Enservco Corporation – OTCQB: ENSV

Through its various operating subsidiaries, ENSERVCO has emerged as one of the energy service industry’s leading providers of hot oiling, acidizing, frac heating and fluid management services. The Company owns and operates a fleet of more than 230 specialized trucks, trailers, frac tanks and related well-site equipment. ENSERVCO serves customers in six major domestic oil and gas fields, and operates in Colorado, Kansas, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Ohio, Texas, Wyoming and West Virginia.

Shares for ENSV are up sharply since early July. Shares are nearly triple levels from one year ago.

On August 13, 2013, the Company issued the following release:

ENSERVCO’s Second Quarter Revenue Increases 44% to $7.9 Million on Continued Strong Demand for Well Enhancement Services; Six-Month Revenue Advances 76% to $26.5 Million

These highlights appeared in this release:

• Second quarter adjusted EBITDA improves 329% to $1.4 million versus Q2 2012
• Six-month adjusted EBITDA up 261% to $8.7 million versus 2012 six-month period
• Six-month net income improves to $4.1 million, or $0.12 per diluted share
• Six-month cash flow from operations improves 337% to $8.5 million
• Cash position increases to $5.7 million from $534,000 at December 31, 2012
• Stockholders approve process for up-listing common stock to major exchange

UP NEXT: AN ENERGY STOCK THAT HAD SO MUCH CASH ON HAND IT JUST ISSUED A DIVIDEND