Aly Energy Services Inc. (ALYE) 0.7500 $ALYE
Aly Energy Reports Second Quarter 2014 Results
Marketwire - Fri Aug 15, 8:29AM CDT
Aly Energy Services, Inc. ("Aly Energy"
(OTCQB: ALYE) today reported results for the second quarter of 2014. Revenues for the second quarter of 2014 increased by 89.4% to $9.1 million compared to $4.8 million for the second quarter of 2013 and Adjusted EBITDA increased 143.6% in the second quarter of 2014 to $2.9 million compared to $1.2 million in the second quarter of 2013. Aly Energy reported net income available to common stockholders for the second quarter of 2014 of approximately $442,000, after preferred stock dividends and accretion aggregating to approximately $104,000, compared to a net loss of approximately ($10,000), after preferred dividends and accretion aggregating to approximately $61,000, for the same period in 2013.
Aly Energy Services, Inc. Announces Second Quarter 2014 Earnings Conference Call
Marketwire - Wed Aug 13, 8:29AM CDT
Aly Energy Services, Inc. (OTCQB: ALYE) announced today that management will host a conference call on Friday, August 15, 2014, at 9 a.m. Central (10 a.m. Eastern) to discuss the Company's second quarter results. Prepared remarks by Munawar "Micki" Hidayatallah, Chairman and Chief Executive Officer, Mark Patterson, President and Chief Operating Officer, and Alya Hidayatallah, Chief Financial Officer, will be followed by a question and answer session.
Aly Energy Services, Inc. Announces Agreement to Acquire Evolution Guidance Systems Inc.
Marketwire - Wed Jun 18, 1:23AM CDT
Aly Energy Services, Inc. (OTCQB: ALYE) announced today that it has signed a definitive Purchase Agreement to acquire all the issued and outstanding stock of Evolution Guidance Systems Inc., an operator of Measurement While Drilling (MWD) downhole tools with advanced gamma technology and technology to build a gamma imaging tool named Azimuthal Gamma. Evolution Guidance Systems is currently owned by Thor Eckmann and Henry Iwunze, who will remain with the company after the acquisition is completed. The closing date for the transaction is scheduled for July 1, 2014.
Aly Energy Services, Inc. Announces Completion of Private Placement and Resignation of Member of Board of Directors
Marketwire - Mon Jan 06, 5:15PM CST
Aly Energy Services, Inc. (OTCQB: ALYE) today announced that it has completed a private offering of an aggregate of 15,744,997 shares of its common stock at a price of $0.15 per share to approximately 22 of the existing beneficial owners of its capital stock. The offering is exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(2) and Rule 506 thereunder. The proceeds of the offering will be used to pay down debt and on growth capital expenditures for its operating yards in the Permian and Eagle Ford basins.
Aly Energy Reports Second Quarter 2014 Results
Marketwire - Fri Aug 15, 8:29AM CDT
Aly Energy Services, Inc. ("Aly Energy"
(OTCQB: ALYE) today reported results for the second quarter of 2014. Revenues for the second quarter of 2014 increased by 89.4% to $9.1 million compared to $4.8 million for the second quarter of 2013 and Adjusted EBITDA increased 143.6% in the second quarter of 2014 to $2.9 million compared to $1.2 million in the second quarter of 2013. Aly Energy reported net income available to common stockholders for the second quarter of 2014 of approximately $442,000, after preferred stock dividends and accretion aggregating to approximately $104,000, compared to a net loss of approximately ($10,000), after preferred dividends and accretion aggregating to approximately $61,000, for the same period in 2013. Aly Energy Services, Inc. Announces Second Quarter 2014 Earnings Conference Call
Marketwire - Wed Aug 13, 8:29AM CDT
Aly Energy Services, Inc. (OTCQB: ALYE) announced today that management will host a conference call on Friday, August 15, 2014, at 9 a.m. Central (10 a.m. Eastern) to discuss the Company's second quarter results. Prepared remarks by Munawar "Micki" Hidayatallah, Chairman and Chief Executive Officer, Mark Patterson, President and Chief Operating Officer, and Alya Hidayatallah, Chief Financial Officer, will be followed by a question and answer session.
Aly Energy Services, Inc. Announces Agreement to Acquire Evolution Guidance Systems Inc.
Marketwire - Wed Jun 18, 1:23AM CDT
Aly Energy Services, Inc. (OTCQB: ALYE) announced today that it has signed a definitive Purchase Agreement to acquire all the issued and outstanding stock of Evolution Guidance Systems Inc., an operator of Measurement While Drilling (MWD) downhole tools with advanced gamma technology and technology to build a gamma imaging tool named Azimuthal Gamma. Evolution Guidance Systems is currently owned by Thor Eckmann and Henry Iwunze, who will remain with the company after the acquisition is completed. The closing date for the transaction is scheduled for July 1, 2014.
Aly Energy Services, Inc. Announces Completion of Private Placement and Resignation of Member of Board of Directors
Marketwire - Mon Jan 06, 5:15PM CST
Aly Energy Services, Inc. (OTCQB: ALYE) today announced that it has completed a private offering of an aggregate of 15,744,997 shares of its common stock at a price of $0.15 per share to approximately 22 of the existing beneficial owners of its capital stock. The offering is exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(2) and Rule 506 thereunder. The proceeds of the offering will be used to pay down debt and on growth capital expenditures for its operating yards in the Permian and Eagle Ford basins.
