Conference Call Participants
John Gibson – BMO Capital Markets Equity Research
Keith MacKey – RBC Capital Markets, Research Division
Jonathan Goldman – Scotiabank Global Banking and Markets, Research Division
Presentation
Operator
Hello, and welcome to the CES Energy Solutions Fourth Quarter 2025 Results Conference Call. [Operator Instructions]
I would now like to turn the conference over to Tony Aulicino, Executive Vice President and CFO. You may begin.
Anthony Aulicino
Executive VP & CFO
Good morning, everyone, and thank you for attending today’s call. I’d like to note that in our commentary today, there will be forward-looking financial information and that our actual results may differ materially from the expected results due to various risk factors and assumptions. These risk factors and assumptions are summarized in our annual information form, fourth quarter MD&A and press release dated March 10, 2026. In addition, certain financial measures that we will refer to today are not recognized under current general accepted accounting policies. And for a description and definition of these, please see our fourth quarter MD&A.
At this time, I’d like to turn the call over to Ken Zinger, our President and CEO.
Kenneth Zinger
President, CEO & Director
Thank you, Tony. Welcome, everyone, and thank you for joining us for our fourth quarter and full year 2025 earnings call. On today’s call, I will provide a brief summary of our financial results release yesterday, followed by an update on capital allocation and then our outlook for 2026 and finally, our divisional updates for Canada and the U.S. I will then pass the call over to Tony to provide a detailed financial update, we will take questions, and then we will wrap up the
 Q4 2025 Earnings Call Transcript){kind=link}