Energy Services of America Corporation·Industrials

Energy Services of America is upgraded to 'Strong Buy' with a $25/share price target, reflecting robust growth prospects in US power infrastructure. ESOA is positioned to benefit from $1.4 trillion in utility investments, surging gas demand, and data center expansion, supporting positive pricing and margin expansion. The recent acquisition of Rigney Digital Systems enhances ESOA's recurring revenue potential and aligns with the growing demand for digital building controls.

Records 21.5% Year-over-Year Revenue Increase and $23.6 Million Increase in Sequential Backlog HUNTINGTON, W.Va., May 11, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced its results for its second quarter ended March 31, 2026.

Energy Services of America Co. (NASDAQ: ESOA - Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 633,979 shares, a drop of 13.3% from the February 26th total of 731,220 shares. Based on an average daily trading volume,
Energy Services of America Corporation provides contracting services for utilities and energy related companies in the United States. It constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works. The company also offers a range of electrical and mechanical installation, and repair services, including substation and switchyard, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary works for the gas, petroleum power, chemical, water and sewer, and automotive industries. It provides liquid pipeline and pump station construction, production facility construction, water and sewer pipeline installation, and various maintenance and repair services, as well as other services related to pipeline construction. The company serves customers primarily in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky. Energy Services of America Corporation was incorporated in 2006 and is based in Huntington, West Virginia.
Industrials
Engineering & Construction
1,396
2006-10-03
1.47