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Last C$0.35 CAD
Change Today 0.00 / 0.00%
Volume 92.0K
As of 12:22 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

critical control energy serv (CCZ) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/18/14 - C$0.50
52 Week Low
01/29/15 - C$0.27
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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critical control energy serv (CCZ) Details

Critical Control Energy Services Corp. operates as an information management and business process outsourcing company. It offers document and data management services, which implements technology and provides outsourced solutions to enhance information intensive business functions of clients primarily in the government, health care, financial, and retail industries. The company also provides data entry and imaging services to capture paper or microfilmed documents electronically; technology solutions and hosted repositories to manage captured electronic information; and outsourced solutions to business processes that comprise document reception, imaging services, content analysis and response, and outgoing mail management, as well as sells imaging, related equipment and supplies, and third party software. In addition, it offers cloud-based software applications for the management of critical oil and gas production data; outsourced services to Canadian oil and gas producers comprising production accounting, revenue accounting, gas cost allowance, and financial accounting; and other services consisting of chart and data auditing, lab, field, and fabrication services, as well as sells gas measurement equipment and supplies. The company was formerly known as CriticalControl Solutions Corp. and changed its name to Critical Control Energy Services Corp. in June 2015. Critical Control Energy Services Corp. is headquartered in Calgary, Canada.

449 Employees
Last Reported Date: 03/18/15

critical control energy serv (CCZ) Top Compensated Officers

Founder, Chief Executive Officer, President a...
Total Annual Compensation: C$328.0K
Vice President of Operations
Total Annual Compensation: C$140.0K
President of US Operations for Gas Analytical...
Total Annual Compensation: C$223.0K
Compensation as of Fiscal Year 2014.

critical control energy serv (CCZ) Key Developments

Critical Control Energy Services Corp. Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2015

Critical Control Energy Services Corp. announced financial results for the second quarter and six months ended June 30, 2015. For the second quarter, the company generated revenue of $10.7 million in the second quarter of 2015, an increase of 26.5%. Loss before income tax from continuing operations for the second quarter 2015 was $1.1 million compared to $0.4 million for the second quarter 2014. The $1.1 million loss included a restructuring charge of $0.7 million in severances associated with terminations of administrative personnel and $0.1 million to a loss from unrealized foreign exchange. Net loss for the second quarter 2015 was $0.9 million compared to a net loss of $0.1 million for the second quarter 2014. The increase is primarily attributable to corporate restructuring costs relating to the disposition of the Service Bureau Operations. For the six months, the company generated revenue of $20.2 million year-to-date in 2015, an increase of 26.2%.

Critical Control Energy Services Corp. Announces ProMonitor Software Upgrade

Critical Control Energy Services Corp. announced the release of a new version of its ProMonitor software containing numerous improvements, enhancements and new functionality. New functionality includes a real-time reporting module, providing critical warnings on risks of failure in pipelines and a customizable risk calculator, allowing clients to modify factors and weightings in the pipeline risk calculation to provide intelligence on the factors most important to the client. The result is a faster, more customizable and more accurate method of managing a pipeline integrity program to reduce risks which in turn reduces probability of compliance issues and losses. The new ProMonitor also improves management of change workflows, making it easier for customers to track, manage, and revise their measurement drawings and remain compliant with government regulations. Native integration of public registry data also strengthens the software's capabilities to alert customers when changes to their schematics are required. ProMonitor is delivered over the cloud and the ProMonitor upgrade is now available to all current ProMonitor subscribers at no extra charge. ProMonitor is subscribed to in modules and each client can choose to increase their subscriptions to include additional modules.

Critical Control Energy Services Corp. Announces WebSCADA Upgrade and Client Adoption

Critical Control Energy Services Corp. announced the release of the next generation of its proprietary webSCADA platform “NetFlow”, incorporating visualization whereby available data from devices integrated into NetFlow in the field can be displayed to the user within an interconnected diagram of the client’s assets in a particular area. The new upgrade is available immediately for all NetFlow customers. NetFlow continues to be cloud based, with each visualization graphic being customizable for each customer, saved within the user’s profile and displayed from any web browser the user logs in from.


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