Badger Infrastructure Solutions Ltd. (BADFF) Research
Badger Infrastructure Solutions Ltd. delivers specialized non-destructive excavating and related solutions throughout both Canada and the United States. Central to its operations is the innovative Badger Hydrovac technology, which utilizes a concentrated stream of pressurized water to break down soil, subsequently extracting the loosened material with a powerful vacuum system into an integrated storage tank. The company offers a broad spectrum of services, including "daylighting" for accurate visual confirmation of underground infrastructure such as buried lines, test holes for directional drilling, installation of sacrificial anodes, pipeline and utility crossing assessments, and subsurface utility engineering (SUE) test hole applications. Additional services encompass precise slot trenching and the creation of service repair pits for critical utility work like gas service tie-ins, electric cable fault repairs, water main and service repairs, and telecom splicing. Badger also provides comprehensive pole and piling hole drilling for various needs, including utility, traffic signal, and transmission poles, as well as light standards and sign posts. This extends to pole removals, the preparation of end-bearing and friction piles (including pilot holes), spread footing piles, and well monitor installations. Furthermore, the company handles extensive debris removal tasks, ranging from frac tank and road/box culvert clean-outs to pipe-rammed casing clearance, ballast and filter media extraction, and material removal from inside structures and buildings. Its expertise also covers pipeline excavation for crossings, tie-ins, hydro probing, resolving utility conflicts, and addressing oil and fuel spills. Complementary offerings include anode installation, prompt emergency response, and potholing, in addition to the design, engineering, and supply of excavation shoring systems. Serving a wide array of industries, Badger's clients come from sectors such as aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, and general utilities, alongside providing specialized hydrovac services for railways. As of December 31, 2021, the company boasted a significant fleet of 1,371 Badger hydrovac units. Founded in Calgary, Canada, in 1992, the enterprise was initially known as Badger Daylighting Ltd. before officially changing its name to Badger Infrastructure Solutions Ltd. in May 2021.
Market snapshot
- Symbol
- BADFF
- Price
- $33.30
- Day change
- 0.00%
- Market cap
- $2.2B
- P/E ratio
- 31.81x
- 52-week range
- 24.65-33.88
- Sector
- Industrials
- Industry
- Engineering & Construction
Peer companies
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