enseco energy services corp (ENS) Snapshot

Enseco Energy Services Corp. announced unaudited consolidated earnings results for the three months ended March 31, 2013. For the period, the company reported revenue of $17,201,000 against $24,500,000 a year ago. EBITDAS was $1,613,000 against $4,539,000 a year ago. Net loss before tax was $259,000 against income before tax of $2,373,000 against a year ago. Diluted net loss before tax per common share was $0.01 against income before tax per common share of $0.11 a year ago. Net loss was $401,000 against net income of $2,282,000 a year ago. Diluted net loss per common share was $0.02 against EPS of $0.10 a year ago. Cash flow from operating activities was $3,801,000 against $3,221,000 a year ago. Company's sales revenue is expected to increase in the upcoming months. The company continues to develop strategies for the growth of all of its four divisions, balancing directional drilling and production testing revenues as well as USA and Canadian revenues to provide maximum utilization of its resources.

Enseco Energy Services Corp. reported audited consolidated financial statements for the third quarter and nine months ending December 31, 2012. For the quarter, the company reported revenue of $16.1 million, EBITDAS of $1.9 million, net loss before tax of $0.672 million or $0.04 per diluted share against revenue of $21.5 million, EBITDAS of $4.4 million, net income before tax of $1.6 million or $0.08 per diluted share for the same period a year ago. Cash flow from operating activities was $0.322 million against $1.0 million for the same period a year ago. For the nine months, the company reported revenue of $49.2 million, EBITDAS of $4.4 million, net loss before tax of $3.1 million or $0.17 per diluted share against revenue of $54.4 million, EBITDAS of $9.1 million, net income before tax of $1.7 million $0.09 per diluted share for the same period a year ago. Cash flow from operating activities was $6.5 million against $7.8 million for the same period a year ago. Net loss was $4.2 million or $0.19 per diluted share.

Enseco Energy Services Corp., Annual General Meeting, Jun 06, 2013., at 09:00 US Mountain Standard Time. Location: offices of Burnet, Duckworth & Palmer LLP. Agenda: To receive and consider the financial statements of the company for the year ended March 31, 2012 and the year ended December 31, 2012, together with the report of the auditors thereon; to fix the number of directors to be elected at the meeting at four members; to elect four directors; to appoint the auditors and authorize the directors to fix their remuneration as such; to consider and, if thought appropriate, to pass an ordinary resolution re-approving the company's stock option plan, as more particularly described in the information circular; and to transact such other business as may properly be brought before the meeting or any adjournment thereof.