Energy Services Acquisition Corp (ESOA) 1.5500 $ESOA
Energy Services Of America Announces Dividend
PR Newswire - Tue May 31, 10:00AM CDT
Energy Services of America (the "Company" or "Energy Services"
(OTC QB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced that on May 25, 2016, the Company's board of directors declared a dividend of $0.05 per common share payable on June 30, 2016 to shareholders of record as of June 15, 2016.
Energy Services Of America Files Quarterly Report
PR Newswire - Thu May 12, 9:00AM CDT
Energy Services of America (the "Company" or "Energy Services) (OTC QB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the filing of the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2016. Energy Services earned revenues of $28.0 million and $62.4 million for the three and six months ended March 31, 2016, respectively. Gross profits were $1.7 million and $5.3 million for the three and six months ended March 31, 2016, respectively. Net loss available to common shareholders was $287,000 for the three months ended March 31, 2016, while net income available to common shareholders was $334,000 for the six months ended March 31, 2016. The Company had adjusted EBITDA of $451,000 ($0.03 per share) and $2.5 million ($0.18 per share) for the three and six months ended March 31, 2016, respectively. The backlog at March 31, 2016 was $98.1 million.
Energy Services of America Announces Additional Financing Arrangement
PR Newswire - Fri Apr 01, 1:00PM CDT
Energy Services of America (the "Company"(OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today that the Company entered into a $15.0 million revolving line of credit financing arrangement with United Bank, Inc. and Summit Community Bank (West Virginia) on March 30, 2016. This one year agreement, effective February 27, 2016, renews the $10.0 million revolving line of credit financing arrangement dated February 27, 2015.
Energy Services of America Files Annual Report
PR Newswire - Thu Dec 17, 9:00AM CST
Energy Services of America (the "Company" (OTCQB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the filing of the Company's Annual Report on Form 10-K for the year ended September 30, 2015. Energy Services earned revenue of $116.8 million for fiscal year ended September 30, 2015. Gross profit and income from operations were $10.9 million and $4.3 million, respectively. Net income available to common shareholders, which included tax expense of $1.6 million, was $1.8 million. The company had EBITDA of $7.6 million, or $0.53 per share, and earnings per share of $0.13 on 14,239,836 common shares outstanding. The backlog at September 30, 2015 was $71.3 million. Please see Energy Services' December 17, 2015, Form 10-K filing for more details.
Energy Services of America Appoints New Director
PR Newswire - Tue Dec 08, 9:30AM CST
Energy Services of America (the "Company" (OTCQB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the appointment of Dr. Charles Abraham, MD to the Company's Board of Directors effective January 1, 2016. Dr. Abraham is an Otolaryngology (Ear, Nose, and Throat) Specialist in Huntington, WV. The Board of Directors of the Company will not appoint Dr. Abraham to any committees of the Company at this time.
Energy Services of America Releases Earnings For Fiscal 2015
PR Newswire - Wed Dec 02, 9:00AM CST
Energy Services of America (the "Company" (OTCPink: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today revenue of $116.8 million for the fiscal year ended September 30, 2015. Gross margin and income from operations were $10.9 million and $4.3 million, respectively for fiscal year 2015. Net income available to common shareholders, which included estimated tax expense of $1.6 million, was $1.8 million for the fiscal year ended September 30, 2015. The Company projects EBITDA of $7.6 million, or $0.53 per share, and earnings per share of $0.13 on 14,239,836 common shares outstanding for fiscal year 2015. The projected backlog at September 30, 2015 was $71.3 million.
Energy Services Of America Board Addresses Shareholder Questions
PR Newswire - Wed Sep 30, 10:00AM CDT
The Board of Directors (the "Board" of Energy Services of America (the "Company" (OTC: ESOA) addressed five common questions received from shareholders regarding the Company's operations and stock price.
Energy Services Of America Board Cites Improvement In Financial Condition
PR Newswire - Mon Sep 14, 2:00PM CDT
The Board of Directors (the "Board" of Energy Services of America (the "Company" (OTC: ESOA) emphasized at its last meeting on August 19, 2015, the Company's greatly improved financial condition since the beginning of its restructuring efforts in October 2012. The Company's restructuring ended in January 2014 with the refinancing of the Company's bank debt and the termination of a forbearance agreement between the Company and its lenders.
Energy Services of America Releases Estimated Earnings
PR Newswire - Tue Nov 25, 9:00AM CST
Energy Services of America (OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today estimated revenue of $93.3 million for fiscal year ended September 30, 2014. Gross margin and income from operations are estimated at $8.5 million and $2.2 million, respectively. Net income available to common shareholders, which includes estimated tax benefits of $2.3 million, is estimated at $3.3 million. The company projects EBITDA of $5.6 million, or $0.39 per share, and earnings per share of $0.23 on 14,239,836 common shares outstanding. The projected backlog at September 30, 2014 is $51.8 million. Energy Services expects to publicly issue final earnings numbers on December 18, 2014.
Energy Services Of America Announces Dividend
PR Newswire - Tue May 31, 10:00AM CDT
Energy Services of America (the "Company" or "Energy Services"
(OTC QB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced that on May 25, 2016, the Company's board of directors declared a dividend of $0.05 per common share payable on June 30, 2016 to shareholders of record as of June 15, 2016. Energy Services Of America Files Quarterly Report
PR Newswire - Thu May 12, 9:00AM CDT
Energy Services of America (the "Company" or "Energy Services) (OTC QB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the filing of the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2016. Energy Services earned revenues of $28.0 million and $62.4 million for the three and six months ended March 31, 2016, respectively. Gross profits were $1.7 million and $5.3 million for the three and six months ended March 31, 2016, respectively. Net loss available to common shareholders was $287,000 for the three months ended March 31, 2016, while net income available to common shareholders was $334,000 for the six months ended March 31, 2016. The Company had adjusted EBITDA of $451,000 ($0.03 per share) and $2.5 million ($0.18 per share) for the three and six months ended March 31, 2016, respectively. The backlog at March 31, 2016 was $98.1 million.
Energy Services of America Announces Additional Financing Arrangement
PR Newswire - Fri Apr 01, 1:00PM CDT
Energy Services of America (the "Company"
(OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today that the Company entered into a $15.0 million revolving line of credit financing arrangement with United Bank, Inc. and Summit Community Bank (West Virginia) on March 30, 2016. This one year agreement, effective February 27, 2016, renews the $10.0 million revolving line of credit financing arrangement dated February 27, 2015. Energy Services of America Files Annual Report
PR Newswire - Thu Dec 17, 9:00AM CST
Energy Services of America (the "Company"
(OTCQB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the filing of the Company's Annual Report on Form 10-K for the year ended September 30, 2015. Energy Services earned revenue of $116.8 million for fiscal year ended September 30, 2015. Gross profit and income from operations were $10.9 million and $4.3 million, respectively. Net income available to common shareholders, which included tax expense of $1.6 million, was $1.8 million. The company had EBITDA of $7.6 million, or $0.53 per share, and earnings per share of $0.13 on 14,239,836 common shares outstanding. The backlog at September 30, 2015 was $71.3 million. Please see Energy Services' December 17, 2015, Form 10-K filing for more details. Energy Services of America Appoints New Director
PR Newswire - Tue Dec 08, 9:30AM CST
Energy Services of America (the "Company"
(OTCQB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the appointment of Dr. Charles Abraham, MD to the Company's Board of Directors effective January 1, 2016. Dr. Abraham is an Otolaryngology (Ear, Nose, and Throat) Specialist in Huntington, WV. The Board of Directors of the Company will not appoint Dr. Abraham to any committees of the Company at this time. Energy Services of America Releases Earnings For Fiscal 2015
PR Newswire - Wed Dec 02, 9:00AM CST
Energy Services of America (the "Company"
(OTCPink: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today revenue of $116.8 million for the fiscal year ended September 30, 2015. Gross margin and income from operations were $10.9 million and $4.3 million, respectively for fiscal year 2015. Net income available to common shareholders, which included estimated tax expense of $1.6 million, was $1.8 million for the fiscal year ended September 30, 2015. The Company projects EBITDA of $7.6 million, or $0.53 per share, and earnings per share of $0.13 on 14,239,836 common shares outstanding for fiscal year 2015. The projected backlog at September 30, 2015 was $71.3 million. Energy Services Of America Board Addresses Shareholder Questions
PR Newswire - Wed Sep 30, 10:00AM CDT
The Board of Directors (the "Board"
of Energy Services of America (the "Company" (OTC: ESOA) addressed five common questions received from shareholders regarding the Company's operations and stock price. Energy Services Of America Board Cites Improvement In Financial Condition
PR Newswire - Mon Sep 14, 2:00PM CDT
The Board of Directors (the "Board"
of Energy Services of America (the "Company" (OTC: ESOA) emphasized at its last meeting on August 19, 2015, the Company's greatly improved financial condition since the beginning of its restructuring efforts in October 2012. The Company's restructuring ended in January 2014 with the refinancing of the Company's bank debt and the termination of a forbearance agreement between the Company and its lenders. Energy Services of America Releases Estimated Earnings
PR Newswire - Tue Nov 25, 9:00AM CST
Energy Services of America (OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today estimated revenue of $93.3 million for fiscal year ended September 30, 2014. Gross margin and income from operations are estimated at $8.5 million and $2.2 million, respectively. Net income available to common shareholders, which includes estimated tax benefits of $2.3 million, is estimated at $3.3 million. The company projects EBITDA of $5.6 million, or $0.39 per share, and earnings per share of $0.23 on 14,239,836 common shares outstanding. The projected backlog at September 30, 2014 is $51.8 million. Energy Services expects to publicly issue final earnings numbers on December 18, 2014.
