CES Energy Solutions Corp.

CES Energy Solutions Corp.

11.40
EUR
-0.20
(-1.72%)
0.57EPS
17.83P/E
2.15BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
12.6
Basic EPS, GAAP
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
0.93
Free Cash Flow per Basic Share
-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
0.89
Dividend per Share
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
0.18
Book Value per Share
1.79
2.51
2.41
2.17
2.21
2.62
2.57
1.76
1.92
2.39
2.79
3.61
3.8
4.2
Tangible Book Value per Share
0.03
0.5
0.92
0.78
0.88
1.21
1.25
1.38
1.59
2.06
2.45
3.21
3.29
3.67
Basic Weighted Avg Shares
190
208
218
243
266
268
266
263
255
255
249
232
219
213
Sales/Revenue/Turnover
663
973
750
568
1,030
1,271
1,277
888
1,196
1,922
2,164
2,354
2,494
2,683
Operating Margin (%)
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
10.35
Depreciation Expense
27
41
55
61
65
64
76
76
68
74
73
86
104
110
Net Income, GAAP
37
68
-92
-65
36
48
30
-223
50
95
155
191
205
198
Effective Tax Rate (%)
28.21
26.49
- -
- -
- -
7.57
28.23
- -
4.68
24.88
18.43
19.01
20.22
21.82
Profit Margin (%)
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
7.36
Working Capital
197
307
230
222
350
420
348
272
443
666
583
641
651
714
LT Debt
310
368
306
306
414
474
386
298
421
528
415
402
442
449
Total Equity
361
540
532
569
593
698
679
456
487
609
658
814
802
884
Return on Invested Capital (%)
10.46
10.81
- -
- -
- -
6.16
4.43
- -
8.35
12.04
15.95
18.08
16.86
16.37
Return on Capital (%)
10.32
10.5
- -
- -
- -
6.53
4.37
- -
8.26
11.24
16.28
18.45
18.27
16.26
Return on Common Equity (%)
12.94
15.04
-17.22
-11.73
6.24
7.4
4.37
-39.28
10.59
17.38
24.41
25.96
25.34
23.62

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
39
39
41
LT Borrowings
382
376
393
LT Finance Leases
60
56
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
211
211
210
Market Capitalization
2,580
4,002
3,478

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,000
1,062
1,134
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
427
553
569
Inventories
415
429
478
Total Current Liabilities
349
387
420
Payables & Accruals
284
303
332
ST Debt
39
39
41
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

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

CAD

•

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
714
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.2
0.2
0.18
0.82
2025
0.2
0.23
0.19
0.32
0.93
2026
0.24
0.18
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.03
0.03
0.12
2025
0.03
0.04
0.04
0.04
0.16
2026
0.04
0.06
- -
- -
- -

Company Description

CEO
Kenneth E. Zinger
Full Time Employees
2,707
Sector
Process industries
Industry
Chemicals: major diversified
Address
332-6th Avenue SW Calgary AB Canada T2P 0B2
IPO Date
Mar 2, 2006
Business
CES Energy Solutions Corp. operates as a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of oilfields in North America. The company manufactures and sells products including drilling fluid chemicals, completion and stimulation additives, production chemical solutions, and midstream/pipeline chemistry. It offers key chemical products such as corrosion inhibitors, demulsifiers, hydrogen sulfide scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and specialty fluids. CES delivers these solutions primarily to the oil and gas industry across major resource plays and basins in the United States—including the Permian, Eagleford, Bakken, Marcellus, and Scoop/Stack—and the Western Canadian Sedimentary Basin, supporting conventional and unconventional producers with a combination of in-house formulation, near-field manufacturing, and field-level technical consulting under various trade names like AES Drilling Fluids, AES Completion Services, Jacam Catalyst, Superior Weighting Products, Canadian Energy Services, and PureChem Services. The company operates multiple chemical manufacturing, reacting, and blending facilities across North America, complemented by thirteen lab facilities devoted to research and development. Founded in 1986, CES Energy Solutions is headquartered in Calgary, Alberta. In recent developments, CES Energy Solutions completed the acquisition of Hydrolite Operating LLC on July 1, 2024, expanding its portfolio in the Permian Basin with comprehensive completion fluids solutions, including advanced mixing plant services and onsite solids processing. The company reported record revenue and adjusted EBITDAC in 2024, supported by disciplined capital expenditures focused on expansion and maintenance. CES also increased its quarterly dividend by 42% in early 2025, reflecting strong cash flow and financial performance. Additionally, CES continues to strengthen its capital structure through amended and extended senior credit facilities and strategic financial management. The company emphasizes ongoing investment in research and development, innovation, and expanding its scientific and technical workforce to maintain its competitive advantage in consumable chemical solutions for oilfield service applications.

Company News

  • CES Energy Solutions Corp. Provides Q3 2026 Conference Call Details

  • CES Energy Solutions Q2 Earnings Call Highlights

  • CES Energy Solutions Corp. Announces Record Q2 2026 Results and Declares Cash Dividend

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

  • CES Energy Solutions Corp. (CEU) ferme les marchés

  • 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