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XTSE
BDGI
Market cap2.09bUSD
, Last price  
CAD
Name

Badger Infrastructure Solutions Ltd

Chart & performance

D1W1MN
XTSE:BDGI chart
P/E
—
P/S
—
EPS
1.42
Vol. 1Y
—
Shs. 5Y
-0.77%
Rev. 5Y
2.63%
Div Yld LY
—
Div Yld TTM
—
Revenues
745m
+8.94%
83,331,67998,370,896117,687,718148,345,556134,970,474139,610,783194,178,089239,228,701324,594,000422,219,000404,620,000404,202,000499,236,000615,442,000654,282,000558,627,000573,982,812425,410,961683,799,000744,952,000
Net income
48m
+14.61%
14,780,99416,496,45516,722,84516,602,32919,653,12818,562,72825,803,15628,195,77240,363,00053,102,00038,488,00028,912,00065,852,00067,817,00059,732,00019,408,544-11,334,57113,631,04941,771,00047,872,000
CFO
146m
+10.14%
26,017,21027,393,44924,432,85630,815,28033,775,82526,104,86132,780,99746,200,78358,403,00084,203,000100,271,00079,075,00087,400,000129,130,472113,406,000139,250,00067,368,00050,923,781132,811,000146,279,000
Dividend
Sep 29, 20260.195 CAD/sh

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Profile

Badger Infrastructure Solutions Ltd., a company established in Calgary, Canada, in 1992, delivers non-destructive excavating and related support services throughout Canada and the United States. Formerly known as Badger Daylighting Ltd. until its name change in May 2021, the company's core offering revolves around its proprietary Badger Hydrovac technology. This advanced system precisely liquifies ground cover using a pressurized water stream, which is then efficiently removed via a vacuum system and stored in an integrated tank. The company provides an extensive portfolio of specialized solutions. These include daylighting for the visual verification of subterranean lines, creating test holes for directional drilling, subsurface utility engineering, and sacrificial anode installations, as well as facilitating pipeline and utility crossings. Badger also conducts slot trenching and excavates service repair pits vital for gas service tie-ins, electric cable fault repairs, water main and service repairs, and telecom splices. Furthermore, its services cover excavations for poles and pilings, including those for utilities, traffic signals, transmission lines, light standards, and signposts, along with pole removals. It also handles various piling needs like end-bearing, pilot holes for friction, and spread footing piles, in addition to well monitor installations. Badger offers comprehensive debris removal for frac tanks, road and box culverts, pipe-rammed casings, ballast and filter media, and material extraction from within structures. Specialized pipeline excavation supports crossings, tie-ins, hydro probing, utility conflict resolution, and oil/fuel spill remediation. Complementary services encompass anode installation, emergency response, and precise potholing. Beyond fieldwork, the company also designs, engineers, and supplies excavation shoring systems. As of December 31, 2021, Badger operated a fleet of 1,371 Badger hydrovacs. It serves a wide array of sectors, including aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, utility, and railway industries.

Related entities

Subsidiaries

Key people

Independent Chairman of the Board · since 2024
Robert Blackadar
President, Chief Executive Officer, Director · since 2022
Robert Dawson
Chief Financial Officer · since 2023
Julie Lee
Chief Human Resources Officer · since 2022
Logan Mellott
Senior Vice President - Strategic Initiatives · since 2024
Christopher Gunn
Vice President - Field Sales · since 2022
Reid Yester
Vice President, Legal, General Counsel & Corporate Secretary · since 2025
David Bronicheski
Independent Director · since 2020
Independent Director · since 2022
William Derwin
Independent Director · since 2018
Independent Director · since 2022
Mary Jordan
Independent Director · since 2019
William Lingard
Independent Director · since 2015
Patricia Warfield
Independent Director · since 2023
Independent Director · since 2025
IPO date
Mar 21, 1996
Employees
2,254
Domiciled in
CA
Incorporated in
CA
Headquarters & legal address
600, 815 - 8th Avenue SW
Calgary, AB T2P 3P2
CA

Valuation

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