I don' know the names of their clients, but they had about abut 1.1 million in water revs and the rest of the 4 mill was gas oil pipeline revs plus another 1.6 in accounts receivable ( this Q). I am thinking, with just a little growth they do 16-18 million over the next four Q's in the pipeline business. Water rev's, that is where the big surprise will be. IMO
Whats their profit margin again????
From STW Resources
"Permian basin pipeline infrastructure consists of thousands of miles of steel and poly pipeline already in service that were installed over the past few decades, along with thousands of miles per year of new service pipelines added due to greatly increased production resulting from the use of fracking. Over half of these aging pipelines have countless leaks that cause huge gas losses for midstream companies. Our goal is to provide the best service to mitigate these issues.
STW employs qualified laborers with years of experience in the oil patch, and Supervisor/Sales people with particular oil patch knowledge in the Permian and Delaware Basins of West Texas, Eastern New Mexico, and in the Eagle Ford of South Texas."
