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5.0377833753199E-05 5.0377833753199E-05 5.0377833753199E-05 0.00050377833753157 0.0075566750629723 0.0075566750629723 0.0685138539042821 0.0685138539042821
Stock impact report

Enservco to acquire Buckshot Trucking for $5M [Yahoo! Finance]

Enservco Corporation (ENSV) 
NASDAQ:AMEX Investor Relations: enservco.com
Company Research Source: Yahoo! Finance
Founded in 2017, Buckshot provides hot shot, dedicated and less-than-truckload services to the oil and gas industry. It primarily serves the Rocky Mountain region but also has operations in North Dakota and Texas. The company's website lists more than 100 customers. The transaction is expected to diversify Enservco's ( NYSE: ENSV ) business and provide revenue stability as Buckshot's operations are year-round and less impacted by inclement weather than Enservco's. Enservco primarily serves the shale industry by supporting drilling, completion, production and maintenance activities at onshore well sites. Both companies are based in Colorado. “Buckshot provides a strong complement to our current service offerings with the added benefit of not being winter weather dependent,” said Rich Murphy, chairman and CEO of Enservco. “Buckshot will also provide a substantial improvement in operational and financial visibility, which benefits our business, shareholders, and other stakeholders Show less Read more
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