CES Energy Solutions Corp. (CESDF)
CES Energy Solutions Corp. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $13.90, up 3.81% on the session, giving a market capitalisation of $2.93B. On trailing twelve-month figures it carries a trailing P/E of 20.91, a net margin of 7.4%. Its beta of 0.97 implies it has historically moved less than the broad market.
CES Energy Solutions Corp., along with its affiliated companies, is a prominent entity in the energy sector, dedicated to the development, production, and supply of advanced consumable fluids and specialized chemical solutions. The company’s offerings support crucial stages of hydrocarbon extraction and transport, addressing specific requirements from the drill bit and well completion/stimulation phases to wellhead and pump-jack operations, as well as pipeline and midstream infrastructure. Their extensive portfolio features essential chemical compounds such as corrosion inhibitors, demulsifiers, hydrogen sulfide (H2S) scavengers, paraffin control agents, surfactants, scale inhibitors, biocides, and various other tailored chemical formulations. Beyond chemical manufacturing, CES Energy Solutions Corp. also specializes in engineering and deploying comprehensive drilling fluid systems and customized completion solutions for oil and gas producers. They further design and produce a range of production and specialty chemicals specifically for oil and natural gas production, stimulation, fracturing, and pipeline/midstream applications. The company augments its service capabilities by operating its own fleet of trucks and trailers, ensuring effective product distribution throughout the oil and gas industry. Additionally, CES Energy Solutions Corp. offers expertise in environmental consulting, water resource management, and drilling fluids waste disposal services, primarily catering to oil and gas producers. A full suite of laboratory services is also provided. The company serves a diverse client base within the oil and natural gas industry, encompassing multinational corporations, intermediate and independent operators, and joint ventures, in addition to the pipeline and midstream sectors. Their operational scope covers both Western Canada and the United States. Established in 1986 and headquartered in Calgary, Canada, the company adopted its current name, CES Energy Solutions Corp., in June 2017, having previously operated as Canadian Energy Services & Technology Corp.
CES Energy Solutions Corp. is most often compared with the following Energy names: