CES Energy Solutions Corp.

CES Energy Solutions Corp.

CESDF
CES Energy Solutions Corp.US flagOther OTC
11.80
USD
- -
- -
2.49BMarket Cap
CES Energy Solutions Corp.
CESDF
(Other OTC)

Recent

price

11.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.83
2.8
2.82
3.48
4.67
3.44
2.33
3.87
4.74
4.8
3.38
4.69
7.53
8.69
10.13
11.37
11.74
Revenue per Share
0.25
0.25
0.17
0.2
0.33
-0.42
-0.27
0.14
0.18
0.11
-0.85
0.2
0.37
0.62
0.82
0.93
0.97
Basic EPS, GAAP
-0.2
-0.11
0.41
-0.13
-0.1
0.73
0.08
-0.33
-0.03
0.51
0.5
-0.4
-0.22
0.91
0.91
0.85
0.92
Free Cash Flow per Basic Share
0.1
0.15
0.2
0.22
0.29
0.33
0.06
0.03
0.04
0.06
0.02
0.02
0.06
0.09
0.12
0.16
0.17
Dividend per Share
-0.1
1.23
1.27
1.74
2.18
1.45
1.56
1.65
1.76
1.86
1.03
1.21
1.52
1.82
2.26
2.56
2.72
Book Value per Share
0.49
0.57
0.53
0.03
0.52
0.93
0.84
0.88
1.2
1.24
1.36
1.58
2.05
2.32
3.11
3.17
3.39
Tangible Book Value per Share
136
164
167
190
208
218
243
266
268
266
263
255
255
249
232
219
217
Basic Weighted Avg Shares
249
459
471
663
973
750
568
1,030
1,271
1,277
888
1,196
1,922
2,164
2,354
2,494
2,543
Sales/Revenue/Turnover
13.03
14.09
10.09
10.7
12.02
1.07
-5.61
6.43
5.77
5.49
-0.42
6.2
8.69
10.32
11.31
10.81
9.89
Operating Margin (%)
6
9
11
27
41
55
61
65
64
76
76
68
74
73
86
104
107
Depreciation Expense
34
42
28
37
68
-92
-65
36
48
30
-223
50
95
155
191
205
211
Net Income, GAAP
- -
31.81
36.5
28.21
26.49
- -
- -
- -
7.57
28.23
- -
4.68
24.88
18.43
19.01
20.22
20.1
Effective Tax Rate (%)
13.77
9.08
5.91
5.62
6.96
-12.31
-11.37
3.52
3.76
2.36
-25.1
4.17
4.95
7.15
8.12
8.21
8.29
Profit Margin (%)
34
154
115
197
307
230
222
350
420
348
272
443
666
583
641
651
675
Working Capital
5
97
72
310
368
306
306
414
474
386
298
421
528
415
402
442
431
LT Debt
179
204
215
361
540
532
569
593
698
679
456
487
609
658
814
802
844
Total Equity
- -
16.49
10.03
10.46
10.81
- -
- -
- -
6.16
4.43
- -
8.35
12.04
15.95
18.08
16.86
15.31
Return on Invested Capital (%)
- -
25.52
10.17
10.67
11.32
- -
- -
- -
7.89
5.34
- -
10.5
13.91
20.04
23.32
23.09
22.11
Return on Capital (%)
- -
- -
13.43
13.68
17.24
-23.96
-18.54
8.85
10.48
6.24
-58.2
17.19
27.38
36.86
39.13
37.67
37.18
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
39
39
39
LT Borrowings
401
382
376
LT Finance Leases
59
60
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
216
211
211
Market Capitalization
2,081
2,721
3,994

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,004
1,000
1,062
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
530
427
553
Inventories
426
415
429
Total Current Liabilities
333
349
387
Payables & Accruals
277
284
303
ST Debt
39
39
39
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.55%
12.43%
-1.56%
Free Cash Flow
-335.77%
-149.91%
-11.95%
Net Income, GAAP
-97.02%
12.32%
7.13%
Sales/Revenue/Turnover
17.33%
24.54%
5.97%
Total Cash Common Dividend
26.94%
76.55%
29.51%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
589
553
607
605
2,354
2025
632
574
623
665
2,494
2026
682
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.2
0.2
- -
0.82
2025
0.2
0.23
0.19
- -
0.93
2026
0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.03
- -
0.12
2025
0.03
0.04
0.04
- -
0.16
2026
0.04
- -
- -
- -
- -
Business
CES Energy Solutions Corp. CES Energy Solutions Corp. (TSX: CEU; OTC: CESDF) is a Canada-based provider of technically advanced consumable chemical solutions throughout the oilfield lifecycle, serving the North American upstream, midstream and oilfield services sectors. The company designs, manufactures and implements advanced consumable fluids and specialty chemicals, including drilling fluids systems; completion, stimulation and production chemicals such as corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors and biocides; and complementary environmental services, primarily in Canada. CES operates under brands including AES Drilling Fluids, AES Completion Services, Jacam Catalyst, Superior Weighting Products, Canadian Energy Services and PureChem Services, with activities spanning all major U.S. basins such as the Permian, Eagle Ford, Bakken, Marcellus and SCOOP/Stack, as well as the Western Canadian Sedimentary Basin including the Montney, Duvernay, Deep Basin and SAGD plays. Headquartered in Calgary, Alberta, CES traces its origins to 1986 and completed its initial public offering in March 2006, evolving through organic growth, R&D innovation and strategic acquisitions of regionally dominant firms in the U.S. and Canada. In recent developments, CES closed the acquisition of substantially all business assets of Fossil Fluids LLC on June 1, 2025, bolstering its drilling fluids operations in the Mid-Continent region's Cherokee shale play under AES Drilling Fluids; integrated the July 2024 acquisition of Hydralyte, which has delivered accretive results; and completed a $75 million reopening of senior unsecured notes in October 2025 to support its capital structure amid strong financial performance, including record Q3 2025 adjusted EBITDAC and revenue growth driven by U.S. contributions from these acquisitions.

Company News

APIChatGPT
  • CES Energy Solutions Corp. Announces Renewal of Normal Course Issuer Bid and Provides Q2 Conference Call Details

  • CES Energy Solutions Corp. (CEU) Closes the Market

  • CES Energy Solutions Corp. Announces Voting Results of the Election of Directors

  • CES Energy Solutions Corp. Announces Closing of Senior Unsecured Notes Offering

  • CES Energy Solutions Corp. Announces Closing of Senior Unsecured Notes Offering

  • CES Energy Solutions Corp. Announces Refinancing of Its 6.875% Senior Unsecured Notes With 5.625% Senior Unsecured Notes

  • CES Energy Solutions Corp. Announces Strong Q1 2026 Results With Record Revenue and Declares Cash Dividend

  • CES Energy Solutions (OTCMKTS:CESDF) Shares Pass Below 50-Day Moving Average – Should You Sell?

  • CES Energy Solutions (OTCMKTS:CESDF) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

  • CES Energy Solutions Corp. (CEU:CA) Q4 2025 Earnings Call Transcript

  • Trican Well Service (OTCMKTS:TOLWF) & CES Energy Solutions (OTCMKTS:CESDF) Head-To-Head Survey

  • CES Energy Solutions (OTCMKTS:CESDF) and Pgs Asa (OTCMKTS:PGEJF) Critical Survey

  • Head to Head Comparison: CES Energy Solutions (OTCMKTS:CESDF) & SBM Offshore (OTCMKTS:SBFFY)

  • CES Energy Solutions Corp. (CEU:CA) Q3 2025 Earnings Call Transcript

  • CES Energy Solutions: Still Attractive Despite Strong YTD Share Price Performance

  • CES Energy Solutions Corp. (CESDF) Q2 2025 Earnings Call Transcript

  • CES Energy Solutions Corp. (CESDF) Q1 2025 Earnings Call Transcript

  • CES Energy Solutions: Solid Q4 Report Prompts Upgrade To Strong Buy

  • CES Energy Solutions Corp. (CESDF) Q4 2024 Earnings Call Transcript

  • CES Energy Solutions Corp. (CESDF) Q3 2024 Earnings Call Transcript