The Conversation (0)
Enterprise Group (TSX:E) focuses on Western Canada as it is a high growth region, where it is already generating revenue, and has an estimated enterprise value of US$33 million. The company helps its clients improve their Environment, Social and Governance (ESG) ratings by offering specialized equipment powered by natural gas or electricity rather than diesel. Senior Vice President and Director, Desmond O'Kell, explained to INN that it is necessary for most of their clients to track emissions right from extraction all the way up and downstream so they developed systems to serve this need.
Enterprise Group’s business model focuses on continually acquiring profitable and specialized businesses within the infrastructure sector that serves Western Canadian operations. The company utilizes its access to capital, expertise, relationships and existing businesses to accelerate the growth of new acquisitions.
Company Highlights:
- The Canadian natural gas industry is forecasted to generate $250 billion over the next 10 years, with currently 70 operating oil and gas pipelines regulated by the Canada Energy Regulator across Canada-US borders.
- Canada will require additional oil pipeline capacity, creating a unique opportunity for Enterprise Group.
- Enterprise Group is currently generating revenue throughout its business lines. Revenue reported for the three months ended March 31, 2022, was $7,629,418, an increase of 30 percent from the prior period.
- The company’s enterprise value is currently estimated at US$33 million.
- The company is committed to mitigating, reducing, or eliminating CO2 and Greenhouse Gas emissions for small to Tier One resource clients
- An experienced management team leads Enterprise Group towards achieving its goals of supporting the Western Canada infrastructure and energy industry.
This Enterprise Group profile is part of a paid investor education campaign.*
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