ENSV Enservco Dashboard

Through its various operating subsidiaries, Enservco provides a wide range of oilfield services, including hot oiling, acidizing, frac water heating and related services. The Company has a broad geographic footprint covering seven major domestic oil and gas basins and serves customers in Colorado, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Ohio, Texas, Wyoming and West Virginia.

Company profile

Ticker

ENSV

Exchange

NYSE

Website

www.enservco.com

CEO

Ian Dickinson

Incorporated

Delaware

Location

Colorado

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Support Activities for Oil and Gas Operations

Industry (SIC)

Oil & Gas Field Services, NEC

Schlumberger • Halliburton • Helix Energy Solutions • Oceaneering International • Key Energy Services • RPC • Franks International • Basic Energy Services • Liberty Oilfield Services • Superior Energy Services ...

Former names

ASPEN EXPLORATION CORP

SEC CIK

0000319458

Corporate docs

Articles of Incorporation & Bylaws

IRS number

840811316

ENSV stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

ROCE Insights For Enservco

21 May 21

During Q1, Enservco (AMEX:ENSV) brought in sales totaling $5.14 million. However, earnings decreased 34.81%, resulting in a loss of $2.31 million. In Q4, Enservco brought in $2.39 million in sales but lost $3.54 million in earnings.

Enservco Q1 EPS $(0.24) Misses $(0.10) Estimate, Adj. EBITDA Loss $940K vs Loss $503K In Same Qtr. Last Year, Sales $5.10M Miss $6.69M Estimate

13 May 21

Enservco (AMEX:ENSV) reported quarterly losses of $(0.24) per share which missed the analyst consensus estimate of $(0.10) by 140 percent. This is a 380 percent decrease over losses of $(0.05) per share from the same

Earnings Scheduled For May 13, 2021

13 May 21

Companies Reporting Before The Bell • CASI Pharmaceuticals (NASDAQ:CASI) is estimated to report quarterly loss at $0.06 per share on revenue of $5.05 million.

Press releases

Pro users get this 30m faster

Enservco Corporation Schedules 2021 Second Quarter Conference Call

30 Jul 21

LONGMONT, Colo., July 30, 2021 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE:ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas

Enservco Corporation Urges Stockholders to Vote in Favor of Proposal to Reincorporate in Nevada

15 Jul 21

Approval of the proposal will result in significant cost savings for the CompanyEnservco's Board of Directors strongly recommends that shareholders vote in favorProposal must be approved by a majority of the total shares

Enservco Announces Investor Conference Call for Virtual Annual Meeting of Stockholders that Will Reconvene on July 23, 2021

13 Jul 21

LONGMONT, Colo., July 13, 2021 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE:ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas

Enservco Corp. to Host Earnings Call

13 May 21

Enservco Reports 2021 First Quarter Financial Results

13 May 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

13 May 21

3 Aug 21

31 Dec 21

Financial summary

Financial statements Chart ENSV financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Enservco earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.7M	3.7M	3.7M	3.7M	3.7M	3.7M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	786K	156.25K	874K	508K
Cash used (since last report)	n/a	n/a	3.25M	645.94K	3.61M	2.1M
Cash remaining	n/a	n/a	450.67K	3.05M	86.87K	1.6M
Runway (months of cash)	n/a	n/a	0.6	19.5	0.1	3.1

Beta Read what these cash burn values mean

Recent insider trades

ENSV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Feb 21	Cross River Partners	Common Stock	Other	Aquire J	No	No	2.18	601,674	1.31M	1,824,802
16 Feb 21	Cross River Partners	Warrant to Purchase Common Stock Common Stock	Other	Aquire J	No	No	2.507	150,418	377.1K	150,418
4 Jan 21	William A Jolly	Common Stock	Grant	Aquire A	No	No	0	29,412	0	31,412
4 Jan 21	Richard Murphy	Common Stock	Grant	Aquire A	No	No	0	29,412	0	34,339
4 Jan 21	Marjorie Anne Hargrave	Common Stock	Grant	Aquire A	No	No	0	50,000	0	72,000
4 Jan 21	William A Jolly	Common Stock	Grant	Aquire A	No	No	0	16,043	0	47,455

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

ENSV institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

26.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	13	8	+62.5%
Opened positions	7	1	+600.0%
Closed positions	2	9	-77.8%
Increased positions	4	1	+300.0%
Reduced positions	0	6	EXIT

13F shares	Current	Prev Q	Change
Total value	7.69M	433K	+1676.4%
Total shares	2.98M	231.72K	+1187.0%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Cross River Capital Management	2.02M	$5.59M	NEW
IOI Ionic Ventures	543.48K	$1.38M	NEW
Renaissance Technologies	103.82K	$180K	NEW
Hunter Associates Investment Management	70.28K	$122K	+6.0%
Vanguard	65.95K	$114K	+0.3%
United Asset Strategies	47.46K	$82K	NEW
Citadel Advisors	44.45K	$77K	+93.1%
Bridgeway Capital Management	31K	$54K	0.0%
Gsa Capital Partners	24.37K	$42K	NEW
Two Sigma Securities	17.49K	$30K	NEW

Largest transactions	Shares	Bought/sold	Change
Cross River Capital Management	2.02M	+2.02M	NEW
IOI Ionic Ventures	543.48K	+543.48K	NEW
Renaissance Technologies	103.82K	+103.82K	NEW
United Asset Strategies	47.46K	+47.46K	NEW
VIRT Virtu Financial	0	-43.52K	EXIT
Gsa Capital Partners	24.37K	+24.37K	NEW
Citadel Advisors	44.45K	+21.43K	+93.1%
Two Sigma Securities	17.49K	+17.49K	NEW
Susquehanna Fundamental Investments	15.1K	+15.1K	NEW
Hunter Associates Investment Management	70.28K	+4K	+6.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Revenues for the three months ended March 31, 2021, decreased approximately $4.2 million, or 45%, from the comparable period last year due to weakness in domestic oil and gas activity levels, and the broader impact of the COVID-19 pandemic beginning in March 2020. Average North American rig count declined by 50% from 785 rigs in operation during the first quarter of 2020 to 393 rigs in operation during the first quarter of 2021.
Segment profits for the three-month period ended March 31, 2021, decreased by approximately $887,000, or 96%, due to the reasons noted above. Sales, general & administrative expense decreased by approximately $757,000, or 43%, year-over-year due primarily to a decrease in our bad debt expense and a decrease in outside professional services.
Net loss for the three months ended March 31, 2021, was approximately $2.2 million or $0.24 per share, compared to a net loss of approximately $2.8 million, or $0.77 per share, in the same period last year due to the factors noted above.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: accomplished, accrual, advantage, ample, Arabia, ATM, buyer, cessation, clarifying, commitment, Conversely, conversion, correctly, County, criteria, customary, deposit, Director, dissolved, earlier, highlighted, Judicial, leadership, locate, located, location, Longmont, national, officially, past, percent, promulgated, relocating, Road, Russia, Saudi, seventy, show, Simplifying, telephone, traditional, transport, treating, unamortized, underwriter, Underwriting, underwritten, website, wholly, withdrawn

Removed: absent, accept, adjust, administered, Administration, aid, alleged, analyzed, applied, approximate, arising, assist, assure, attract, auction, bargain, budget, building, care, category, Circuit, civil, claimed, clear, combining, complementary, conduct, confidentiality, Consent, consented, contemplating, contractually, cooperate, counterparty, court, curtail, dated, default, defense, deferring, deficit, Department, derivative, designation, determination, discrete, dismissed, disrupt, District, diversify, doubt, earnout, effort, enforce, event, exceeded, excluding, execute, execution, exhaustion, existed, expenditure, extinguish, fact, factor, floating, forced, foregoing, forgiven, grace, grow, growing, Hargrave, hedge, hedged, hold, holdback, HOTF, incomplete, incorporate, indemnification, indemnity, induced, inequitable, influencing, infringe, infringed, instrument, intellectual, international, introduced, invalid, inventor, involving, issue, Joinder, joined, junior, lack, large, largely, lawsuit, lender, letter, LIBOR, light, limit, link, litigation, LSA, Marjorie, membership, mitigated, monitor, mortgage, mutual, negative, noncontrolling, nonperformance, notional, obtain, operator, outbreak, outcome, owed, patent, Paycheck, personnel, PNC, posted, PPP, prepayment, previously, proactive, profile, promissory, Protection, realize, record, recoverability, recoverable, redefined, refunded, release, rely, reorganized, replacement, reportedly, representing, requirement, reserved, resolve, Restated, retained, retire, saltwater, satisfaction, Scoop, Seller, shareholder, simple, Small, specialist, Stack, strain, subordination, subsidiary, substantial, successful, swap, team, technology, test, thereon, thereunder, Title, traded, unenforceability, unenforceable, unique, unpaid, utilized, variability, view, waive, waived, wrongdoing

From filing 10-Q 2021 Q1