Enservco Corp. (ENSV) Misses Q1 EPS by 3c
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ENSERVCO Reports First Quarter Financial Results
May 12, 2016 7:00 AM EDTDENVER, CO -- (Marketwired) -- 05/12/16 -- ENSERVCO Corporation (NYSE MKT: ENSV)
Company continues to generate positive EBITDA and cash flow from operations despite industry downturn and impact of El Nino on frac water heating services. Maintains strong balance sheet; recent equipment appraisal affirms collateral position and borrowing availability under senior credit facility Expansion into Eagle Ford continues as Company grows hot oil service line and wins first acidizing business with major E&P customer Recently granted dirt... More
