CES Energy Solutions Reports Record Q1 2025 Revenue

CES Energy Solutions Corp ( (CESDF) ) has released its Q1 earnings. Here is a breakdown of the information CES Energy Solutions Corp presented to its investors.

CES Energy Solutions Corp. is a leading provider of advanced consumable chemical solutions for the oilfield sector, offering services throughout the lifecycle of oilfield operations in major basins across the United States and Canada.

In its latest earnings report for Q1 2025, CES Energy Solutions Corp. announced record revenue figures, demonstrating strong financial performance and resilience in a challenging market environment. The company also declared a quarterly dividend, reflecting its commitment to returning value to shareholders.

The company reported a record quarterly revenue of $632.4 million, marking a 7% increase year over year. Despite a decrease in net income by 19% compared to the previous year, CES maintained a robust Adjusted EBITDAC of $99.9 million with a 15.8% margin. The company also returned $28.1 million to shareholders through dividends and share repurchases. CES’s operations in Canada and the US showed significant revenue growth, with Canadian revenues setting a new quarterly record.

CES Energy Solutions Corp. continues to leverage its capex-light, asset-light business model, generating significant free cash flow and maintaining a conservative leverage ratio. The company’s strategic positioning and focus on delivering high-quality chemical solutions have allowed it to overcome challenges such as fluctuating rig counts in the US and increased working capital requirements.

Looking ahead, CES remains optimistic about its ability to capitalize on industry trends and maintain its strong financial performance. The company plans to continue its disciplined approach to capital expenditures and leverage its established infrastructure to support ongoing growth and shareholder value creation.