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Thanks to an outstanding performance of its Directional Drilling & Utility Installation division, Enterprise Group Inc. (E – $0.17) recorded an income from operations of $417,000 for the second quarter, ending June 30, 2012 versus a loss of $1.16 million in the comparable period last year. Revenues for the second quarter of 2012 reached $3.89 million, up almost 49% compared […]
Read moreEnterprise Group Inc. (E – $0.18), which recently changed its name from Enterprise Oilfield Group, Inc. to better reflect its diversified operations, signed a Letter Of Intent (LOI) to acquire a utility services & maintenance company out of Edmonton, Alberta. Until the deal is closed, the name of the private company won’t be disclosed, but Enterprise did mention that it’s […]
Read moreEnterprise Oilfield Group, Inc. (E – $0.15) is active in the pipeline construction & maintenance, directional drilling & utility installation and heavy equipment rentals industries. All three divisions are performing very well, and as such the Company has experienced a significant turnaround since the second half of 2011. With the price of oil consistently over $90 per barrel, oil companies […]
Read moreIn our latest audio interview, we spoke with Mr. Leonard Jaroszuk, the President and CEO of Enterprise Oilfield Group, Inc (E – $0.175). This Company initially caught our eye because of its remarkable turnaround as it went from a $5.5 million dollar loss in 2010 to a $66,000 profit in 2011. Additionally, Enterprise’s stock price is around the same level […]
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