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DanWebzster

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DanWebzster

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Re: DanWebzster post# 275

Friday, 08/24/2018 11:40:30 AM

Friday, August 24, 2018 11:40:30 AM

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ENSV ( update )

ENSV reported a disappointing net loss in the most recent Q & sold off > 30%, despite 24% YoY rev growth

Frac water heating fleet is nearly fully booked for the upcoming cold season. Best year since 2014 is within reach unless winter is significantly warmer than usual.

60% of Revs come from DJ Basin in CO. November ballot may contain a measure to extend the distance from homes to drilling pads. This would be a setback.

I won't play seasonality until after Nov. elections.
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