With the prevalence of water-quality issues as a deterrent for development, the water management stocks on our list could see more business
SmallCapPower | December 23, 2016: From the boil advisories across Canada and the United States, to protests around the development of oil pipelines, water quality has been front-page news in 2016. Luckily, the companies on our list provide water and/or wastewater treatment services and equipment for both municipal water sources and oil deposit development. As a result, these water management stocks could see more business coming their way in 2017 as municipalities and private companies look to provide assurance that they are protecting local water resources to alleviate some of the public concerns.
Bird Construction Inc. (TSE:BDT) – $9.15
Construction & Engineering
Bird Construction Inc. operates as a general contractor in the Canadian construction market. The Company focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It operates through the general contracting sector of the construction industry segment. In the industrial sector, it constructs industrial buildings and performs civil construction operations, including site preparation, concrete foundations, underground piping and earthwork for clients operating in the oil and gas, and mining businesses.
- Market Cap: $389.03(mm)
- Cash and Short Term Investments (FQ0, Default, Millions): $202.24
- Total Liabilities (FQ0, CAD, Millions): $634.66
- Total Assets – Actual (FQ0, Millions, CAD): $800.50
H2O Innovation Inc. (CVE:HEO) – $1.70
Environmental Services & Equipment
H2O Innovation Inc. is engaged in providing integrated technological water treatment solutions based on membrane filtration technology to municipal, energy and mining end users. The Company is also engaged in delivering drinking water, process water production, and wastewater treatment systems, including related services. It designs water treatment projects for the production of drinking and industrial process water, the reclamation and reuse of water, the desalination of sea water and the treatment of wastewater.
- Market Cap: $68.47(mm)
- Cash and Short Term Investments (FQ0, Default, Millions): $9.86
- Total Liabilities (FQ0, CAD, Millions): $29.53
- Total Assets – Actual (FQ0, Millions, CAD): $77.40
Newalta Corp. (TSE:NAL) – $2.21
Environmental Services & Equipment
Newalta Corporation is a Canada-based provider of engineered environmental solutions to the oil and gas industry. The Company’s segments include Heavy Oil and Oilfield. The Company’s Heavy Oil segment processes oilfield-generated wastes, including treatment, water disposal, salt cavern disposal, landfilling, and the sale of recovered crude oil. The Oilfield segment operates in Canada and the United States, and includes the processing of oilfield-generated wastes, including treatment, water disposal, clean oil terminaling, and the supply and operation of drill site processing equipment, including solids control and drill cuttings management.
- Market Cap: $194.81(mm)
- Cash and Short Term Investments (FQ0, Default, Millions): $1.90
- Total Liabilities (FQ0, CAD, Millions): $520.58
- Total Assets – Actual (FQ0, Millions, CAD): $823.72
Titanium Corporation Inc. (CVE:TIC) – $0.48
Oil & Gas Exploration and Production
Titanium Corporation Inc. is a Canada-based development-stage company engaged in researching and developing a separation process for the recovery of heavy minerals and bitumen from oil sands froth treatment tailings. The Company has developed Creating Value from Waste (CVW) technologies that recover valuable heavy minerals, bitumen, solvent and water from oil sands waste tailings. The Company’s technology prevents these commodities from entering tailings ponds and the atmosphere. The Company’s technology helps in reducing volatile organic compound and greenhouse gas emissions.
- Market Cap: $31.37(mm)
- Cash and Short Term Investments (FQ0, Default, Millions): $0.59
- Total Liabilities (FQ0, CAD, Millions): $1.19
- Total Assets – Actual (FQ0, Millions, CAD): $0.67