Welcome to our dedicated page for Energy Services of America news (Ticker: ESOA), a resource for investors and traders seeking the latest updates and insights on Energy Services of America stock.
Energy Services of America Corporation reports developments tied to its contracting and service work for natural gas, petroleum, water distribution, automotive, chemical, and power customers in the mid-Atlantic and Central United States. Recurring updates cover operating results, backlog and project activity in Gas & Water Distribution and Gas & Petroleum Transmission, as well as demand for pipeline, water, wastewater, electrical, mechanical, and general construction services.
Company news also includes capital actions such as common stock offerings and dividends, shareholder voting matters, and completed acquisitions. Corporate development has included Nitro Construction Services' acquisition of Rigney Digital Systems, adding HVAC control systems design, installation, and service capabilities.
Energy Services of America (Nasdaq: ESOA) reported fiscal Q2 2026 revenue of $93.2 million, up 21.5% year-over-year, with gross margin improving to 11.0%. Net income was $0.2 million ($0.01 per diluted share) versus a $6.8 million loss a year ago.
Adjusted EBITDA reached $4.7 million versus a ($4.9) million loss. Backlog rose to $325.1 million, up $23.4 million sequentially. The company completed a 2,001,000 share equity offering, generating $21.2 million in net proceeds.
Energy Services of America (NASDAQ:ESOA) said the underwriter exercised its overallotment option, issuing 261,000 additional shares at the public offering price of $11.50 per share.
After underwriting discounts and commissions but before other expenses, the company expects approximately $2.8 million in proceeds. Lake Street Capital Markets served as sole underwriter and Roth Capital Partners acted as financial advisor. The offering was made under a shelf registration on Form S-3 (File No. 333-280025).
Energy Services of America (NASDAQ:ESOA) priced an underwritten public offering of 1,740,000 common shares at $11.50 per share, with a 30-day underwriter option for up to 261,000 additional shares. Aggregate gross proceeds are approximately $20.0 million (about $23.0 million if the option is exercised).
The company expects the offering to close on February 20, 2026. Net proceeds are intended for general corporate purposes, working capital and potential acquisitions; no specific acquisition is currently planned.
Energy Services of America (ESOA) announced a proposed underwritten public offering of common stock on Feb. 18, 2026. The offering includes a 30-day underwriter option to purchase up to 15% additional shares. Proceeds are planned for general corporate purposes, working capital and potential acquisitions.
The offering is subject to market conditions and may not be completed as described. Lake Street Capital Markets is the sole underwriter and the company filed a Form S-3 shelf registration (File No. 333-280025) and a preliminary prospectus supplement with the SEC.
Energy Services of America (NASDAQ: ESOA) reported first quarter fiscal 2026 results for the period ended December 31, 2025, with revenue of $114.1M (up 13.4% YoY), gross profit $14.0M, gross margin of 12.3%, net income of $2.7M ($0.16 diluted), and adjusted EBITDA of $8.0M.
Backlog rose sequentially by $41.7M to $301.4M, driven by Gas & Water Distribution and new Gas & Petroleum Transmission projects.
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.