Energy Services of America (NASDAQ:ESOA) Releases Quarterly Earnings Results, Beats Estimates By $0.17 EPS

Posted by Geri Gentry on May 12th, 2026

Energy Services of America (NASDAQ:ESOA – Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.17, Zacks reports. The company had revenue of $93.17 million for the quarter, compared to analyst estimates of $80.90 million.

Energy Services of America Trading Up 1.9%

Shares of NASDAQ:ESOA opened at $17.64 on Tuesday. Energy Services of America has a twelve month low of $7.83 and a twelve month high of $18.13. The company’s 50 day moving average is $14.61 and its 200 day moving average is $11.54.

Energy Services of America Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, March 31st. Energy Services of America’s dividend payout ratio is 65.57%.

Analysts Set New Price Targets

Several research firms have recently issued reports on ESOA. Wall Street Zen upgraded shares of Energy Services of America from a “hold” rating to a “strong-buy” rating in a report on Saturday, February 14th. Weiss Ratings downgraded Energy Services of America from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.00.

Check Out Our Latest Research Report on Energy Services of America

Insiders Place Their Bets

In related news, President Douglas V. Reynolds purchased 4,809 shares of the business’s stock in a transaction on Friday, March 20th. The shares were bought at an average cost of $13.26 per share, with a total value of $63,767.34. Following the transaction, the president owned 1,481,270 shares of the company’s stock, valued at approximately $19,641,640.20. This trade represents a 0.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 44.68% of the company’s stock.

Institutional Investors Weigh In On Energy Services of America

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP grew its position in Energy Services of America by 5.2% during the 3rd quarter. First Trust Advisors LP now owns 38,034 shares of the company’s stock worth $394,000 after purchasing an additional 1,874 shares during the period. Barclays PLC grew its stake in shares of Energy Services of America by 6.6% during the 4th quarter. Barclays PLC now owns 24,042 shares of the company’s stock worth $196,000 after purchasing an additional 1,499 shares during the period. Mackenzie Financial Corp grew its stake in shares of Energy Services of America by 41.2% during the 4th quarter. Mackenzie Financial Corp now owns 20,856 shares of the company’s stock worth $167,000 after purchasing an additional 6,086 shares during the period. XTX Topco Ltd acquired a new stake in shares of Energy Services of America during the 2nd quarter worth approximately $161,000. Finally, Wellington Management Group LLP grew its stake in shares of Energy Services of America by 31.8% during the 4th quarter. Wellington Management Group LLP now owns 19,162 shares of the company’s stock worth $157,000 after purchasing an additional 4,627 shares during the period. 2.13% of the stock is owned by institutional investors and hedge funds.

Energy Services of America Company Profile

(Get Free Report)

Energy Services of America, Inc (NASDAQ: ESOA) is a provider of natural gas compression equipment and services to energy producers, pipeline operators, and landowners across North America. The company designs, manufactures, and distributes compression systems tailored to meet the needs of natural gas gathering, processing and transmission applications. Its offerings include the sale, lease, and repair of both new and reconditioned compression units, as well as aftermarket parts and field services that support ongoing system performance and reliability.

In addition to core compression services, Energy Services of America delivers turnkey solutions for pipeline operators and gas processors.