November 22, 2023

Enservco sales dry slightly as oil-industry services firm leaves North Dakota

LONGMONT — Enservco Corp. (NYSE American: ENSV), which provides specialized well-site services to the domestic oil and gas industries, saw its year-over-year top line results recede a bit in the third quarter of 2023, a period when the company pulled its operations out of North Dakota. 

“The strategic decision to exit North Dakota will allow us to reallocate resources to operating areas that offer more potential for improved profitability and growth over the long term,” Rich Murphy, Enservco executive chairman, said in a prepared statement. “We are in advanced discussions to sell real estate and excess equipment related to the North…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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