Docoh
Loading...

ENSV Enservco

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
CEO
Ian Dickinson
Employees
Incorporated
Location
Fiscal year end
Former names
ASPEN EXPLORATION CORP
SEC CIK
IRS number
840811316

ENSV stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

13 May 21
3 Aug 21
31 Dec 21
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

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 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%

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