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Hot Stocks
Enservco urges stockholders to vote for proposal to reincorporate in Nevada » 09:01
07/19/21
07/19
09:01
07/19/21
09:01
ENSV

Enservco

$1.35 /

-0.035 (-2.53%)

Enservco Corporation…

Enservco Corporation reminds investors that the Annual Meeting of Stockholders will reconvene on July 23, 2021, at 10:00 a.m. Mountain Time and urges stockholders to vote in favor of the proposal to reincorporate the company in Nevada. The reincorporation proposal must be approved by a majority of the total shares outstanding. If you do not vote, your non-vote will have the same effect as a vote against the reincorporation proposal. Enservco adjourned its Annual Meeting of Stockholders on June 25, 2021, with respect to its proposal to reincorporate the Company in the state of Nevada. During the period of adjournment, the Company continues to solicit votes in favor of the reincorporation proposal. "Management and the Board believe reincorporation is in the best interests of all stockholders and we are encouraging our investors to vote their shares in favor of the proposal no matter how many shares they own," said Marjorie Hargrave, President and CFO.

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ENSV Enservco
$1.35 /

-0.035 (-2.53%)

ENSV Enservco
$1.35 /

-0.035 (-2.53%)

03/30/21 Alliance Global Partners
Enservco initiated with a Buy at Alliance Global Partners
03/29/21 Ascendiant
Enservco price target raised to $7.25 from $7 at Ascendiant
ENSV Enservco
$1.35 /

-0.035 (-2.53%)

Hot Stocks
Enservco urges stockholders to vote for proposal to reincorporate in Nevada » 09:15
07/15/21
07/15
09:15
07/15/21
09:15
ENSV

Enservco

$1.51 /

+0.01 (+0.67%)

Enservco Corporation…

Enservco Corporation urges shareholders to vote in favor of the proposal to reincorporate the company in the state of Nevada. The reincorporation proposal must be approved by a majority of the total shares outstanding. If shareholders do not vote, such non-votes will have the same effect as a vote against the reincorporation proposal. Enservco adjourned its Annual Meeting of Stockholders on June 25, 2021, with respect to its proposal to reincorporate the Company in the state of Nevada. During the period of adjournment, the Company continues to solicit votes in favor of the reincorporation proposal. "Management and the Board believe reincorporation is in the best interests of all stockholders and we are encouraging our investors to vote their shares in favor of the proposal no matter how many shares they own," said Marjorie Hargrave, President and CFO.

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ENSV Enservco
$1.51 /

+0.01 (+0.67%)

ENSV Enservco
$1.51 /

+0.01 (+0.67%)

03/30/21 Alliance Global Partners
Enservco initiated with a Buy at Alliance Global Partners
03/29/21 Ascendiant
Enservco price target raised to $7.25 from $7 at Ascendiant
ENSV Enservco
$1.51 /

+0.01 (+0.67%)

Hot Stocks
Enservco adjourns annual meeting of stockholders to solicit proxies » 08:17
06/28/21
06/28
08:17
06/28/21
08:17
ENSV

Enservco

$1.67 /

+0.07 (+4.38%)

Enservco Corporation…

Enservco Corporation announced that on June 25, 2021, it adjourned its Annual Meeting of Stockholders with respect to its proposal to reincorporate the Company in the state of Nevada. The Annual Meeting will be reconvened on July 23, 2021, at 10:00 a.m. Mountain Time at the Company's headquarters. During the period of adjournment, the Company will continue to accept stockholder votes only on its proposal to reincorporate the Company in the state of Nevada. The Company intends to engage proxy solicitation firm Advantage Proxy to contact shareholders and solicit their support for Enservco's proposal to reincorporate the Company in the state of Nevada. Such reincorporation is expected to result in significant annual cost savings for the Company. Enservco's Board of Directors strongly recommends that shareholders vote in favor the reincorporation proposal. In other business at the June 25th meeting, stockholders ratified the appointment of Plante & Moran, PLLC, as the Company's independent registered public accounting firm; reelected Richard Murphy, William Jolly and Robert Herlin as directors; and approved the adjournment of the Annual Meeting of Stockholders.

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ENSV Enservco
$1.67 /

+0.07 (+4.38%)

ENSV Enservco
$1.67 /

+0.07 (+4.38%)

03/30/21 Alliance Global Partners
Enservco initiated with a Buy at Alliance Global Partners
03/29/21 Ascendiant
Enservco price target raised to $7.25 from $7 at Ascendiant
ENSV Enservco
$1.67 /

+0.07 (+4.38%)

Over a quarter ago
Earnings
Enservco reports Q1 EPS (24c), two est. (10c) » 08:39
05/13/21
05/13
08:39
05/13/21
08:39
ENSV

Enservco

$1.30 /

+0.035 (+2.77%)

Reports Q1 revenue $5.1M,…

Reports Q1 revenue $5.1M, two est. $6.69M. "The increase in commodity prices during the first quarter did not translate into increased completions activity as quickly as we might have expected. That, combined with continued impact of the pandemic and periods of unseasonably warm weather, resulted in lower than anticipated revenue in the first quarter," said Rich Murphy, Executive Chairman. "On a brighter note, we anticipate improved results during our upcoming heating season based on current higher commodity prices compared to last year, increased requests for proposals and recent new customer wins, and successful implementation of 10-15% price increases in certain markets. In addition, we continued to grow our partnerships with two large oilfield services companies in the first quarter and we expect these relationships to further expand next season. We are focusing more resources on our year-round hot oiling service business, where we see good potential for expansion and have commenced a $400,000 capex project for our hot oiling fleet that will conclude in September," Murphy added. "Our Jourdanton yard in south Texas remains busy and has our largest concentration of hot oilers with 19 units. We are now working to establish a presence in east Texas to serve customers in the Haynesville Shale and other fields in the Ark-La-Tex region. We have two hot oilers scheduled to commence full-time operations this month with the potential to add up to a dozen units by year-end. In the meantime, we are augmenting our traditional services with non-oilfield services such as equipment and dirt hauling, which contributed profitable revenue in the first quarter that's expected to continue in the second and third quarters."

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ENSV Enservco
$1.30 /

+0.035 (+2.77%)

ENSV Enservco
$1.30 /

+0.035 (+2.77%)

03/30/21 Alliance Global Partners
Enservco initiated with a Buy at Alliance Global Partners
03/29/21 Ascendiant
Enservco price target raised to $7.25 from $7 at Ascendiant
05/18/20 Ascendiant
Enservco price target raised to 35c from 30c at Ascendiant
Initiation
Enservco initiated with a Buy at Alliance Global Partners » 07:06
03/30/21
03/30
07:06
03/30/21
07:06
ENSV

Enservco

$1.78 /

-0.06 (-3.26%)

Alliance Global Partners…

Alliance Global Partners analyst Jeffrey Campbell initiated coverage of Enservco with a Buy rating and $3 price target. While admitting 2020 was "very rough" for oil and gas businesses, Campbell contends that well completions were "already weakening before the 2020 apocalypse." In that context, the company's "aggressive" operating and corporate expense reductions have has better aligned Enservco's cost structure to future demand, argues Campbell, who views the stock as an investment in a durable and growing oil well maintenance trend with less emphasis on exposure to new well development.

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ENSV Enservco
$1.78 /

-0.06 (-3.26%)

ENSV Enservco
$1.78 /

-0.06 (-3.26%)

03/29/21 Ascendiant
Enservco price target raised to $7.25 from $7 at Ascendiant
05/18/20 Ascendiant
Enservco price target raised to 35c from 30c at Ascendiant
Recommendations
Enservco price target raised to $7.25 from $7 at Ascendiant » 06:35
03/29/21
03/29
06:35
03/29/21
06:35
ENSV

Enservco

$1.84 /

+0.04 (+2.22%)

Ascendiant analyst Edward…

Ascendiant analyst Edward Woo raised the firm's price target on Enservco to $7.25 from $7 and keeps a Buy rating on the shares following the company's Q4 results. The analyst expects "much better" 2021 results on the oil price rebound, debt reduction and and new capital.

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ENSV Enservco
$1.84 /

+0.04 (+2.22%)

ENSV Enservco
$1.84 /

+0.04 (+2.22%)

05/18/20 Ascendiant
Enservco price target raised to 35c from 30c at Ascendiant
Hot Stocks
Enservco lender extends maturity date of term loan, line of credit » 09:03
02/02/21
02/02
09:03
02/02/21
09:03
ENSV

Enservco

$2.06 /

+0.02 (+0.98%)

Enservco Corporation…

Enservco Corporation announced that its lender, East West Bank, has extended the maturity date of the Company's $17 million term loan and $1 million working capital line of credit by one year - from October 15, 2021, to October 15, 2022.

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ENSV Enservco
$2.06 /

+0.02 (+0.98%)

ENSV Enservco
$2.06 /

+0.02 (+0.98%)

05/18/20 Ascendiant
Enservco price target raised to 35c from 30c at Ascendiant
03/23/20 Alliance Global Partners
Enservco downgraded to Neutral from Buy at Alliance Global Partners
ENSV Enservco
$2.06 /

+0.02 (+0.98%)

Hot Stocks
Enservco appoints Marjorie Hargrave as president » 08:39
10/07/20
10/07
08:39
10/07/20
08:39
ENSV

Enservco

$0.16 /

+0.004 (+2.58%)

Enservco Corporation…

Enservco Corporation announced that CFO Officer Marjorie Hargrave has been elected to the additional role of President. Enservco also announced that Amanda Dalbey has been promoted to Vice President of Operations from her former position as Director of Operations.

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ENSV Enservco
$0.16 /

+0.004 (+2.58%)

ENSV Enservco
$0.16 /

+0.004 (+2.58%)

05/18/20 Ascendiant
Enservco price target raised to 35c from 30c at Ascendiant
03/23/20 Alliance Global Partners
Enservco downgraded to Neutral from Buy at Alliance Global Partners
ENSV Enservco
$0.16 /

+0.004 (+2.58%)

ENSV Enservco
$0.16 /

+0.004 (+2.58%)

Hot Stocks
Enservco closes agreement to amend senior revolving credit facility » 08:33
09/28/20
09/28
08:33
09/28/20
08:33
ENSV

Enservco

$0.14 /

+0.0023 (+1.71%)

Enservco announced it has…

Enservco announced it has closed its refinancing agreement with East West Bank. The refinancing significantly strengthens Enservco's balance sheet by cutting its bank debt nearly in half and increasing shareholders' equity by approximately $17.5M. The new financing includes a $17M term loan and a $1M working capital revolving line of credit with no initial balance - both of which have October 15, 2021, maturity dates. The term loan is interest only with potential for principal payments in the event Enservco reaches certain profit metrics. In return for the $16M in debt reduction, Enservco issued to EWB eight million shares of restricted common stock that will not be tradeable for six months and 15M common stock purchase warrants exercisable at 25c per share beginning October 15, 2021, through October 15, 2026. Complete details of the refinancing are available on the Form 8-K filed by Enservco with the SEC on September 28, 2020.

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ENSV Enservco
$0.14 /

+0.0023 (+1.71%)

ENSV Enservco
$0.14 /

+0.0023 (+1.71%)

05/18/20 Ascendiant
Enservco price target raised to 35c from 30c at Ascendiant
03/23/20 Alliance Global Partners
Enservco downgraded to Neutral from Buy at Alliance Global Partners
ENSV Enservco
$0.14 /

+0.0023 (+1.71%)

ENSV Enservco
$0.14 /

+0.0023 (+1.71%)

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