Enservco (ENSV) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Enservco (ENSV) Posts Quarterly  Earnings Results, Beats Expectations By $0.02 EPS

Enservco (NYSEAMERICAN:ENSV) posted its earnings results on Wednesday. The oil and gas producer reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.02, Morningstar.com reports.

ENSV opened at $0.45 on Thursday. Enservco has a fifty-two week low of $0.33 and a fifty-two week high of $1.50.

An institutional investor recently raised its position in Enservco stock. Vanguard Group Inc. boosted its stake in shares of Enservco Corp (NYSEAMERICAN:ENSV) by 20.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 852,566 shares of the oil and gas producer’s stock after buying an additional 143,177 shares during the quarter. Vanguard Group Inc. owned approximately 1.57% of Enservco worth $674,000 as of its most recent SEC filing.

Enservco Company Profile

Enservco Corporation, through its subsidiaries, provides oil field services to the onshore oil and natural gas industry in the United States. The company operates through Well Enhancement Services, Water Transfer Services, Water Hauling Services, and Construction Services segments. It offers frac water heating, hot oiling, pressure testing, acidizing, water transfer, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services.

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