Enservco Corporation Overview
Pro stress-test →Enservco Corporation provides hot oiling and acidizing, and frac water heating services to the onshore oil and natural gas industry in the United States. The company's primary business is Heat Waves Hot Oil Service with annualized revenue of $9.9 million as of its last filed financial statements. However, the company is in severe distress.
Strategic Profile
Pro stress-test →Enservco has not filed an annual or quarterly report with the SEC since December 2024 following debt defaults and delisting from NYSE American. Its stock trades on the OTC Expert Market at $0.0013 per share, implying a market capitalization of $75,000. The company operates as a shell with limited operational capacity and significant solvency challenges.
Competitive Landscape
Pro stress-test →Enservco competes in specialized oilfield services including pressure testing, hauling, water hauling, and well site construction, with a fleet of specialized trucks and equipment. Primary competitors include larger integrated oilfield service providers and regional hot oil service operators in the same basins. The company's severely diminished scale and financial distress have eliminated competitive positioning.
Industry Context
Enservco Corporation operates in Onshore oilfield services and well-site heating.
Key facts
Founded: N/A · Headquarters: Longmont, Colorado, US · Employees: N/A · Revenue: $22.1M (TTM) · Market cap: $75K (as of March 2026)