Welcome to our dedicated page for Energy Services news (Ticker: ESOA), a resource for investors and traders seeking the latest updates and insights on Energy Services stock.
Energy Services of America Corporation (NASDAQ: ESOA) is a Huntington, West Virginia-based contractor and service company operating primarily in the mid-Atlantic and Central regions of the United States. It serves customers in the natural gas, petroleum, water distribution, automotive, chemical, and power industries, with an industry classification in water and sewer line and related structures construction. This news page aggregates company-issued updates and market coverage related to ESOA stock.
News about Energy Services of America frequently centers on quarterly and annual financial results, including revenue, gross profit, net income, backlog, and adjusted EBITDA, as reported in its earnings press releases and related Form 8-K filings. Management commentary often discusses performance in business lines such as Gas & Water Distribution, Gas & Petroleum Transmission, and the Electrical, Mechanical and General segment, as well as the impact of weather and project timing on margins.
Investors can also follow corporate developments such as acquisitions and capital markets milestones. Recent examples in company communications include the acquisition of Tribute Contracting & Consultants, the Nitro Construction subsidiary’s acquisition of Rigney Digital Systems, and the company’s addition to the Russell 2000 and Russell 3000 indexes. The company also announces dividend declarations through 8-K filings and press releases, providing details on quarterly cash dividends per share and record and payment dates.
Other ESOA news items include participation in investor conferences and one-on-one meeting events, where management presents the company’s story to institutional and other investors. For followers of ESOA stock, this page offers a centralized view of earnings announcements, backlog updates, acquisition news, index inclusions, and dividend actions directly tied to Energy Services of America’s public disclosures.
Energy Services of America (Nasdaq: ESOA) reported fourth-quarter and full-year fiscal 2025 results for the year ended September 30, 2025. Q4 revenue hit a company record of $130.1M and full-year revenue was $411.0M (up 16.8% YoY). Adjusted EBITDA was $11.3M in Q4 and $17.2M for fiscal 2025. Net income for FY2025 was $0.38M or $0.02 per diluted share, down from $25.1M the prior year. Gross profit fell to $38.8M and gross margin to 9.4%, citing unfavorable winter weather and project timing. Backlog stood at $259.7M. The company completed acquisitions of Tribute (Dec 2, 2024) and Rigney Digital Systems (Sept 30, 2025) and doubled the dividend to $0.12 per share, paid quarterly.
Energy Services of America (Nasdaq: ESOA) announced that President Doug Reynolds and CFO Charles Crimmel will present and host 1x1 investor meetings at the 17th Annual Southwest IDEAS Investor Conference on November 20, 2025 in Dallas, TX.
The company's presentation is scheduled to begin at 4:20 PM ET and will be webcast via the conference host website: https://www.threepartadvisors.com/southwest. For meeting requests or conference information contact Lacey Wesley at (817) 769-2373 or lWesley@IDEASconferences.com.
Energy Services of America (NASDAQ: ESOA) announced that its subsidiary, Nitro Construction Services, has completed the acquisition of Rigney Digital Systems, a West Virginia-based HVAC control systems leader. Founded in 2000, Rigney Digital Systems specializes in designing, installing, and servicing advanced HVAC control systems.
Under the acquisition, Rigney will maintain its brand identity, staff, and client relationships while leveraging Nitro Construction's resources. The strategic purchase enhances Nitro's building technology capabilities while preserving Rigney's established market presence. The integration aims to deliver smarter and more efficient building solutions to clients.
Energy Services of America (NASDAQ: ESOA) announced that its subsidiary, Nitro Construction Services, has acquired Rigney Digital Systems, a West Virginia-based HVAC control systems specialist. Founded in 2000, Rigney Digital Systems has established itself as a regional leader in designing, installing, and servicing advanced HVAC control systems.
Under the acquisition agreement, Rigney will maintain its brand identity, staff, and client relationships while leveraging Nitro Construction's resources. The strategic purchase aims to expand Nitro's building technology capabilities while preserving Rigney's established market presence. The company will continue operating as a distinct entity within the Nitro Construction family.
Energy Services of America (NASDAQ: ESOA) has announced its participation in the upcoming 16th Annual Midwest IDEAS Investor Conference. The company's management will deliver a presentation on Wednesday, August 27, 2025, at 9:15 AM CT at The InterContinental in Chicago, IL. Investors can access the presentation through a webcast available on the conference website at www.threepartadvisors.com/midwest.
Energy Services of America (NASDAQ: ESOA) reported its fiscal Q3 2025 results with revenue of $103.6 million, up 21% year-over-year, driven by strong performance in Gas & Water Distribution business. The company posted net income of $2.1 million, or $0.12 per diluted share, compared to $17.5 million ($1.06 per share) in Q3 2024, which included a one-time legal settlement of $11.4 million.
Gross profit decreased to $12.0 million with margins declining to 11.6% from 17.8% due to lower operational efficiency. The company's backlog grew to $304.4 million, up from $250.9 million year-over-year, supported by increased water and wastewater project opportunities. Management remains optimistic about future growth prospects across electrical, mechanical, and general construction business lines.
Energy Services of America (Nasdaq: ESOA) announced its addition to both the Russell 2000 and Russell 3000 indices, effective June 30, 2025. This inclusion represents a significant milestone for the company, potentially increasing its visibility among small-cap focused investors.
According to FTSE Russell data, approximately $10.6 trillion in assets are benchmarked against Russell US indexes as of June 2024. The Russell 2000 Index specifically measures the performance of the small-cap segment of the US equity universe and is a subset of the broader Russell 3000 index.
Energy Services of America (NASDAQ: ESOA) reported challenging fiscal Q2 2025 results, with revenue increasing 8% to $76.7 million but posting a significant net loss of $6.8 million ($0.41 per share). The quarter saw a dramatic decline in gross profit to just $78,000, down from $6.2 million in the prior year. Despite operational challenges, the company's backlog grew to $280.7 million, up from $222.8 million year-over-year.
The poor performance was primarily attributed to unfavorable weather conditions affecting fixed cost coverage, particularly in the C.J. Hughes business. The company's Gas & Water Distribution segment showed growth, offsetting declines in Gas & Petroleum Transmission. Management remains optimistic about the second half of fiscal 2025, citing strong demand for water distribution projects and potential growth from the Tribute acquisition completed in December 2024.
Energy Services of America (Nasdaq: ESOA) has announced its participation in the 37th Annual ROTH Conference scheduled for March 17, 2025. The company's management team will be available for one-on-one meetings with investors during the conference. Interested investors can arrange meetings through their ROTH representative or submit a direct request through the provided channel.
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