Enservco Corp (ENSV) Announces Earnings Results
Enservco Corp (NYSEMKT:ENSV) issued its 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.
Separately, ValuEngine raised Enservco Corp from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 22nd.
In related news, major shareholder Cross River Capital Management purchased 74,000 shares of Enservco Corp stock in a transaction on Wednesday, August 16th. The stock was bought at an average price of $0.38 per share, with a total value of $28,120.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 1,232,084 shares of company stock valued at $450,898 in the last ninety days.
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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