)Woodfibre LNG: (Pacific Energy Corporation (Canada), Enbridge Inc.)Cedar LNG: (Haisla FN, Pembina Pipeline Corporation)Increased exposure to global LNG markets supports tighter Henry Hub–AECO spreads and position Canada's natural gas production for a long-term bull marketMajor industry transactions involving leading E&Ps underscores confidence in Western Canadian natural gas assets, particularly Montney and Duvernay playsEnterprise would like to thank all stakeholders for their support and reiterate its focus on building momentum throughout 2026 and beyond. About Enterprise Group, Inc.Enterprise Group, Inc is a consolidator of services, including specialized natural gas power generation equipment to the energy/resource and industrial sectors. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2, Greenhouse Gas (GHG) and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada. More information is available on the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedarplus.ca. For questions or additional information, please contact:Leonard Jaroszuk, CEO & Chairman, or
Desmond O'Kell, President & Director
780-418-4400
contact@enterprisegrp.caForward-Looking Information
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements in this news release including, without limitation, the anticipated use of proceeds and opportunities available to the Company. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR+ website www.sedarplus.ca) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281872
Original: Enterprise Group Reflects on 2025: a Year of Progress and Positioning to Capture Growth in Canada's Inflecting Natural Gas Landscape

Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
https://10xalerts.com/enterprise-group-tsx-e-otcqb-etolf-earnings-exceeded-expectations-and-more-to-come/

One Analyst's Earnings Estimates For Enterprise Group, Inc. (TSE:E) Are Surging Higher

https://simplywall.st/stocks/ca/capital-goods/tsx-e/enterprise-group-shares/news/one-analysts-earnings-estimates-for-enterprise-group-inc-tse

One Analyst's Earnings Estimates For Enterprise Group, Inc. (TSE:E) Are Surging Higher

https://simplywall.st/stocks/ca/capital-goods/tsx-e/enterprise-group-shares/news/one-analysts-earnings-estimates-for-enterprise-group-inc-tse

Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) Blows Past Our Q1 Estimates
https://www.researchfrc.com/enterprise-group-inc-tsx-e-otcqb-etolf-blows-past-our-q1-estimates/

Enterprise Group Had Massive Share Earnings (TSX:E, OTCQB:ETOLF)
https://10xalerts.com/enterprise-group-had-massive-share-earnings-tsxe-otcqbetolf/

Yes they are very aggressive for sure!

Yes, It is Over $1.04 NOW and Heading up Again. New Target after the Recent Report says Target is Now > $1.75. Very Good Company!!! Doing Very Well in Report1!!

E.TSX Q2/2013 earnings to be released on Monday August 12-

Enterprise report on pages 3 and 4-

http://www.firstcanadiancapital.com/docs/wp-content/uploads/Morning-Note-Aug-6-Enterprise.pdf

Nice! And the share price has more than double from .40 cents region, and held it's gains since I have been following it- hope there were some lurkers at least..... we are heading over $1.00 soon I think

Your first follower!

E- 100% buy on Barcharts, according to 13 popular analytics-
-http://www.barchart.com/quotes/stocks/E.TO

Share price holding well in the mid .60 cent range- looking for next leg up as Enterprise P/E is quite low compared to it's peer companies...

Enterprise Group shareholders elect five-member board


2013-06-24 17:31 ET - News Release


Mr. Leonard Jaroszuk reports

ENTERPRISE GROUP INC. ANNOUNCES VOTING RESULTS OF ELECTION OF DIRECTORS

At the annual meeting of shareholders held on June 20, 2013, each of the five nominees proposed as directors and listed in Enterprise Group Inc.'s management information circular dated May 13, 2013, was elected as a director. The detailed results of the vote are set out in the attached table.

DIRECTOR NOMINEE VOTING RESULTS
Votes
Nominee Votes for % for withheld % withheld

Leonard D. Jaroszuk 20,338,929 95.80% 891,191 4.20%
John Pinsent 20,604,620 97.05% 625,500 2.95%
Fredy Ramsoondar 20,629,620 97.17% 600,500 2.83%
Desmond O'Kell 20,514,620 96.63% 715,500 3.37%
Manu K. Sekhri 20,629,620 97.17% 600,500 2.83%
Enterprise also announces that Fredy Ramsoondar has resigned as director of company, effective immediately. Enterprise would like to thank Mr. Ramsoondar for his time and efforts while serving on its board.

Enterprise Group closes Pro Tech purchase


2013-06-20 07:36 ET - News Release


Mr. Leonard Jaroszuk reports

ENTERPRISE GROUP, INC. ANNOUNCES CLOSING OF A STRATEGIC ACQUISITION

Enterprise Group Inc. has completed its acquisition of Pro Tech Construction Inc. for a purchase price of $2.05-million. The acquisition is effective June 19, 2013, and was financed through a cash only transaction.

This acquisition is seen as a highly strategic advance for the company, as Pro Tech's main asset is 12.29 acres of land and buildings combined with a development permit that allows for future expansion. The property acquired is ideally located in West Edmonton's busy Acheson Industrial park. This area has shown unprecedented growth and in combination with lack of developed industrial land in the area, has resulted in an increased appraised value of $3.5-million since the offer to purchase was accepted.

The location will also serve as a West Edmonton field office for TC Backhoe and Directional Drilling LP and Artic Therm International. This location will assist TC and ATI to expand their operations and at the same time is ideally located to support TC's new regional contract with a major utility company which is located in the same vicinity which TC has a long-term relationship with.

This West Edmonton location will increase the TC Backhoe's productivity and overall profitability since it will reduce travel time from their existing location. The savings in wages, fuel costs and lower maintenance costs will be approximately $230,000 annually.

Leonard Jaroszuk, president and chief executive officer, says: "We are excited about the opportunity this acquisition gives us since it not only allows us to better serve our Western regional customers, but it also allows us to expand our footprint and provides us the opportunity to expand all operations in Western Alberta."

The location will also be used as a staging area for larger jobs which require additional equipment or jobs that require logistics involving two or more Enterprise companies.

We seek Safe Harbor.

Globe says Enterprise Group maintained at "buy"

2013-06-19 06:59 ET - In the News (E-TSX)

The Globe and Mail reports in its Wednesday, June 19, edition that M Partners analyst Tom Varesh says Enterprise Group's (68 cents) $12-million acquisition of Calgary Tunnelling & Horizontal Augering will be transformative for the construction services company, as it has the potential to increase its revenue and pretax earnings by about 50 per cent. The Globe's Darcy Keith writes in the Eye On Equities column that Calgary Tunnelling is a North American leader in the highly specialized tunnelling field, where competition is limited. Mr. Varesh raised his price target to $2.05 from $1.30 and reiterated a "buy" rating. The average target is $1.52.

Enterprise Group closes Calgary Tunnelling purchase


2013-06-17 07:26 ET - News Release


Mr. Leonard Jaroszuk reports

ENTERPRISE GROUP, INC. ANNOUNCES CLOSING OF A SPECIALIZED UNDERGROUND INFRASTRUCTURE CONSTRUCTION COMPANY

Enterprise Group Inc. has completed its previously announced acquisition of a specialized underground infrastructure construction company, Calgary Tunnelling & Horizontal Augering Ltd., for a purchase price of $12-million plus working capital, subject to postclosing adjustment. The acquisition is effective May 1, 2013. The acquisition was funded through a combination of cash, the issuance of 727,908 common shares of the Company at a deemed price of $0.68 per share and vendor take-back financing in the amount of $1 million to be paid over two years.

Founded in 1984, Calgary Tunnelling & Horizontal Augering LTD., ("CTHA") is a North American leader in the highly specialized tunnelling field. CTHA utilizes a number of tunnelling disciplines to get the job done efficiently and safely. Some of these disciplines are laser guided boring & augering, pipe ramming, pipe jacking/tunnel boring (TBM), among others. Tunnelling is a highly specialized segment of the construction industry and as a result, has a very lightly populated landscape for competition. The previous owner/manager has agreed to a long term employment agreement and by retaining him and his expert team it will assist Enterprise to effectively integrate and invest into strategic growth initiatives. Leonard Jaroszuk, President & CEO of Enterprise comments; "CTHA has the potential for substantial growth over the next few years we are extremely excited to work with this tremendously skilled group."

Enterprise is projecting from the effective date of May 1, 2013; CTHA will bring in approximately $12 million in revenue while delivering nearly 40% in EBITDA for the remainder of 2013.

CTHA performs its services from the west coast through to central Canada across the energy, utility and infrastructure segments. Its clients range from Canada's largest rail companies and premier utility providers to leading infrastructure contractors and some of North America's largest pipeline companies. CTHA's revenue stream is well diversified between all of these segments.

Current infrastructure projects include a series of technically difficult tunnels being constructed at the massive $600 million Calgary International Airport expansion, while other crews are completing several large diameter utility crossings under the Trans Canada highway near Banff National Park. In Saskatchewan, crews are currently working to bring in underground water lines to one of Canada's largest Potash producers.

The 3 to 5 year outlook for pipeline construction is especially intriguing. CTHA is a leader in underground tunnelling for large diameter pipelines. Among several ongoing projects CTHA is engaged in a three year, long distance pipeline project which is in its first year of construction. CTHA provides underground tunnelling at several crossings which cannot be open cut, such as road, highway and rail crossings. In 2008, the Kinder Morgan Anchor Loop was put into service. CTHA was selected to perform the tunnelling through the extremely difficult terrain of Jasper National Park in the Canadian Rockies. Pipeline projects like these all require the specialized services that CTHA provides. The current roster of proposed long distance pipelines is at a historic high and Enterprise believes that the Company is extremely well positioned to benefit from this boom in pipeline construction.

We seek Safe Harbor.

Enterprise hits new 52 week high today of .74 cents---

Enterprise Group earns $3.2-million in Q1


2013-05-09 09:43 ET - News Release


Mr. Daniel Boase reports

ENTERPRISE GROUP, INC. ANNOUNCES FIRST QUARTER RESULTS

Enterprise Group Inc. has provided its first quarter results for the period ended March 31, 2013, and its seventh consecutive quarter of profitability.

Quarterly highlights

Net profit for the quarter surpassed not only any historical quarter but also exceeded any full fiscal year's profitability in the history of the company.
Net income for the quarter was $3,167,000, or 34 per cent of revenue, compared with $169,000 in the same quarter last year, an increase of $2,998,000.
Earnings per share for the quarter were five cents per share compared with nil in the same quarter last year.
Revenue for the quarter increased by $5,273,000 to $8,904,000 compared with the same period last year.
Earnings before interest, tax, depreciation, amortization and stock-based compensation (EBITDAS) for the quarter increased by $3,306,000 to $3,901,000 or 44 per cent of revenue, compared with the same period last year.
Gross profit for the quarter was $5,202,000 or 58.4 per cent compared with $1,226,000 or 33.8 per cent for the same period last year.
The company's utilities/infrastructure construction division renewed a three-year, multimillion-dollar service contract with one of Canada's premier power suppliers and due to the high level of service and quality of work, this division was awarded a second contract from the same customer that is similar in size and scope. These contracts were signed in February of 2013.
The company added depth to its management team hiring Warren Cabral, CA, as chief financial officer to assist with the future growth of the company.
To assist in executing the company's strategy, in February $1.05-million was raised in a non brokered private placement of 4.2 million units at 25 cents per unit. Each unit comprises one common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at an exercise price of 35 cents for a period of six months from the closing of the offering, subject to accelerated expiry in certain circumstances.
Also in February, the company signed a letter of intent to acquire a specialized underground infrastructure construction company for $12-million. This acquisition is aligned with the company's strategy to focus on infrastructure and specialty rental operations and will assist to mitigate the seasonality of the company's existing operations. The purchase price of the acquisition is just over two times EBITDA (earnings before interest, taxes, depreciation and amortization) of the target company.
To finance this acquisition, in March the company entered into an arrangement to raise $6-million of unsecured convertible debentures. The debentures have a two-year term at 6-per-cent interest and will be convertible into common shares at a price of 50 cents per share.
Additionally, subsequent to the quarter-end, on May 2, 2013, the company accepted a term sheet presented by PNC Bank Canada Branch to increase its current senior secured finance facility from $12.5-million to a maximum of $20-million.

SUMMARY FINANCIAL OVERVIEW

For the three months ended
March 31,
2013 2012

Revenue $8.9 $5.3
Gross profit 5.2 1.2
EBITDAS 3.9 .6
Net income 3.2 0.2
EPS 0.05 -

Here is an excellent article on Enterprise that was released on theYahoo Financial website on May 30th 2013...

------------------
Financial Press: Succeeding Through Diversity

http://ca.finance.yahoo.com/news/financial-press-succeeding-diversity-130000903.html

Wow!!! Go Enterprise Oilfield Group, Inc!!!

Excellent earnings news out today!
------------------------------------

Enterprise Group earns $3.2-million in Q1


2013-05-09 09:43 ET - News Release


Mr. Daniel Boase reports

ENTERPRISE GROUP, INC. ANNOUNCES FIRST QUARTER RESULTS

Enterprise Group Inc. has provided its first quarter results for the period ended March 31, 2013, and its seventh consecutive quarter of profitability.

QUARTERLY HIGHLIGHTS

-- Net profit for the quarter surpassed not only any historical quarter but also exceeded any full fiscal year's profitability in the history of the Company.

-- Net income for the quarter was $3,167,000, or 34% of revenue, compared to $169,000 in the same quarter last year, an increase of $2,998,000.

-- Earnings per share for the quarter was $0.05 per share compared to $nil in the same quarter last year.

-- Revenue for the quarter increased by $5,273,000 to $8,904,000 compared to the same period last year.

-- EBITDAS(1) for the quarter increased by $3,306,000 to $3,901,000 or 44% of revenue,compared to the same period last year.

-- Gross profit for the quarter was $5,202,000 or 58.4% compared to $1,226,000 or 33.8% for the same period last year.

-- The Company's utilities/infrastructure construction division renewed a three year, multi-million dollar service contract with one of Canada's premier power suppliers and due to the high level of service and quality of work, this division was awarded a second contract from the same customer that is similar in size and scope. These contracts were signed in February of 2013.

-- The Company added depth to its management team hiring Warren Cabral, CA as Chief Financial Officer to assist with the future growth of the Company.

-- To assist in executing the Company's strategy, in February $1,050,000 was raised in a non brokered private placement of 4,200,000 units at $0.25 per unit. Each unit is comprised of one common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at an exercise price of $0.35 for a period of six months from the closing of the offering, subject to accelerated expiry in certain circumstances.

-- Also in February, the Company signed a letter of intent to acquire a specialized underground infrastructure construction company for $12,000,000. This acquisition is aligned with the Company's strategy to focus on infrastructure and specialty rental operations and will assist to mitigate the seasonality of the Company's existing operations. The purchase price of the acquisition is just over two times EBITDA of the target company.

-- To finance this acquisition, in March the Company entered into an arrangement to raise $6,000,000 of unsecured convertible debentures. The debentures have a two year term at 6% interest and will be convertible into common shares at a price of $.50 per share.

-- Additionally, subsequent to the quarter end, on May 2, 2013, the Company accepted a term sheet presented by PNC Bank Canada Branch (PNC) to increase its current senior secured finance facility from $12,500,000 to a maximum of $20,000,000.


SUMMARY FINANCIAL OVERVIEW
For the three months ended
March 31
% of
2013 2012 % chg Revenue
------------------------------------------
Revenue $ 8.9 $ 5.3 145%
Gross Profit 5.2 1.2 324% 58%
EBITDAS 3.9 .6 556% 44%
Net Income 3.2 0.2 1,777% 34%
EPS 0.05 -
% change are representative of whole un-rounded numbers

(1) EBITDAS = Earnings Before Interest, Tax, Depreciation, Amortization and Stock Based Compensation

We seek Safe Harbor.

Wow first board mark from me!!

Approximate tripling of revenue and net income after the acquisition of the underground construction company takes place according to an earlier company press release----hope that happens for sure-

Enterprise Group, Inc. Announces Increase to Existing Finance Facility

Leonard D. Jaroszuk, President and CEO of Enterprise Group, Inc. (TSX:E)("Enterprise" or "Corporation") is pleased to announce that the Corporation has accepted a term sheet presented by PNC Bank Canada Branch (PNC) to increase its current senior secured finance facility from $12.5 million to $20 million at the existing interest rate of prime plus 2%.


This increase coupled with the $6.0 million debenture financing announced March 26, 2013, will assist in facilitating the close of the acquisition of the specialized underground infrastructure company announced on February 28, 2013.
As illustrated in that announcement, preliminary unaudited sales revenue for the target acquisition was approximately $14.9 million and EBITDA of $5.8 million, for the year ending 2012.


Further to the existing terms, PNC has also agreed to increase the Corporation's 2013 capital expenditure program from $3.0 million to $11.0 million. This capital expenditure increase, together with the $6.0 million equity private placement announced April 26, 2013, will facilitate the aggressive growth plan to meet the demand for the services of Enterprise's business units.


About Enterprise Group, Inc.

Enterprise Group, Inc. is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries.
The Company's focus is primarily underground construction & maintenance and specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management and human
esources to support continued growth. Enterprise became a Western Canadian leader in flameless heat technology in September 2012 with its acquisition of Artic Therm International Ltd. and is poised to become a technological leader in underground infrastructure construction upon closing of its pending infrastructure construction acquisition.


Forward Looking Statements

Certain statements contained in this release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking
information and are based on current beliefs or assumptions as to the outcome and timing of future events. Actual future results may differ materially. In particular, statements with respect to anticipated activity levels and profitability of the Company's utility and infrastructure division and anticipated increases in revenue and margins attributed to services provided by
the Company to the energy sector contain forward looking information. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website at www.sedar.com)
describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The forward-looking statements and information contained in this document are made as of the date hereof for the purpose of providing the readers with the Company's expectations for the next year. The forward-looking statements and information may not be appropriate for other purposes. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT:
Enterprise Group, Inc.
Leonard D. Jaroszuk
President & CEO
780-418-4400 or TF: 888-303-3361


Enterprise Group, Inc.
Desmond O'Kell
Vice President, Corp. Development
780-418-4400 or TF: 888-303-3361
contact@EnterpriseOil.ca
www.EnterpriseOil.ca

Enterprise Group arranges $6-million placement


2013-04-25 07:50 ET - News Release


Mr. Daniel Boase reports

ENTERPRISE GROUP, INC. ANNOUNCES PRIVATE PLACEMENT OF COMMON SHARES

Enterprise Group Inc. has entered into an agreement with a syndicate of agents lead by M Partners Inc., and including Beacon Securities Inc., to act as agents in respect of a best-efforts private placement offering of up to 12.5 million common shares of the company for gross proceeds of up to $6-million. Each common share will be issued at a price of 48 cents. All securities issued in connection with the offering will be subject to a hold period of four months and one day from the closing date.

The net proceeds of the offering will be used for capital expenditures related to Artic Therm International Ltd., acquisition and integration costs associated with the transaction announced Feb. 28, 2013, in the event of completion of that transaction, and for general working capital purposes.

The closing of the offering is subject to receipt by the company of all requisite regulatory approvals, including the approval of the Toronto Stock Exchange.

The closing of the offering is expected to occur on or about May 7, 2013, or such other date as agreed to by the agents and the company.

On the closing date the agents will receive, a cash commission equal to 6 per cent of the gross proceeds of the offering. In addition, the company will issue to the agents, on the closing date, such number of warrants as is equal to 6 per cent of the number of common shares sold pursuant to the offering. Each broker warrant will entitle the holder thereof to purchase one common share at the issue price at any time prior to the date that is 12 months from the closing date.

We seek Safe Harbor.

Have my eye on this one!

Board mark for this one!

JuniorGoldReport.com write up on Enterprise Group, Inc.

http://juniorgoldreport.com/wp-content/uploads/2013/01/JGR_April_2013.pdf

E.TSX releases 2012 earnings-
-------------------------------

http://finance.yahoo.com/news/enterprise-group-inc-announces-2012-165819987.html

Press release- Enterprise Group, Inc. Announces Convertible Debenture With Michael Wekerle's Difference Capital

Enterprise Group Inc. has entered into a financing arrangement to raise gross proceeds of approximately $6-million with its financing partner Difference Capital Funding Inc. Enterprise expects to close the financing on or about April 25. Proceeds of this financing will be used to complete strategic acquisitions.......

(Full press release)

http://finance.yahoo.com/news/enterprise-group-inc-announces-convertible-110000821.html

E.TSX is trading in the .46-.47 cent range- looks like it is doing some consolidation before what I think will be the next leg up- it is clearly on an uptrend---

E hits .52 cents (cad) so far today---------that is a new 52 week high...

ETOLF is the U.S. symbol on the OTC markets.
In Canada Enterprise trades on the TSX- (Toronto Stock Exchange) main board.

E.TSX- Latest News- February 28, 2013

ENTERPRISE ANNOUNCES LOI TO PURCHASE UNDERGROUND INFRASTRUCTURE CONSTRUCTION CO.

Enterprise Group, Inc. ("Enterprise" or "Company") (TSX symbol -- E) is pleased to announce the signing of a letter of intent to purchase a highly successful specialized underground infrastructure construction company (the "private company") with operations based in Alberta.

The private company is a leader in specialized underground infrastructure construction in Western Canada. Enterprise's strategy is to continue to grow the private company in its core competencies while expanding services to a larger customer base while leveraging the synergies available through Enterprise's existing operations. For the year ended 2012, preliminary unaudited sales revenue for the private company was approximately $14.9 million and EBITDA was approximately $5.8 million.

Enterprise will purchase the shares of the private company for $12 million and will be funded by cash, asset debt financing, and $1,000,000 in vender take-back financing to be paid over two years. Completion of this acquisition will be subject to negotiation of a definitive share purchase agreement, satisfactory due diligence by Enterprise, completion of the asset-based debt financing and customary closing conditions. Enterprise expects to close the transaction on or before May 1, 2013.

Management is currently discussing available funding options with its investment banking advisors.

Enterprise Group, Inc. is a construction services company operating in the energy, utility and transportation infrastructure industry. The Company's focus is primarily underground construction and maintenance and above ground plants and facilities and specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management and human resources to support continued growth.


Forward Looking Information
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, statements with respect to the completion of the proposed acquisition, the terms and conditions of the transaction, the completion of an asset-based debt financing and financial information relating to the private company include forward-looking information. The proposed acquisition may not be completed on the terms and conditions contemplated herein or at all. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

Non-GAAP Measures
This news release contains references to EBITDA. The Company uses accounting principles that are generally accepted in Canada (the issuer's "GAAP"), which includes without limitation, International Financial Reporting Standards ("IFRS"). EBITDA is not a measure that has any standardized meaning prescribed by IFRS and is therefore referred to as a non-GAAP measure. This non-GAAP measure used by the Company may not be comparable to a similar measure used by other companies. Management believes that in addition to net income, EBITDA is a useful supplemental measure as it provides an indication of the results generated by the Company's principal business activities prior to consideration of how those activities are financed or how the results are taxed. EBITDA is calculated as net income excluding depreciation, amortization, interest and taxes.

Sorry GRST is not the symbol-
I got the companies confused-
--------------
Regarding E.TSX:

There is no U.S. symbol that I can see--
Here is their strategy from their website:

-----------------------------------------------

Enterprise Sets a Strategy for Growth

Since our inception Enterprise Group has maintained a strong vision to be the largest underground construction and heavy equipment rental organization in Western Canada. With development activity in the energy services and civil construction sector expected to increase as the economy strengthens, the Enterprise Group is poised for further growth. Higher demand for energy and utilities coupled with increasing commodity prices, will allow producers and providers to reinvest into Infrastructure. Enterprise will have the opportunity to implement its aggressive growth strategy by acquiring 'best-in-class' businesses.

Primary Strategy
To accomplish this, Enterprise is implementing a strategy of acquiring and consolidating established, profitable infrastructure service companies with a near term goal of obtaining annual sales revenue of over $150 million. Enterprise is consolidating companies that have a proven track record, are well managed and are financially successful.


Enterprise Group, Inc: Trading on the TSX Exchange: Symbol "E"

Shares Outstanding: 60,966,697

Recent Trading Range $0.13 - $0.46

Transfer Agent:
Valliant Trust
Edmonton, Alberta

Legal:
Borden Ladner Gervais
Calgary, Alberta

Auditors:
Grant Thornton LLP.
Edmonton, Alberta

The U.S. ticker is GRST - it trades on the OTC and is fully reporting- There are very few publicly traded companies that do addiction treatment as they were all bought up by a couple bigger companies a few years back so I understand-

-At around $35,000.00 per treatment per person it is a business that creates a lot of profit I believe-

-GRST also does treats a lot of colonoscopy and also endoscopy treatments-

This company just came across my desk,
Is there a US Trading ticker? Which exchange does it trade on.
I agree that companies like this that are growing and making money will continue to be attractive in this market.

E-TSX- Enterprise has been doing well lately- trading a lot of volume in the .40 cent range -

I think investors are starting to gravitate to companies like this, with a solid revenue model and growth strategy-

OILXF @ .007!

OILXF @ .006!

Enterprise Oilfield Group Inc. (TSX: E) has Assembled a Knowledgeable Board of Advisors

Enterprise Oilfield Group receives advice from a Board of Advisors comprised of experienced individuals with expansive knowledge within the oil and gas industry. Strong leadership and wise guidance are two of the most important pillars of any business and Enterprise has done well to recognize and respond to that.

Douglas Watt, Projects Manager of A.G. Grant Construction, has spent more than 35 years of his career in the pipeline construction industry. Holding a variety of positions, Mr. Watt has been employed by several major pipeline construction companies such as Banister, Marine, Majestic, and Bechtel. Mr. Watt was previously the Superintendent of Veba Oil Operations and Mobil Oil in their respective Pipeline and Terminal Maintenance Operations. Doug Watt currently holds the position of Operations Manager and is instrumental in the communications between Enterprise and its operating subsidiaries.

James R. Chorney, an independent director, has been involved in the Canadian pipeline construction industry for 35 years where his experience has focused on managing major, large diameter, pipeline projects. He brings an extensive network of contacts and expertise in the procurement of equipment to the company. Currently, Jim is president of P.I.P.E. and Construction Ltd., a small construction company specializing in pipeline river crossings, utilizing equipment he has designed and manufactured.

Trevor King, General Manager of Trevor King Oilfield Services, established his own company where he gained invaluable knowledge of all facets of owning and operating a successful oilfield construction company. As an advisor to Enterprise, Trevor’s expertise in construction of pipelines and facilities and operating heavy equipment is invaluable in making operational decisions that support the long-term growth of the company.

Kurt Fletcher’s, Projects Manager of Trevor King Oilfield Services, background serving as a superintendent for pipeline and facility construction combined with his expertise as a Journeyman “B” Pressure Welder makes him a definite asset to Enterprise. In addition, Kurt has a wealth of hands-on field experience with pipeline installation and construction of oil batteries and gas compressors across Alberta and Saskatchewan.

Enterprise Oilfield Group Inc. (TSX: E): Alberta’s Growth in Population and Economy

Enterprise Oilfield Group Inc. is a pipeline construction and horizontal directional drilling company with a primary focus on Alberta, Canada’s oilfield and utility infrastructure markets. During 2002 – 2007, Alberta’s economy grew at an average of 4.7%, compared to an average growth rate of 2.7% in Canada. The consensus forecast is Alberta’s economy will continue to outperform the national average in 2008 and 2009, but not to the levels seen during 2004 –2006 associated with the energy boom.

The current population in Alberta is estimated around 3.5 million, representing 10% of the population in Canada. During 2006 – 2011, the population of the province is forecasted to grow at an average of 2.99% per annum (from 3.29 million in 2006 to 3.81 million in 2011), compared to average growth of 0.82% for Canada during the same period. This is growth is positive for Enterprise’s utility infrastructure & directional drilling business, which provides basic infrastructure services, installation of utilities and telecommunication equipment.

Infrastructure spending in Alberta will likely remain strong in the short term considering the large inventory for major construction projects. In the midterm, infrastructure spending growth in Alberta may slow down but remain above the national average. However, there is a positive outlook for the long run, since the vast oil sands reserves in Alberta may fuel the province’s future economic growth and drive spending in the province’s infrastructure sector.