Enservco

Enservco Corp. engages in the provision of services to the domestic onshore oil and natural gas industry. It operates through the Production Services and the Completion and Other Services segments. The Production Services segment includes hot oiling services, acidizing, and pressure testing. The Completion and Other Services segment focuses on frac water heating and other services. The company was founded by Michael D. Herman on February 28, 1980 and is headquartered in Longmont, CO.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Enservco reports stellar Q1 results, eyes growth through strategic acquisitions

Enservco's Q1 2024 performance demonstrated robust growth in adjusted EBITDA, driven by operational efficiencies and strategic acquisitions. While challenges persist in debt reduction and operational transitions, the company's focus on enhancing financial health and expanding into energy logistics unveils promising opportunities for future growth.

Enservco reports improved Q2 performance, eyes growth in energy logistics

Enservco's Q2 2024 performance reflects positive strides in financial improvement and strategic positioning.
The company's focus on debt reduction, strategic acquisitions, and market repositioning is driving future growth potential.
Challenges lie in executing plans amidst market uncertainties, but opportunities in energy logistics and synergies with Buckshot offer avenues for success.

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NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to suspend trading in the common stock of Enservco Corporation (the “Company”) — ticker symbol ENSV —from the Exchange. The staff suspended trading in the Company's common stock because the Listings Qualifications Panel (the “Panel”) of the Committee for Review of the Board of Directors of the Exchange (the “Committee”) had issued a decision in which.

NYSE American to Suspend Trading in Enservco Corporation (ENSV)

Recently Announced Transactions Expected to Benefit Operating and Financial Performance in Second Half 2024 and Beyond Recently Announced Transactions Expected to Benefit Operating and Financial Performance in Second Half 2024 and Beyond

Enservco Corporation Reports Results for Second Quarter 2024

~ Buckshot Acquisition and Star Equity Investment Position Enservco for a New Phase of Growth and Expansion in the Energy Logistics Space ~

Enservco Transforms Business With Close of Buckshot Acquisition and Share Exchange With Star Equity Holdings

Sale of Assets from Seasonal Colorado Frac Water Heating Business Consistent with Enservco Strategy to Focus Efforts on Year-Round Businesses including Opportunities Afforded by Pending Buckshot Acquisition Net Proceeds from Transaction to be Used to Pay Down Debt Under Utica Facility Significantly Reduces Company's Debt Burden and Paves Way for Debt Restructuring LONGMONT, Colo., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV) (“Enservco” or the “Company”) today announced it has sold to HP Oilfield Services, LLC (“HP”) certain Colorado based assets of Heat Waves Hot Oil Service, LLC, a wholly owned subsidiary of Enservco (the “Transaction”).

Enservco Announces Exit of Colorado Frac Water Heating Business Through Sale of Assets

LONGMONT, Colo., June 13, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV) (“Enservco”, or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today provided a further update on its plan to regain compliance with NYSE American listing standards, including the status of its previously announced planned resolution of its equity deficit (the “Updated Plan”). The Company's management believes that timely completion of the Updated Plan will satisfy the stockholders' equity requirement and allow Enservco to retain its listing on the NYSE American exchange.

Enservco Corporation Provides Further Update on Plan to Regain Compliance with NYSE American Listing Standards

NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Enservco Corporation (the “Company”) — ticker symbol ENSV —from the Exchange. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to demonstrate that it had r.

NYSE American to Commence Delisting Proceedings Against Enservco Corporation (ENSV)

LONGMONT, Colo., June 10, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV) (“Enservco”, or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Enservco from the Exchange. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to attain a minimum of $6.0 million of stockholders' equity by June 9, 2024; the end of the maximum 18-month compliance plan period.

Enservco Corporation Provides Update Concerning Non-Compliance with NYSE American Listing Standards

Enservco Corporation (NYSE:ENSV ) Q1 2024 Earnings Conference Call May 16, 2024 9:30 AM ET Company Participants Wes Harris - IR Rich Murphy - Executive Chairman Mark Patterson - CFO Conference Call Participants Jeff Grampp - Alliance Global Partners Operator Greetings, welcome to the Enservco 2024 First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

Enservco Corporation (ENSV) Q1 2024 Earnings Call Transcript

~ Posted Increase in Year-Over-Year Revenues, Segment Profit and Net Income ~  ~ Grew Adjusted EBITDA by 125% from Q1 2023 ~

Enservco Corporation Reports Results for First Quarter 2024

LONGMONT, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV) (“Enservco” or the “Company”) today announced changes to its Board of Directors and provided a corporate update. Marc Kramer was appointed to the Company's Board of Directors on April 30, 2024 upon the recommendation of the Company's Board of Directors. He fills the position vacated by Mr. Steve Weyel who resigned effective April 29, 2024 to focus his attention on a new business venture.

Enservco Announces Board Changes and Provides Corporate Update

Enservco Corporation (ENSV) Q4 2023 Earnings Call Transcript

Fourth Quarter 2023 Highlights Revenue flat overall with a completions services revenue increase offset by an expected production services revenue decrease from Q4 of 2022 Gross profit improves 14% General and administrative expenses down 2% Net loss increased to $1.9 million from $1.7 million, with the increase related to $0.5 million write down of goodwill in Q4 2023 Positive Adjusted EBITDA versus an Adjusted EBITDA loss in Q4 of 2022 Full Year 2023 Highlights Revenue up 2% compared to 2022 Gross profit improves 61% General and administrative expenses down 9% Net loss increased to $8.5 million from $5.6 million, due primarily to the write down of goodwill and the 2022 net loss including a $4.3 million non-cash gain on debt extinguishment Adjusted EBITDA loss improves 46% LONGMONT, Colo., April 01, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced its 2023 Fourth Quarter and full year financial results.

Enservco Corporation Reports 2023 Fourth Quarter and Full Year Financial Results

LONGMONT, Colo., March 28, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced the timing of its fourth quarter and full year 2023 earnings release and conference call.

Enservco Corporation Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

LONGMONT, Colo., March 20, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV) (“Enservco” or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industry, today announced an agreement to acquire Buckshot Trucking LLC (“Buckshot”), which is headquartered in Fort Lupton, Colorado, subject to usual closing conditions (the “Transaction”). Consideration due at closing is $5.0 million consisting of a combination of $3.75 million in cash and the balance in Enservco common stock before usual closing and post-closing adjustments. The closing date of the Transaction is expected before the end of the second quarter.

Enservco Announces Agreement to Acquire Accretive Energy Logistics Business to Diversify the Company

LONGMONT, Colo., March 11, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV) (“Enservco” or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today provided a business update.

Enservco Provides Business Update

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Enservco Corporation (NYSE: ENSV) on behalf of long-term stockholders following a class action complaint that was filed against Enservco on May 20, 2022 with a Class Period from March 23, 2021 to September 1, 2022. Our investigation concerns whether the board of directors of Enservco have breached their fiduciary duties to the company. Enserv.

ENSERVCO ALERT: Bragar Eagel & Squire, P.C. is Investigating Enservco Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Enservco Corporation (NYSE:ENSV ) Q3 2023 Earnings Conference Call November 16, 2023 9:30 AM ET Company Participants Jay Pfeiffer - Investor Relations Rich Murphy - Executive Chairman Mark Patterson - Chief Financial Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Operator Greetings, and welcome to the Enservco Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Enservco Corporation (ENSV) Q3 2023 Earnings Call Transcript

LONGMONT, Colo., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today reported financial results for its third quarter and nine-month period ended September 30, 2023.

Enservco Corporation Reports 2023 Third Quarter Financial Results

LONGMONT, Colo., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it has scheduled its 2023 third quarter earnings call for Thursday November 16, 2023, at 9:30 a.m. ET.

Enservco Corporation Schedules Third Quarter Earnings Call

LONGMONT, Colo., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced the appointment of veteran executive Mike Lade as senior vice president and chief of staff.

Enservco Corporation Names Veteran Executive Mike Lade Senior Vice President & Chief of Staff

Company also enhances liquidity with closing of $1,625,000 of convertible debt transaction Company also enhances liquidity with closing of $1,625,000 of convertible debt transaction

Enservco Corporation Closes Acquisition of Rapid Hot Oilfield Services Provider

Enservco Corporation (NYSE:ENSV ) Q2 2023 Earnings Conference Call August 15, 2023 9:00 AM ET Company Participants Jay Pfeiffer – Investor Relations Rich Murphy – Executive Chairman Mark Patterson – Chief Financial Officer Conference Call Participants Jeff Grampp – Alliance Global Partners Operator Greetings. Welcome to Enservco's Second Quarter Earnings Call.

Enservco Corporation (ENSV) Q2 2023 Earnings Call Transcript

LONGMONT, Colo., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today reported financial results for its second quarter and six-month period ended June 30, 2023.

Enservco Corporation Reports 2023 Second Quarter Financial Results

LONGMONT, Colo., Aug. 12, 2023 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it has scheduled its 2023 second quarter earnings call for Tuesday August 15, 2023, at 9:00 a.m. ET.

Enservco Corporation Schedules Second Quarter Earnings Call

LONGMONT, Colo., May 15, 2023 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it has rescheduled its 2023 first quarter earnings call to 10:00 a.m. ET on Tuesday May 16, 2023.

News for Enservco Stock (ENSV)