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Energy Services of America Corporation Retains Three Part Advisors as Investor Relations Counsel

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Energy Services of America Corporation (ESOA) has partnered with Three Part Advisors, LLC for investor relations consulting, aiming to improve shareholder communication and awareness.
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The engagement of Three Part Advisors (TPA) by Energy Services of America Corporation is a strategic initiative aimed at strengthening shareholder relations and improving market perception. This move could signal the company's commitment to transparency and proactive communication, which are vital in maintaining investor confidence, especially in the volatile energy sector. TPA's role in increasing awareness among investors may lead to more informed and potentially more favorable investment decisions, thus possibly affecting the company's stock liquidity and market capitalization.

Enhanced communication efforts can also serve as a catalyst for the company's future financing endeavors, as a well-informed investor base can be more receptive to capital raises or debt offerings. Moreover, this could indicate that the company is gearing up for significant operational developments or strategic shifts that require careful messaging to the market.

From a financial perspective, the partnership with TPA could be viewed as an investment in the company's market performance. While the immediate costs associated with hiring an investor relations firm may impact short-term expenses, the long-term benefits could outweigh the initial expenditure. A robust investor relations strategy can lead to a better understanding of the company's value proposition, potentially resulting in a more accurately priced stock.

It's also essential to consider the timing of this announcement. If it coincides with other market-moving events or financial disclosures, the impact on the stock's volatility and investor sentiment could be amplified. Investors should monitor subsequent communications and market reactions to gauge the effectiveness of TPA's involvement.

The decision to retain a specialized investor relations firm highlights the importance of strategic communication in the corporate world. TPA's expertise in crafting and disseminating the company narrative can lead to a more cohesive and compelling corporate story. In the energy industry, where public perception and regulatory scrutiny are high, effective communication can differentiate a company and potentially influence its competitive position.

Moreover, the ability to articulate complex financial and operational information in a clear and engaging manner is crucial. It can help demystify industry-specific jargon and make the company's performance and strategy more accessible to retail investors, who are playing an increasingly significant role in the stock market.

HUNTINGTON, W.Va., March 6, 2024 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced it has retained Three Part Advisors, LLC ("TPA"), a rapidly growing, full-service investor relations consulting firm.

"We have retained Three Part Advisors to help us better connect with our shareholders and enhance our communication efforts," commented Douglas Reynolds, President, and CEO. "TPA has a strong reputation for working with great companies and will be instrumental in proactively increasing awareness and educating investors about the significant opportunities that lie ahead for our Company as we work to unlock value for our shareholders."

Three Part Advisors will work directly with management to develop and execute a comprehensive, strategic investor relations program that focuses on educating investors and increasing exposure within the investment community. In addition to providing investor relations consulting services, Three Part Advisors also produces IDEAS Conferences, which are annual independent regional investor conferences that attract more than 150 quality presenting companies and more than 1,000 investors and analysts annually.

"We are excited to work with Energy Services of America Corporation on its investor relations program," said Steven Hooser, Partner at Three Part Advisors. "Their story is compelling and in many ways has gone under the radar within the investment community. Energy Servies is laser focused on delivering superior service with an emphasis on employee and environmental safety and well-positioned to generate solid returns. We look forward to presenting their story to existing and future investors."

About Energy Services

Energy Services of America Corporation (NASDAQ: ESOA), headquartered in Huntington, WV, is a contractor and service company that operates primarily in the mid-Atlantic and Central regions of the United States and provides services to customers in the natural gas, petroleum, water distribution, automotive, chemical, and power industries. Energy Services employs 1,000+ employees on a regular basis. The Company's core values are safety, quality, and production.

About Three Part Advisors, LLC

Three Part Advisors, LLC provides independent research, investor relations, and corporate development consulting services. The firm has a proven record of assisting public company clients to increase trading liquidity and decrease stock price volatility, which ultimately impacts total valuation and lowers the cost of capital. Three Part Advisors' professionals design custom investor relations programs to improve visibility, develop the right message, and attract the right investors for clients' current goals and strategic vision. More information is available at www.threepa.com

Cision View original content:https://www.prnewswire.com/news-releases/energy-services-of-america-corporation-retains-three-part-advisors-as-investor-relations-counsel-302081776.html

SOURCE Energy Services of America Corporation

FAQ

What is the latest partnership announced by Energy Services of America Corporation (ESOA)?

Energy Services of America Corporation (ESOA) has partnered with Three Part Advisors, LLC for investor relations consulting.

Why did Energy Services of America Corporation (ESOA) choose Three Part Advisors, LLC for investor relations consulting?

Energy Services of America Corporation (ESOA) chose Three Part Advisors, LLC to better connect with shareholders and enhance communication efforts.

Who commented on the partnership between Energy Services of America Corporation (ESOA) and Three Part Advisors, LLC?

Douglas Reynolds, President, and CEO of Energy Services of America Corporation (ESOA) commented on the partnership.

Energy Services of America Corporation

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Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
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