Sunday, April 10, 2016 4:02:44 PM
2014 backlog was $68,000m , revenue was $79,605m
2015 backlog is $36,000. Only a few new contracts awarded and those earnings will not come to quarter 2 and beyond.
Company seems to have strong leadership and been very proactive. I see a solid future when the oil industry rebounds, but that money will not flow until after industry has improved and profits start to fill the coffers. This is very likely multiple quarters and quite probably a year away minimum. The delisting bullet seems to have been dodged, but this is likely only temporary as the stock will likely be below $1 soon. Like I said, please correct me as I am looking to get it. Just seems prudent to wait for the bottom.
Recent ENG News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 11:02:00 AM
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- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 11:32:28 AM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 11:01:40 AM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:00:40 PM
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