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CES Energy Solutions Corp. Announces Strong Q1 2026 Results With Record Revenue and Declares Cash Dividend
CES Energy Solutions Corp. ("CES" or the "Company") (TSX: CEU) (OTC: CESDF) is pleased to a...
About this update from Ces Energy Solutions Corp
[{"type":"text","content":"CES Energy Solutions Corp. Announces Strong Q1 2026 Results With Record Revenue and Declares Cash Dividend\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth15 { width: 15% }\n.bwwidth16 { width: 16% }\n.bwwidth20 { width: 20% }\n.bwwidth37 { width: 37% }\n.bwwidth68 { width: 68% }\n \n\n\n\n\n CES Energy Solutions Corp.\n \n (\"CES\" or the \"Company\")\n \n (TSX: CEU) (OTC: CESDF)\n \n is pleased to announce strong financial results for the three months ended March 31, 2026. The Company’s Board of Directors also approved a quarterly dividend of $0.055 per share, which will be paid on July 15, 2026, to the shareholders of record at the close of business on June 30, 2026.\n \n\n\n Record quarterly revenue of $681.5 million, increased 8% year over year\n \n\n Quarterly Adjusted EBITDAC of $111.7 million at a 16.4% margin, increased 12% year over year\n \n\n Quarterly Cash Flow from Operations of $69.1 million and Free Cash Flow of $33.1 million\n \n\n Conservative leverage of 1.18x Total Debt/Adjusted EBITDAC, on a trailing twelve month basis\n \n\n Returned $25.7 million to shareholders in the quarter through $9.0 million in dividends and $16.7 million for the repurchase of 1.3 million shares at an average price of $13.01 per share\n \n\n\n CES' first quarter results continue to demonstrate the significant merits of its unique business model. CES continued to provide mission critical chemical solutions enabling our customers to succeed in an era of high service intensity levels, and increasingly complex drilling fluids and production chemical technological requirements.\n \n\n These unique characteristics continued to produce strong financial results and notabl...