Energy Services of America Corporation Announces Pricing of $20.0 Million Public Offering of Common Stock [Accessibility Statement] Skip NavigationHUNTINGTON, W.Va., Feb. 19, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company"), today announced the pricing of an underwritten public offering of 1,740,000 shares of its common stock at a price to the public of $11.50 per share. The Company also granted the underwriter a 30-day option to purchase up to an additional 261,000 shares of comm ...

Energy Services of America Corporation Announces Proposed Public Offering of Common Stock [Accessibility Statement] Skip NavigationHUNTINGTON, W.Va., Feb. 18, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company") today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The Company also expects to grant the underwriter a 30-day option to purchase additional shares of common stock of the Company in an amount of up to 15% of the numb ...

(State or Other Jurisdiction of Incorporation or Organization) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 31, 2025. Commission File Number: 001-32998 Energy Services of America Corporation (Exact Name of Registrant as Specified in Its Charter) 75 West 3 rd Ave., Huntington, West Virginia 25701 (Address of Princip ...

Records 13.4% Year-over-Year Revenue Increase and $41.7 Million Increase in Sequential Backlog HUNTINGTON, W.Va., February 9, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its first quarter ended December 31, 2025. First Quarter Highlights All comparisons are versus the comparable prior year period, unless otherwise stated. Exhibit 99.1 Energy Services of America Reports First Quarter Fiscal 2026 Results First ...

Core Insights - Energy Services of America Corporation reported a 13.4% year-over-year revenue increase, totaling $114.1 million for the first quarter of fiscal 2026, compared to $100.6 million in the same period last year [4][8] - The company experienced a sequential backlog increase of $41.7 million, reaching $301.4 million as of December 31, 2025, up from $259.7 million on September 30, 2025 [7][8] Financial Performance - Gross profit for the quarter was $14.0 million, an increase from $10.3 million in the prior-year quarter, with a gross margin improvement to 12.3% from 10.2% [5][8] - Selling and administrative expenses rose to $9.1 million, primarily due to the full quarter impact of the Tribute acquisition [6] - Net income increased to $2.7 million, or $0.16 per diluted share, compared to $854,000, or $0.05 per diluted share in the first quarter of fiscal 2025 [6][8] - Adjusted EBITDA for the quarter was $8.3 million, up from $4.3 million in the prior-year quarter [8] Segment Performance - The Gas & Water Distribution segment saw a revenue increase of 30% year-over-year, driven by ongoing replacement and upgrade cycles by municipalities and private utility companies [3] - The Electrical, Mechanical, and General projects segment experienced a slight revenue decline year-over-year, but backlog increased by $7 million sequentially due to strong demand for large construction projects [3]

Financial Performance - As of September 30, 2025, the Company reported a backlog of $259.7 million in contracts to be completed, up from $243.2 million on September 30, 2024[44]. - The Company received $9.8 million in PPP Loans, which were forgiven by the SBA in fiscal year 2021, but is currently under review, leading to a restatement of financial statements for fiscal years 2022 and 2021[41]. - The Company has a short-term borrowing recorded due to the SBA inquiry regarding the PPP Loans, amounting to $9.8 million plus accrued interest[41]. Workforce and Employment - As of September 30, 2025, the Company employed 1,418 individuals, including 558 full-time non-union employees[61]. - The Company emphasizes employee health and safety, providing various insurance plans and wellness programs to its workforce[62]. Industry Competition - The pipeline, electrical, and mechanical construction industries are highly competitive, with significant competition from larger firms that may have greater financial resources[51]. - The Company’s contracts are typically awarded on a competitive basis, with pricing and timely project completion being key factors in contract awards[46]. Regulatory and Compliance - Energy Services' operations are subject to various environmental regulations, which could impose compliance costs but have not materially affected earnings to date[54]. Research and Development - The Company has not made any material expenditures for research and development and does not own any patents, trademarks, or licenses[60]. Supply Chain and Materials - The Company anticipates being able to obtain necessary raw materials for ongoing projects, although delays may occur if customers face challenges in sourcing materials[49].

Financial Performance - Revenue for fiscal 2025 was $411.0 million, a 16.8% increase from $351.9 million in fiscal 2024[6] - Gross profit for fiscal 2025 was $38.8 million, with a gross margin of 9.4%, down from $50.0 million and 14.2% in the prior year[12] - Net income for fiscal 2025 was $380,000, or $0.02 per diluted share, compared to $25.1 million, or $1.51 per diluted share in fiscal 2024[13] - Adjusted EBITDA for fiscal 2025 was $17.2 million, down from $28.8 million in the previous year[15] - Selling and administrative expenses for fiscal 2025 were $34.6 million, up from $30.1 million in the prior year[13] Backlog and Demand - Backlog as of September 30, 2025, was $259.7 million, an increase from $243.2 million as of September 30, 2024[14] - The company experienced strong demand in the Gas & Water Distribution segment, driven by municipal and private utility upgrades[7] - The company anticipates favorable outlook for fiscal 2026, with increased activity in Gas Transmission and Electrical, Mechanical, and General segments[7] Acquisitions and Dividends - The company acquired Rigney Digital Systems on September 30, 2025, and Tribute Contracting & Consultants on December 2, 2024[6] - The company doubled its dividend rate to $0.12 per share and converted to quarterly payments[6]

Core Insights - Energy Services of America Corporation reported a 16.8% increase in total annual revenue, reaching $411.0 million for fiscal 2025, compared to $351.9 million in fiscal 2024 [6][10] - The company achieved its highest quarterly revenue in history, with fourth-quarter revenues of $130.1 million, up from $104.7 million in the same quarter of the previous year [6][8] - The company faced challenges with profitability due to unfavorable winter weather impacting project timelines, but remains optimistic about future growth driven by strong demand in various segments [5][11] Fiscal 2025 Highlights - Full-year gross profit was $38.8 million, down from $50.0 million in fiscal 2024, resulting in a gross margin of 9.4% compared to 14.2% in the prior year [11] - Net income for fiscal 2025 was $380,000, or $0.02 per diluted share, significantly lower than $25.1 million, or $1.51 per diluted share, in fiscal 2024, which included a legal judgment gain [12] - Selling and administrative expenses increased to $34.6 million from $30.1 million in the previous year, reflecting additional personnel hired for expected growth [11] Fourth Quarter Financial Results - Fourth-quarter gross profit was $16.5 million, down from $17.6 million in the prior-year quarter, with a gross margin of 12.6% compared to 16.8% [7] - Net income for the fourth quarter was $4.2 million, or $0.25 per diluted share, compared to $6.7 million, or $0.40 per diluted share, in the fourth quarter of fiscal 2024 [9] - Adjusted EBITDA for the fourth quarter was $11.3 million, slightly up from $11.1 million in the prior-year quarter [8][14] Strategic Acquisitions and Future Outlook - The company acquired Rigney Digital Systems on September 30, 2025, which is expected to enhance service offerings and improve margins [8] - The acquisition of Tribute Contracting & Consultants in December 2024 contributed to growth in the Gas & Water Distribution segment [5] - The company anticipates continued strong demand in the water and wastewater segment, as well as increased construction opportunities in the Electrical, Mechanical, and General segment [5]

Summary of Energy Services of America Corporation (NasdaqCM: ESOA) FY Conference Company Overview - **Company Name**: Energy Services of America Corporation (ESOA) - **Industry**: Infrastructure services, specifically in water and natural gas distribution, natural gas transmission, and electrical/mechanical services [2][3] Key Points and Arguments 1. **Stock Performance**: The stock price has fluctuated, recently dropping from $12 to $8.60, presenting a potential buying opportunity [2][3] 2. **Business Model**: ESOA primarily operates in the infrastructure sector, focusing on water and natural gas distribution, rather than oil and gas field services [3][4] 3. **Revenue and EBITDA**: The company reported $350 million in revenue and $28 million in EBITDA last year, with a goal to improve EBITDA margins to over 10% in the coming years [4][10] 4. **Acquisitions**: ESOA has made strategic acquisitions, including a $40 million water and wastewater contractor and a small HVAC controls company, Rigni Digital, which has high gross margins [5][12][26] 5. **Backlog Growth**: The backlog has increased from $70 million to $300 million over four years, primarily driven by water and general services contracts [6][25] 6. **Market Position**: ESOA competes with larger firms like Primoris and MasTec but maintains a lower stock valuation despite strong operational performance [5][6] 7. **Customer Base**: Major customers include regulated utilities and large industrial clients like Toyota and Nucor [7][11] 8. **Labor Challenges**: The company faces challenges in finding skilled labor, which limits growth potential; however, there is a growing emphasis on trades programs [22][49] 9. **Future Outlook**: The CEO projects revenue exceeding $500 million and EBITDA margins over 10% within five years, with a focus on organic growth and strategic acquisitions [43][46] Additional Important Insights 1. **Market Dynamics**: The gas transmission business has seen a decline due to low natural gas prices and political factors, but there are signs of recovery and increased project opportunities [37][40] 2. **Capital Allocation**: The board prioritizes dividends and organic growth, with a strategy to buy back stock when undervalued [28][29] 3. **Acquisition Strategy**: ESOA aims to acquire companies that can provide skilled labor and enhance operational capabilities [50] 4. **Job Size Variability**: The average job size varies significantly, with smaller contracts in water and gas distribution and larger contracts in gas transmission [51][52] This summary encapsulates the key aspects of the conference, highlighting the company's current status, strategic direction, and market challenges.

Core Points - Energy Services of America (Nasdaq: ESOA) will have its President Doug Reynolds and CFO Charles Crimmel present at the Southwest IDEAS Investor Conference on November 20, 2025 [1] - The presentation is scheduled to start at 4:20 PM ET and will be available via webcast [1] Company Overview - Energy Services of America Corporation is headquartered in Huntington, WV, and operates primarily in the mid-Atlantic and Central regions of the United States [3] - The company provides services to various industries including natural gas, petroleum, water distribution, automotive, chemical, and power [3] - Energy Services employs over 1,000 employees regularly and emphasizes core values of safety, quality, and production [3]