ENTREC Corporation provides earnings guidance for the year ending December 31, 2015. The company estimates revenue for the year ending December 31, 2015 to range from $200 million to $240 million. This compares to estimated revenue of approximately $230 million for the year ended December 31, 2014.

ENTREC also estimates its overall adjusted EBITDA margin for fiscal 2015 will decline slightly from the approximately 20% adjusted EBITDA margin the Company expects to achieve in 2014. The lower anticipated adjusted EBITDA margin in 2015 results from, in part, the expectation for lower pricing and equipment utilization in 2015 due to the current weak commodity price environment and higher competition. The lower margin also reflects the use of additional rental cranes to support the expected ramp up of certain oil sands construction projects in 2015.

ENTREC's 2015 capital expenditure program consists of $21,000,000. The Company intends to fund its 2015 capital expenditure program from its asset-based credit facility, finance leases and cash from operating activities. With the reduced capital expenditure program, the Company will be utilizing its free cash flow to pay down debt in 2015, further maximizing the Company's flexibility in managing through this industry cycle.

The Company is targeting to reduce its long-term debt by $15 million in 2015.