CES Energy Solutions Corp

CES Energy Solutions Corp

CEU · TO · Energy / Oil & Gas Equipment & Services

21.54CAD+1.40 (+6.95%)

Price History

Full chart

Market Stats

Previous Close20.14
Open21.46
Day Range20.85 – 22.00
52-Week Range8.52 – 20.32
Volume1.31M
Market Cap3.75B
P/E (TTM)19.45
Forward P/E13.95
EPS0.92
Dividend Yield1.21%
Beta0.99
50-Day Avg18.36
200-Day Avg16.85

About

CES Energy Solutions Corp., together with its subsidiaries, engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. Its solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products. The company also designs and implements drilling fluid systems and completion solutions for oil and natural gas producers; designs and manufactures production and specialty chemicals for use in the oil and natural gas production; and operates trucks and trailers designed to transport products in the oil and gas industry. In addition, it provides environmental consulting, water management and transfer, and drilling fluids waste disposal services; and laboratory services. CES Energy Solutions Corp. was formerly known as Canadian Energy Services & Technology Corp. and changed its name to CES Energy Solutions Corp. in June 2017. The company was incorporated in 1986 and is headquartered in Calgary, Canada.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Kenneth E. Zinger
  • Employees2.71K
  • Headquarters332-6th Avenue SW, Calgary, AB, Canada, T2P 0B2, Canada
  • Websitehttps://www.cesenergysolutions.com

Leadership

  • Mr. Kenneth E. ZingerPresident, CEO & Director · b. 1967
  • Mr. Anthony Michael AulicinoExecutive VP & CFO
  • Mr. Vernon James DisneyPresident of US Production Chemicals
  • Mr. James F. StricklandPresident of US Drilling Fluids
  • Mr. David BurroughsPresident of PureChem Services
  • Mr. Matthew S. BellDirector of Legal & Corporate Secretary
  • Mr. Richard L. BaxterPresident Emeritus & Senior Advisor to AES Drilling Fluids, LLC
  • Mr. Mihir PatelPresident of Canadian Drilling Fluids

Financials

Income Statement

Currency: CAD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue46.01M60.42M125.07M89.45M249.12M459.26M471.30M662.82M972.71M749.61M567.73M1.03B1.27B1.28B888.05M1.20B1.92B2.16B2.35B2.49B
Growth (%)-+31.31%+107.00%-28.48%+178.49%+84.35%+2.62%+40.64%+46.75%-22.94%-24.26%+81.36%+23.45%+0.49%-30.47%+34.72%+60.67%+12.55%+8.79%+5.97%
Cost of Revenue32.83M41.34M88.37M62.74M176.94M335.84M361.13M488.03M707.21M589.96M455.94M779.84M986.79M1.00B722.43M935.34M1.53B1.68B1.77B1.92B
Gross Profit13.18M19.07M36.70M26.71M72.17M123.42M110.17M174.79M265.49M159.66M111.78M249.80M284.26M273.38M165.62M261.08M396.95M479.35M581.08M573.44M
Gross Margin28.65%31.57%29.34%29.86%28.97%26.87%23.38%26.37%27.29%21.30%19.69%24.26%22.36%21.40%18.65%21.82%20.65%22.16%24.69%22.99%
Operating Expense38.84M51.05M20.80M21.11M38.90M58.69M62.64M103.86M148.57M151.62M143.65M183.64M210.93M203.29M169.71M186.92M229.96M256.18M314.81M303.93M
Operating Income-25.65M-31.97M15.90M5.61M33.27M64.72M47.53M70.92M116.92M8.04M-31.87M66.16M73.34M70.09M-4.09M74.16M166.99M223.17M266.27M269.50M
Operating Margin-55.75%-52.92%12.71%6.27%13.36%14.09%10.09%10.70%12.02%1.07%-5.61%6.43%5.77%5.49%-0.46%6.20%8.69%10.32%11.31%10.81%
EBITDA-26.46M10.26M18.50M8.98M39.71M73.36M58.72M97.10M156.56M-72.51M26.37M130.40M142.90M147.04M-178.42M141.86M230.34M300.59M355.93M396.03M
EBITDA Margin-57.51%16.98%14.79%10.04%15.94%15.97%12.46%14.65%16.10%-9.67%4.64%12.66%11.24%11.51%-20.09%11.86%11.98%13.89%15.12%15.88%
Net Income-26.81M7.30M15.19M7.51M26.26M41.70M27.87M37.26M67.70M-92.28M-64.55M36.24M47.73M30.11M-222.90M49.88M95.22M154.64M191.11M204.72M
Net Income Margin-58.26%12.08%12.14%8.40%10.54%9.08%5.91%5.62%6.96%-12.31%-11.37%3.52%3.76%2.36%-25.10%4.17%4.95%7.15%8.12%8.21%
Interest Expense043.00K586.00K478.00K1.66M3.58M3.35M17.55M22.02M23.41M22.95M26.29M26.10M27.29M22.87M21.20M29.10M45.34M36.31M35.15M
Interest Expense % of Total Revenue0.00%0.07%0.47%0.53%0.67%0.78%0.71%2.65%2.26%3.12%4.04%2.55%2.05%2.14%2.58%1.77%1.51%2.10%1.54%1.41%

Balance Sheet

Currency: CAD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets74.91M77.07M125.26M130.70M287.64M385.35M354.64M807.32M1.09B931.54M978.96M1.14B1.32B1.22B857.89M1.09B1.41B1.38B1.54B1.62B
Total Liabilities20.42M24.02M48.28M38.16M116.59M181.29M139.22M446.80M547.69M399.89M410.12M547.47M624.24M540.46M402.23M600.92M801.95M719.27M725.10M816.33M
Total Equity54.49M53.05M76.98M92.53M171.05M204.06M215.42M360.52M540.04M531.65M568.84M593.20M697.57M679.31M455.66M486.68M609.05M658.00M814.23M801.52M
Cash4.19M---------13.39M---18.25M-----
Total Debt1.07M6.74M17.48M12.43M52.05M99.89M75.18M315.12M375.60M313.55M313.49M422.28M488.69M407.63M317.10M437.20M551.13M463.72M436.78M481.54M
Net Debt-3.12M6.74M17.48M12.43M54.78M104.97M80.59M321.45M390.30M327.53M300.10M442.13M521.78M452.48M298.85M479.23M610.77M463.72M436.78M481.54M

Cash Flow

Currency: CAD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.86M4.39M2.52M19.34M-15.59M-2.29M87.02M19.15M46.02M208.72M57.46M-23.29M77.60M187.30M156.68M-74.41M-2.74M301.78M304.66M285.37M
Investing Cash Flow-52.85M-4.52M-13.63M-12.51M-55.85M-20.30M-30.33M-236.73M-112.20M-74.65M-105.91M-69.13M-85.58M-43.36M-16.89M-12.76M-46.79M-71.83M-95.22M-104.88M
Financing Cash Flow47.19M-8.61M11.11M-6.79M71.06M22.34M-56.69M217.58M66.18M-134.07M66.28M79.03M7.99M-143.94M-120.14M68.91M49.53M-229.95M-209.45M-180.49M
Capital Expenditure998.00K4.64M6.22M4.51M11.39M16.35M18.03M44.26M66.51M49.62M36.88M66.59M85.19M50.97M25.76M27.42M53.17M73.90M93.11M86.17M
Free Cash Flow8.86M-250.00K-3.70M14.83M-26.98M-18.65M68.99M-25.10M-20.49M159.10M20.58M-89.88M-7.59M136.33M130.92M-101.83M-55.91M227.88M211.55M199.21M
Dividends Paid6.19M8.92M9.77M11.00M13.21M25.45M32.83M42.17M61.21M71.81M14.05M7.97M12.05M15.95M4.27M4.08M16.33M22.53M26.88M34.81M
FCF to OCF89.88%-5.70%-146.83%76.67%173.03%813.17%79.28%-131.07%-44.53%76.23%35.82%385.91%-9.78%72.79%83.56%136.86%2042.04%75.51%69.44%69.81%
Dividend Paid to FCF69.87%-3566.40%-263.71%74.18%-48.96%-136.48%47.59%-167.98%-298.69%45.13%68.25%-8.87%-158.76%11.70%3.26%-4.00%-29.21%9.88%12.71%17.47%

Earnings

Report DateMar 31, 2006Aug 11, 2006Nov 7, 2006May 8, 2007Aug 8, 2007Nov 6, 2007Mar 4, 2008May 6, 2008Aug 5, 2008Nov 4, 2008Mar 4, 2009May 7, 2009Aug 13, 2009Nov 9, 2009Mar 10, 2010May 11, 2010Aug 10, 2010Nov 8, 2010Mar 17, 2011May 11, 2011Aug 10, 2011Nov 7, 2011Mar 8, 2012May 11, 2012Aug 14, 2012Nov 7, 2012Mar 7, 2013May 8, 2013Aug 14, 2013Nov 7, 2013Mar 13, 2014May 13, 2014Aug 13, 2014Nov 13, 2014Mar 12, 2015May 14, 2015Aug 12, 2015Nov 12, 2015Mar 10, 2016May 12, 2016Aug 11, 2016Nov 10, 2016Mar 9, 2017May 11, 2017Aug 10, 2017Nov 9, 2017Mar 1, 2018May 10, 2018Aug 9, 2018Nov 8, 2018Mar 12, 2019May 9, 2019Aug 8, 2019Nov 14, 2019Mar 12, 2020May 14, 2020Aug 13, 2020Nov 12, 2020Mar 11, 2021May 12, 2021Aug 12, 2021Nov 11, 2021Mar 10, 2022May 12, 2022Aug 11, 2022Nov 10, 2022Mar 9, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Feb 29, 2024May 8, 2024Aug 8, 2024Nov 6, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 13, 2025Mar 10, 2026May 8, 2026Aug 6, 2026Nov 12, 2026
EPS Estimate-0.010.04--0.010.020.040.05-0.010.050.040.03-0.020.010.020.05-0.050.060.090.060.080.080.100.040.060.040.060.030.060.070.090.040.080.090.06-0.01-0.01-0.04-0.07-0.04-0.010.02-0.020.030.050.060.020.040.040.030.010.030.030.03-0.07-0.05-0.030.01-0.010.030.050.040.050.120.130.130.110.140.150.160.150.200.200.200.180.210.230.240.220.30
EPS Actual0.020.010.030.05-0.040.040.040.06-0.010.060.050.02-0.010.010.060.06-0.010.050.070.070.030.060.090.080.020.050.020.050.010.060.060.090.040.090.080.06-0.010.010.18-0.11-0.11-0.04-0.020.030.020.070.010.050.050.030.060.010.030.030.040.03-0.09-0.050.150.020.030.050.090.040.080.090.150.130.130.150.200.230.200.200.180.190.230.180.320.240.18-
Surprise-0.00%-25.00%--300.00%100.00%0.00%20.00%0.00%20.00%25.00%-33.33%50.00%0.00%200.00%20.00%-0.00%16.67%-22.22%-50.00%-25.00%12.50%-20.00%-50.00%-16.67%-50.00%-16.67%-66.67%0.00%-14.29%0.00%0.00%12.50%-11.11%0.00%-0.00%1900.00%-175.00%-57.14%0.00%-100.00%50.00%200.00%133.33%-80.00%-16.67%150.00%-25.00%50.00%-66.67%200.00%0.00%33.33%0.00%-28.57%0.00%600.00%100.00%400.00%66.67%80.00%0.00%60.00%-25.00%15.38%0.00%18.18%7.14%33.33%43.75%33.33%0.00%-12.20%-5.00%27.78%-14.29%39.13%1.05%-18.18%-
Timing-After-hoursAfter-hours----Pre-marketPre-marketAfter-hours-Pre-marketPre-marketPre-marketPre-market-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.75B
Enterprise Value4.38B
Trailing P/E19.45
Forward P/E13.95
PEG Ratio1.28
Price / Sales1.40
Price / Book4.40
EPS0.92
Book Value4.20
Revenue (TTM)2.68B
Gross Profit (TTM)645.19M
EBITDA327.39M
Profit Margin7.36%
Operating Margin11.89%
Return on Equity23.62%
Return on Assets10.44%
Shares Outstanding209.74M
Shares Float162.23M
Beta0.99
Dividend Yield1.21%
Dividend Rate0.22
Payout Ratio22.61%

Dividends

20263×
0.06Sep 29, 20260.06Jun 30, 20260.06Mar 31, 2026
20254×
0.04Dec 31, 20250.04Sep 29, 20250.04Jun 30, 20250.04Mar 31, 2025
20244×
0.03Dec 31, 20240.03Sep 27, 20240.03Jun 28, 20240.03Mar 27, 2024
20234×
0.03Dec 28, 20230.03Sep 28, 20230.03Jun 29, 20230.02Mar 30, 2023
20224×
0.02Dec 29, 20220.02Sep 28, 20220.02Jun 29, 20220.02Mar 30, 2022
20212×
0.02Dec 30, 20210.02Sep 28, 2021
20203×
0.00Mar 30, 20200.01Feb 27, 20200.01Jan 30, 2020

Stock Splits

  • Jul 24, 20143:1
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