NYSE$ENSV
Enservco Corp · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Enservco experienced a challenging fourth quarter due to declining customer activity levels.
Enservco's Q4 2019 revenue declined to $8.1 million from $13.3 million in the same quarter last year, with a net loss of $3.3 million compared to a net loss of $517,000. The company faced challenges due to a decline in customer activity levels and pricing pressure.
- Total revenue declined to $8.1 million from $13.3 million.
- Production services revenue was flat at $3.5 million.
- Completion services revenue declined to $4.6 million from $9.8 million.
- Net loss was $3.3 million versus a net loss of $517,000.
Headline financials
Revenue & EPS history
Enservco · Revenue · Quarterly
$8.08M
Revenue by segment
Enservco · $8.1M total across 2 segments · Q4 2019
- Completion services$4.6M-53.1%56.8%
- Production services$3.5M—43.2%
Forward guidance
Activity levels have continued to decline into 2020 and are likely to remain depressed in the near term due to pressure on crude oil prices related to the Saudi-Russia oil price war and to the impact of COVID-19 on the world economy.
Tailwinds
- Grew market share in 2019 as a result of acquisition of Adler Hot Oil Services.
- Ended the year with largest customer base in company history.
- Closed non-strategic water transfer business.
- Renewed focus on core competencies in production and completion services.
- Eliminated $1.1 million in redundant costs associated with the Adler transaction.
Headwinds
- Activity levels have continued to decline into 2020.
- Activity levels are likely to remain depressed in the near term.
- Pressure on crude oil prices related to the Saudi-Russia oil price war.
- Impact of COVID-19 on the world economy.
- Unseasonably warm fourth quarter in Oklahoma negatively impacted frac water heating revenue.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
-1.2%
Avg return
Earnings day
+0.2%
Avg return
5 days after
-3.6%
Avg return
30 days after
40%
24 / 60 earnings
Positive
+41.5%
Q1 2023
Best reaction
-25.0%
Q1 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2024 | -8.3% | -20.8% | -20.0% | |
| Q2 2024 | -6.2% | -12.2% | -32.2% | |
| Q1 2024 | +3.4% | +49.9% | +14.6% | |
| Q4 2023 | +3.4% | +20.2% | +18.9% | |
| Q3 2023 | -4.4% | -1.5% | -23.4% | |
| Q2 2023 | -6.3% | -14.0% | +5.0% | |
| Q1 2023 | +41.5% | +17.1% | -4.2% | |
| Q4 2022 | -6.7% | -5.5% | -19.6% | |
| Q3 2022 | -7.5% | -12.3% | -23.3% | |
| Q1 2022 | +6.5% | +51.4% | +85.5% | |
| Q2 2022 | +13.1% | +3.4% | -15.4% | |
| Q4 2021 | +13.1% | +3.4% | -15.4% | |
| Q4 2024 | -17.6% | -17.6% | -6.7% | |
| Q3 2021 | -10.5% | -15.8% | -27.8% | |
| Q2 2021 | -3.3% | +4.9% | +12.3% | |
| Q1 2021 | +7.1% | +4.7% | -19.5% | |
| Q4 2020 | -9.4% | -4.2% | -33.4% | |
| Q3 2020 | -3.8% | -10.4% | -5.2% | |
| Q2 2020 | +6.4% | -1.1% | -25.0% | |
| Q1 2020 | +3.0% | -6.9% | +55.8% | |
| Q4 2019 | -8.4% | -3.5% | +0.9% | |
| Q3 2019 | +5.9% | +1.0% | +23.2% | |
| Q2 2019 | -14.8% | -15.6% | -42.2% | |
| Q1 2019 | -1.2% | -10.4% | -15.4% | |
| Q4 2018 | +8.2% | +5.4% | -10.6% | |
| Q3 2018 | +3.9% | -0.8% | -24.0% | |
| Q2 2018 | -0.8% | -11.0% | -13.4% | |
| Q1 2018 | -5.5% | +0.0% | +22.0% | |
| Q4 2017 | -10.0% | -16.5% | -5.3% | |
| Q3 2017 | -16.3% | -13.6% | -11.2% | |
| Q2 2017 | +4.2% | +14.5% | +25.0% | |
| Q1 2017 | +16.6% | +18.0% | -3.8% | |
| Q4 2016 | +11.5% | -6.5% | +14.7% | |
| Q3 2016 | +4.8% | +21.9% | +7.7% | |
| Q2 2016 | -5.1% | -7.3% | -14.7% | |
| Q1 2016 | -9.0% | — | — | |
| Q4 2015 | -10.8% | — | — | |
| Q3 2015 | +7.9% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | -8.3% | — | — | |
| Q3 2014 | -2.8% | — | — | |
| Q2 2014 | -2.9% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | +2.0% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +7.5% | — | — | |
| Q3 2012 | -8.9% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | -25.0% | — | — | |
| Q4 2011 | -21.3% | — | — | |
| Q3 2010 | -11.5% | — | — | |
| Q3 2011 | -11.5% | — | — | |
| Q2 2011 | +5.8% | — | — | |
| Q1 2011 | +5.8% | — | — | |
| Q2 2010 | +5.8% | — | — | |
| Q4 2010 | +4.4% | — | — | |
| Q1 2010 | -1.7% | — | — |
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