NISKU, AB, July 3, 2018 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company“) (TSX: HYD) announces the results of its annual and special meeting of shareholders (the “Meeting“) and board of directors’ (the “Board“) meeting held on June 29, 2018 in Leduc, Alberta.

The Company wishes to thank outgoing directors for their service to the Company. David Yager was a director since 2013 and Chair of the Board since 2016.  He has made substantial contributions to the Company during his term by contributing his industry knowledge and experience. Jesse Gill served as a director of the … Continue Reading

NISKU, AB, May 31, 2018 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) (HYD – TSX) announces that effective May 31, 2018, the board of directors of the Company has appointed Mr. Nick Cristiano as Chief Financial Officer and Corporate Secretary.  The Company wishes to thank Mr. Jimmie Yeung for his service to Hyduke.

Mr. Cristiano is a CPA with many years of business and financial management experience highlighted in five key areas: growing enterprise value, developing business strategy, cutting costs, maximizing cash flow and profitability, and enhancing shareholder value.   Mr. Cristiano has been the CFO … Continue Reading

NISKU, AB, May 15, 2018 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) (HYD – TSX) announced operating results for the three months ended March 31, 2018. Hyduke’s Financial Statements and Management Discussion & Analysis have been filed with regulators and are available at www.sedar.com.

Unless otherwise stated, tabular amounts presented are expressed in thousands of Canadian dollars and per-share figures in dollars per weighted average common share.

SELECTED FINANCIAL INFORMATION

Three months ended

March 31, 2018

Year-over-year
change (%)

Three months ended

March 31, 2017

Revenue

12,206

102.3%

6,033

Cost of goods sold

9,835… Continue Reading

NISKU, AB, April 2, 2018 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) (HYD – TSX) announced operating results for the year ended December 31, 2017. Hyduke’s Financial Statements and Management Discussion & Analysis have been filed with regulators and are available at www.sedar.com.

Unless otherwise stated, tabular amounts presented are expressed in thousands of Canadian dollars and per-share figures in dollars per weighted average common share.

SELECTED FINANCIAL INFORMATION

(all amounts herein are in thousands)

Year ended

Year-over-year
change
(%)

Year ended

Year ended

 Dec 31, 2017

31-Dec-16

31-Dec-15

(restated)(1)

(restated)(1)

Revenue

42,848

238.3%… Continue Reading

NISKU, AB, Nov. 14, 2017 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) (HYD – TSX) announced operating results for the nine months ended September 30, 2017 and 2016. Hyduke’s Financial Statements and Management Discussion & Analysis have been filed with regulators and are available at www.sedar.com.

Unless otherwise stated, tabular amounts presented are expressed in thousands of Canadian dollars and per-share figures in dollars per weighted average common share.

SELECTED FINANCIAL INFORMATION

Three months

ended

September 30,

2017

Year-over-

year

change

(%)

Three months

ended

September 30,

2016

(restated)(1)

Nine

months

ended

September

30, 2017… Continue Reading

NISKU, AB, Aug. 17, 2017 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) announces effective immediately James M. Hill has resigned as a director and Interim Chief Financial Officer of the Company due to personal circumstances. We at Hyduke thank Mr. Hill for his contributions and efforts. Hyduke has begun the process of seeking a qualified director to replace Mr. Hill.

Jimmie Yeung, CPA CGA, has agreed to join Hyduke as Chief Financial Officer as soon as he completes his current commitments in the next few weeks. Mr. Yeung has held numerous positions of increasing responsibility … Continue Reading

NISKU, AB, Aug. 14, 2017 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) (HYD – TSX) announced operating results for the six months ended June 30, 2017 and 2016. Hyduke’s Financial Statements and Management Discussion & Analysis have been filed with regulators and are available at www.sedar.com.

SELECTED FINANCIAL INFORMATION

Three months
ended

June 30, 2017

Year-over-year
change (%)

Three months
ended

June 30, 2016
(restated)(1)

Six months
ended

June 30, 2017

Year-over-year
change (%)

Six months
ended
June 30, 2016
(restated)(1)

Revenue

12,253

250%

3,496

18,287

185%

6,410

Cost of goods sold

11,114

229%

3,375

16,443… Continue Reading

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

NISKU, AB, June 13, 2017 /CNW/– Hyduke Energy Services Inc. (“Hyduke” or the “Company“) today announced that, at its annual meeting of shareholders held on June 13, 2017, Hyduke shareholders approved all resolutions outlined in the Notice of Meeting and Management Information Circular dated May 10, 2017, which is available on SEDAR at www.sedar.com.

1.     Fixing the Number of  Directors and Election of Directors
By resolution passed by show of hands, all six proposed nominees were elected as directors of … Continue Reading

NISKU, AB, May 11, 2017 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) (HYD – TSX) announced operating results for the three months ended March 31, 2017 and 2016. Hyduke’s Financial Statements and Management Discussion & Analysis have been filed with regulators and are available at www.sedar.com.

SELECTED FINANCIAL INFORMATION

Three months ended

March 31, 2017

Year-over-year
change (%)

Three months ended

March 31, 2016

(restated)(1)

Revenue

6,033

107.0%

2,914

Cost of goods sold

5,328

74.6%

3,051

Gross margin(2)

705

(137)

Gross margin %

11.7%

(4.7%)

Selling, general & administrative

1,526

0.8%

1,538

EBITDAS – continuing … Continue Reading

NISKU, AB, May 9, 2017 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company”) announced today that it has entered into a definitive construction contract with AltaGas Ltd. (“AltaGas”) to provide steel fabrication and construction services for the assembly and completion of the 95,000 cubic metre propane storage tank for AltaGas’ Ridley Island Propane Export Terminal, located on Ridley Island, near Prince Rupert, B.C. (the “Project.”)

“We are excited to have been awarded this contract and look forward to developing a long-standing relationship with AltaGas for current and future endeavors,” said Pat Ross, Chief Executive Officer … Continue Reading

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

NISKU, AB, April 6, 2017 /CNW/ – Hyduke Energy Services Inc., (“Hyduke” or the “Company“) is pleased to announce the closing of the previously announced (April 3, 2017) acquisition (the “Acquisition“) by Hyduke of all of the issued and outstanding common shares of Avalanche Metal Industries Ltd. (“Avalanche“), a private corporation engaged in the business of structural steel manufacturing, including production tanks, steps and ladders for production tanks and other equipment for industries including the oilfield and forestry. Based in Kelowna, … Continue Reading

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

NISKU, AB, April 3, 2017 /CNW/ – Hyduke Energy Services Inc. (“Hyduke” or the “Company“) is pleased to announce that it has entered into a Share Purchase Agreement (the “Agreement“) to purchase (the “Acquisition“) all of the issued and outstanding shares of Avalanche Metal Industries Ltd. (“Avalanche“), a private corporation engaged in the business of structural steel manufacturing, including production tanks, steps and ladders for production tanks and other equipment for industries including the oilfield and forestry. Based in Kelowna, B.C., Avalanche … Continue Reading