Energy Services of America Corp Reports Fiscal Second Quarter 2025 Results

Energy Services of America Corp, a company specializing in energy industry services, has released its fiscal second quarter 2025 results. The company, based in Huntington, United States, is known for constructing and repairing natural gas pipelines and installing water and sewer lines. Listed on the Nasdaq stock exchange, Energy Services of America Corp reported a revenue of $76.7 million for the quarter, marking an 8% increase from the previous year.

Despite the revenue growth, the company faced challenges due to adverse weather conditions, which impacted profitability. The gross profit for the quarter was $78,000, a significant decrease from $6.2 million in the same period last year. Consequently, the company reported a net loss of $6.8 million, or ($0.41) per share.

Doug Reynolds, President of Energy Services, noted that the second quarter is typically the lowest revenue period due to weather impacts. This quarter was particularly affected by unfavorable conditions, which reduced fixed cost coverage, especially within the C.J. Hughes business segment.

On a positive note, the company’s backlog increased by $37 million sequentially from September 30, 2024, to March 31, 2025, reaching $280.7 million. This increase in backlog is a promising sign for future revenue and profitability.

As of May 8, 2025, the close price of Energy Services of America Corp’s stock was $9.42. The company’s market capitalization stands at $151.48 million, with a price-to-earnings ratio of 6.28. The stock has experienced a 52-week high of $19.83 on December 15, 2024, and a 52-week low of $5.89 on May 21, 2024.

For more detailed information about the company’s services and initiatives, interested parties can visit their website at www.energyservicesofamerica.com .