Enservco Corp (ENSV) Issues Earnings Results
Enservco Corp (NYSEMKT:ENSV) released its quarterly earnings results on Tuesday. The oil and gas producer reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01), reports. Enservco Corp had a negative net margin of 35.57% and a negative return on equity of 75.19%.
Shares of Enservco Corp (NYSEMKT:ENSV) opened at $0.73 on Tuesday. Enservco Corp has a 12 month low of $0.21 and a 12 month high of $0.79.
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Separately, ValuEngine upgraded Enservco Corp from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 22nd.
In other Enservco Corp news, major shareholder Cross River Capital Management purchased 74,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was bought at an average cost of $0.38 per share, for a total transaction of $28,120.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders acquired 1,232,084 shares of company stock valued at $450,898.
Enservco Corp Company Profile
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.
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