ENGlobal Corporation provides engineering and automation services primarily to the energy sector in the United States and internationally. It operates through two segments, EPCM and Automation. The EPCM segment provides multi-disciplined engineering services relating to the development, management, and execution of projects requiring professional engineering and related project management services. It offers feasibility studies, engineering, design, procurement, construction management, project definition, cost estimating, environmental compliance, project management, and fabrication services. The Automation segment provides design, integration, and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, and information technology, as well as the maintenance of these systems primarily to the energy industry. This segment also designs, assembles, integrates, and services control and instrumentation systems for specific applications in the energy and processing related industries. The company serves Fortune 500 companies in the energy industry and the United States government. ENGlobal Corporation company was founded in 1985 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NASDAQ
Website: englobal.com
HOUSTON, TX / ACCESSWIRE / November 12, 2024 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced it has filed its third quarter 2024 report on Form 10-Q with the U.S. Securities and Exchange Commission for the three-months ended September 28, 2024. The report details ENGlobal's financial and operational results.Revenues for the three months ended September 28, 2024 were $5.7 million compared to $9.5 million for the same period in 2023. Net loss improved for the quarter by $0.2 million to $0.5 million from a net loss of $0.7 million for the same period a year ago.Results for the three-month periods include
HOUSTON, TX / ACCESSWIRE / August 8, 2024 / ENGlobal Corporation (NASDAQ:ENG) today announced results for the quarter ended June 29, 2024. ENGlobal's emphasis on refocusing its business on its core engineering, automation, systems integration, and government services businesses continued in the second quarter with steady progress on operational and financial fronts.Through a continued reduction in costs and a focus on margins, ENGlobal financials continue to improve. While the Company reported a net loss of $1.2 million for the three-months ended June 29, 2024, that is an improvement compared to a loss of $1.4 million in the first quarter of 2024 and $4.3 million in the second quarter of 202
HOUSTON, TX / ACCESSWIRE / May 9, 2024 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced it has filed its first quarter 2024 report on Form 10-Q with the U.S. Securities and Exchange Commission for the three-months ended March 30, 2024. The report details ENGlobal's financial and operational results."ENGlobal continued to make progress in repositioning its business in the first three months of 2024 as we focus on returning to our roots as a firm providing best-in-class project engineering and automation services to both private sector and government clients," said William A. Coskey, P.E. Chairman and Ch
HOUSTON, TX / ACCESSWIRE / March 28, 2024 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, announced that it will file its 2023 annual report on Form 10-K with the U.S. Securities and Exchange Commission for the year ended December 30, 2023 no later than Friday. The report details ENGlobal's financial and operational results."For ENGlobal, 2023 was both a challenging year as well as a year of transition and repositioning for the Company," said William A. Coskey, P.E., Chairman and Chief Executive Officer of ENGlobal Corporation. "While we continue to address a number of challenges from legacy projects, we have worked
HOUSTON, TX / ACCESSWIRE / December 19, 2023 / ENGlobal Corporation ("ENGlobal" or the "Company") (NASDAQ:ENG), a provider of innovative engineering project solutions for the energy industry, today announced that the Company received notice from The Nasdaq Stock Market, LLC ("Nasdaq"), dated December 15, 2023, informing ENGlobal that it has regained compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq.As previously disclosed, on December 21, 2022, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Nasda
HOUSTON, TX / ACCESSWIRE / November 29, 2023 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced that it will effect a one-for-eight reverse split of its common stock, effective at 11:59 pm, Eastern Standard Time, on November 30, 2023 (the "Effective Time").The reverse stock split is intended to increase the per share trading price of the Company's common stock to satisfy the minimum bid price requirement for continued listing on The Nasdaq Capital Market. As a result of the reverse stock split, every eight shares of the Company's common stock issued and outstanding at the Effective Time will be consolida
HOUSTON, TX / ACCESSWIRE / November 13, 2023 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced it has filed its third quarter report on Form 10-Q with the U.S. Securities and Exchange Commission for the quarter ended September 30, 2023. The report details ENGlobal's third quarter financial and operational results."ENGlobal continued to make significant progress in our quest to reemerge as a leading project engineering and automation company in the third quarter," said William A. Coskey, P.E., ENGlobal's Founder, Chairman and Chief Executive Officer. "While we still have a number of important initiatives
HOUSTON, TX / ACCESSWIRE / August 10, 2023 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions for the energy industry, today announced that it has filed its second quarter report on Form 10-Q with the U.S. Securities and Exchange Commission for the quarter ended July 1, 2023. The report details ENGlobal's second quarter financial and operational results."While ENGlobal continued to address the challenges of legacy projects and operations in the second quarter that resulted in continued losses, we continue to make progress in repositioning the Company with a focus on engineered project delivery and automation services," said William A. Coskey, P.E., EN
HOUSTON, TX / ACCESSWIRE / July 3, 2023 / ENGlobal Corporation's (NASDAQ:ENG) 2023 annual shareholders' meeting was held on June 29, 2023 in Houston.Approximately 62% of ENGlobal's total common stock outstanding was represented at the meeting, either in person or by proxy. Of those shares, at least 95% were cast in favor of the election of William A. Coskey, P.E., Lloyd G. Kirchner, Christopher D. Sorrells, Kevin M. Palma, and Margaret K. Lassarat to a one-year term on our Board of Directors and approximately 99% were cast in favor of the ratification of the appointment of Moss Adams for the fiscal year 2023. Our proposals to amend our Restated Articles of Incorporation to effect, at the dis
HOUSTON, TX / ACCESSWIRE / June 28, 2023 / ENGlobal Corporation (NASDAQ:ENG), a leading provider of innovative engineering project solutions for the energy industry, today announced it had received notification from the NASDAQ Stock Market ("NASDAQ") indicating that the Company will have an additional 180-day grace period, or until December 18, 2023, to regain compliance with NASDAQ's $1.00 minimum bid requirement.The notification indicated that the Company did not regain compliance during the initial 180-day grace period provided under the rule. In accordance with NASDAQ Marketplace Rule 5810(c)(3)(A), the Company is eligible for the additional grace period because it meets the initial list
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HOUSTON, TX / ACCESSWIRE / March 31, 2023 / ENG (NASDAQ:ENG), a leading provider of innovative engineering project solutions for the energy industry, today announced that it has filed its annual report on Form 10-K with the U.S. Securities and Exchange Commission for the year ended December 31, 2022. The report details ENGlobal's annual financial and operational results."While ENGlobal faced a number of challenges in 2022, we are optimistic that 2023 will be a year of transition and positive positioning for our Company," said William A. Coskey, Executive Chairman of ENGlobal. "Since my return to a daily leadership role in mid-February we have begun to take a careful, critical look at our bus
HOUSTON, TX / ACCESSWIRE / November 30, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, today said that six contract awards announced on the company's November 8, 2022 third quarter results conference call will produce minimum combined revenue of over $12 million, most of which will be recognized in this year's fourth quarter. The awards, which were received thus far in the fourth quarter, include:Construction installation services related to two solar farm projects in Texas;Signing of a master services agreement (MSA) with a leading integrated oil services company (IOC) resulting in construction and fabrication services for produ
HOUSTON, TX / ACCESSWIRE / November 8, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, today reported revenue of $13.1 million for the third quarter ended September 24, 2022, a 121% increase on revenue of $5.9 million for the third quarter ended September 25, 2021.The company's $7.2 million increase in third quarter revenue over last year was primarily due to progress of work on existing contracts and new awards within the Government Services segment and the award of several new projects within the Commercial segment.The company reported a net loss of $2.3 million, or $(.07) per share, versus net income of $2.4 million, or $.07 pe
HOUSTON, TX / ACCESSWIRE / November 7, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, will host a conference call tomorrow, Tuesday, November 8, 2022 at 9:00 am Eastern time to discuss the company's third quarter 2022 financial results, which will be announced at 8:00 am that day.CEO Mark Hess, CFO Darren Spriggs, and President Roger Westerlind will cover ENG's Q3 2022 highlights, provide updates on potential contract awards, and discuss the company's growth outlook for the remainder of the year.To participate in the conference call, please dial in five to ten minutes before the call:(Toll Free) 877-545-0523 domestically, or 973-
HOUSTON, TX / ACCESSWIRE / October 26, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, today announced that management will host a conference call on Tuesday, November 8, 2022 at 9:00 am Eastern time to discuss the company's third quarter 2022 financial results, which will be announced at 8:00 am Eastern time that day.CEO Mark Hess, CFO Darren Spriggs, and President Roger Westerlind will cover ENG's Q3 2022 highlights, provide updates on potential contract awards, and discuss the company's growth outlook for the remainder of 2022.To participate in the conference call, please dial in five to ten minutes before the call:(Toll Free)
HOUSTON, TX / ACCESSWIRE / August 4, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, announced today that for the second quarter ended June 25, 2022 it reported a net loss of $1.5 million, or $(.04) per share, on revenue of $11.4 million, compared with a net loss of $4.3 million, or $(.14) per share, on revenue of $11.1 million for the second quarter ended June 26, 2021."We have seen steady growth in our bookings, revenue and backlog over the last four quarters, said chief executive Mark A. Hess. Our revenue was $5.9 million in Q3 last year, $7.0 million in Q4 last year, $7.4 million in Q1 this year and $11.4 million this quarter,
HOUSTON, TX / ACCESSWIRE / August 3, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, will host a conference call tomorrow, Thursday, August 4, 2022 at 9:00 am Eastern time to discuss the company's second quarter 2022 financial results, which will be announced at 8:00 am that day.CEO Mark Hess, CFO Darren Spriggs, and President Roger Westerlind will cover ENG's Q2 2022 highlights, provide updates on potential contract awards, and discuss the company's growth outlook for the remainder of the year.To participate in the conference call, please dial in five to ten minutes before the call:(Toll Free) 888-506-0062 domestically, or 973-52
HOUSTON, TX / ACCESSWIRE / May 19, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, today announced the acquisition of Calvert Group Belgium (Calvert) and its exclusive license to patented gas to liquid (GTL) technology to convert flare gas and stranded gas to synthetic liquids such as crude oil or diesel. Calvert's GTL process has been recognized by The World Bank's "Global Gas Flaring Reduction Partnership" (GGFR) as one of the leading technologies in small scale GTL for flare gas recovery.This patented gliding plasma GTL technology requires no pre-treatment or separation of feed gas, accommodates condensates and is low power con
HOUSTON, TX / ACCESSWIRE / May 5, 2022 / ENG (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, today announced that, for the first quarter ended March 26, 2022, it reported a net loss of $3,620,000, or $(.10) per share, on revenue of $7,366,000, compared to net income of $46,000, or $.00 per share, on revenue of $12,449,000 for the first quarter ended March 27, 2021."While our first quarter 2022 financial performance was still adversely affected by the lingering disruptions to our business caused by COVID-19," said chief executive Mark Hess, "we see solid signs that these disruptions are fading and that we are well-positioned to make a turnaro
HOUSTON, TX / ACCESSWIRE / May 4, 2022 / ENGlobal (NASDAQ:ENG), a leading provider of innovative project delivery solutions for the energy industry, will host a conference call tomorrow, Thursday, May 5, 2022 at 9:00 am Eastern time, to discuss the company's first quarter 2022 financial results, which will be announced at 8:00 am that day.CEO Mark Hess, CFO Darren Spriggs, and President Roger Westerlind will cover ENGlobal's first quarter 2022 highlights, provide updates on potential contract awards, and discuss the company's growth outlook for the remainder of the year.To participate in the conference call, please dial in five to ten minutes before the call:(Toll Free) 888-506-0062 domestic
HOUSTON, TX / ACCESSWIRE / July 3, 2023 / ENGlobal Corporation's (NASDAQ:ENG) 2023 annual shareholders' meeting was held on June 29, 2023 in Houston.Approximately 62% of ENGlobal's total common stock outstanding was represented at the meeting, either in person or by proxy. Of those shares, at least 95% were cast in favor of the election of William A. Coskey, P.E., Lloyd G. Kirchner, Christopher D. Sorrells, Kevin M. Palma, and Margaret K. Lassarat to a one-year term on our Board of Directors and approximately 99% were cast in favor of the ratification of the appointment of Moss Adams for the fiscal year 2023. Our proposals to amend our Restated Articles of Incorporation to effect, at the dis
HOUSTON, TX / ACCESSWIRE / August 27, 2021 / ENGlobal's (NASDAQ:ENG) 2021 annual stockholders' meeting was held yesterday morning in Houston.Approximately 58% of ENGlobal's total common stock outstanding was represented at the meeting, either in person or by proxy. Of the shares cast for each respective proposal, approximately 99% were cast in favor of the election of William A. Coskey, P.E., Mark A Hess, Lloyd G. Kirchner, Christopher D. Sorrells, and Kevin M. Palma to a one-year term on our Board of Directors, approximately 99% were cast in favor of the ENGlobal Corporation 2021 Long Term Incentive Plan, and approximately 99% were cast in favor of the ratification of the appointment of Mos
HOUSTON, TX / ACCESSWIRE / March 1, 2021 / ENGlobal Corporation (NASDAQ:ENG), a leading provider of complete project solutions, today announced that, effective March 12, 2021, William A. Coskey, P.E., is retiring as CEO, and will be replaced by current CFO, Corporate Secretary and Treasurer Mark A. Hess. Mr. Coskey, who co-founded the company 1985, will stay on as ENGlobal's chairman. ENGlobal also announced that Roger Westerlind, who is serving as President of the company's ENGlobal U.S., Inc. subsidiary, will be named President of ENGlobal, and that Darren Spriggs, who is serving as the company's Corporate Controller, will replace Mr. Hess as CFO, Corporate Secretary and Treasurer. "It