TSX:E C$1.67 ▲ 3.7%  ·  OTCQB:ETOLF US$1.19 ▲ 0.8%

Evolution PowerX Corp.

Since 2004, we have been advancing Canada's energy industry — specialized equipment and services in the build-out of infrastructure for the energy, pipeline, and construction sectors. The innovation and expertise of our operating companies have distinguished them as best-in-class to their blue-chip client base.

>18%5-yr revenue CAGR
~34%LTM Adj. EBITDA margin
$16.6MLTM op. cash flow · pre-WC
30%Insider ownership
Cleaner energy solutions

Natural gas power.

Our natural gas–to–electricity microgrids replace multiple diesel generators on site — eliminating thousands of litres of diesel fuel daily while dramatically reducing on-site sound volumes.

Innovation & expertise

Leading the industry.

Pioneers of thermal pipeline expansion — our patented flameless heat technology stretches, dries, and commissions pipelines in conditions as cold as −40°C. One of 20+ patented custom designs from two decades of purpose-built innovation.

Comprehensive equipment solutions

Site infrastructure.

Through Hart and Westar Oilfield Rentals, we provide comprehensive equipment and site-infrastructure solutions for energy operations across Western Canada — ensuring reliable, efficient project execution.

$120MOf assets · property & equipment
10Strategic locations across Western Canada
3,000+Pieces of equipment serving our clients
2004Serving Canada's energy industry since
The Company

Strong since 2004.

Evolution PowerX Corp — formerly Enterprise Group Inc. — is a leading provider of site power systems, infrastructure, and services to Canada's resource and construction industries, and the market leader in natural gas turbine electrification. Two divisions, five subsidiaries, one blue-chip client base across Western Canada.

News & Media

View all news →
Operating impact to date: 630M+ cubic feet of flare gas avoided · 620M kWh generated · 800M lbs of CO₂ prevented
Market Spotlight

Powering the clean transition to natural gas.

North America is heading into its biggest decade of electricity demand growth ever — driven by industrial expansion, on-shoring, and electrification. Natural gas is the abundant, lowest-capital-cost answer, and Western Canada sits on generational supply.

35–50%Projected U.S. electricity demand growth, 2024–2040
>$60BOf new Canadian LNG export projects announced — 31+ Mtpa of capacity
#1Natural gas leads U.S. generation capacity at 567 GW
160+ yrsOf marketable natural gas supply in Western Canada
Lowest upfront capital cost per kW of any new generation source Canadian gas rig count crossed 70 to open 2026 — the strongest activity since early 2024
Evolution Power Projects natural gas turbine microgrid unit in the field at dusk
Reinventing power in a changing world — an Evolution Power Projects turbine microgrid unit, field-deployed
Our Companies

Five subsidiaries. Two divisions.

The Power Solutions division sets the standard in mobile natural gas-to-electricity generation; the Site Infrastructure division backs it with equipment, accommodations, and flameless heat — 20+ patented custom designs serving blue-chip clients across Western Canada.

Formerly Enterprise Group Inc. (TSX:E) — specialized service to Canada's energy sector since 2004, now powering the clean transition to natural gas.

Investors

Strategic growth.

Evolution PowerX trades on the Toronto Stock Exchange and the OTCQB. Everything an investor needs — filings, presentations, coverage, and governance — is one click away.

Toronto Stock Exchange TSX:E
C$1.67▲ 3.7%
Quotes delayed · last verified July 27, 2026
OTCQB Venture Market OTCQB:ETOLF
US$1.19▼ 1.8%
U.S. investors · trades in USD

Quarterly revenue momentum

Three consecutive quarters of double-digit year-over-year growth
Q1 2026 Adjusted EBITDA of $5.4M — a 45% margin, up from 43% a year earlier. Full statements →

Corporate snapshot

Exchange listings
TSX:E · OTCQB:ETOLF
FY2025 revenue
$36.4M · +5% YoY
FY2025 Adj. EBITDA
$11.8M · 32% margin
Operating since
2004 · St. Albert, Alberta
Structure
2 divisions · 5 subsidiaries
Insider ownership
~30%
Capital returns
12.2M shares retired via NCIB
Research coverage Acumen Capital Canaccord Genuity Raymond James Fundamental Research Analyst coverage →
Contact

Talk to the people who run the company.

Investor relations here is a direct line to management — no gatekeepers. Institutional, retail, and commercial inquiries welcome.

Leonard D. Jaroszuk Chairman & C.E.O. 780.418.4400 ld.jaroszuk@evolutionpowerx.com
Desmond O'Kell President & Director 825.223.1104 des.okell@evolutionpowerx.com