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Corporation
ENERGY & UTILITIES | Oil & Gas Production & Exploration
enservco.com

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About Enservco

Enservco Corporation provides well and fluid management services to the domestic onshore oil and natural gas industry. The Company's services include frac water heating, hot oiling and acidizing (well enhancement services), and water transfer, water treatment, water hauling, fluid disposal, frac tank rental (fluid management services) and other general oilfield services.

Enservco Headquarter Location

501 South Cherry Street Suite 1000

Denver, Colorado, 80246,

United States

303-333-3678

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Latest Enservco News

Enservco revenue up in Q2; reports loss

Aug 7, 2021

Share this: | UPDATED: August 6, 2021 at 5:14 p.m. Oil and gas well-site service provider Enservco Corp. (NYSE: ENSV) said revenue rose and losses narrowed in its second quarter compared to the same period last year with “return to year-over-year revenue growth” on higher “commodity prices and rig counts” company wide, said Executive Chairman Rich Murphy. Total quarterly revenue rose to $3.1 million from $2.1 million, year-over-year. Several company metrics improved including EBITDA, working capital, cash and cash equivalents, and stockholders’ equity. Enservco lost money, though less than in the same period last year: $1.6 million versus $4.4 million. The company said it cut costs, spent $536,000 less on interest, and received $1.3 million in payroll tax credits from the March 2020 Coronavirus Aid, Relief, and Economic Security Act stimulus package. A $1.9 million Paycheck Protection Program loan has been completely forgiven and will be shown in Q3 results. Enservco’s second quarter ended June 30. © 2021 BizWest Media LLC

Enservco Acquisitions

3 Acquisitions

Enservco acquired 3 companies. Their latest acquisition was Adler Hot Oil Service on October 29, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/29/2018

$991

Acquired

1

1/21/2016

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$99M

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10

1/21/2016

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$99M

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10

Date

10/29/2018

1/21/2016

1/21/2016

Investment Stage

Companies

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Valuation

$991

Total Funding

$99M

$99M

Note

Acquired

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Sources

1

10

10

Enservco Team

1 Team Member

Enservco has 1 team member, including former Controller, Christopher Pesigan CPA.

Name

Work History

Title

Status

Christopher Pesigan CPA

Controller

Former

Name

Christopher Pesigan CPA

Work History

Title

Controller

Status

Former

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