NYSE : Enservco noncompliant due to shareholder-equity level

LONGMONT — The New York Stock Exchange has informed Enservco Corp. (NYSE American: ENSV), a Longmont-based provider of specialized well-site services to the oil and gas industry, that it is noncompliant with NYSE’s requirements for stockholders’ equity.

Stockholders held only “approximately $1.2 million at Dec. 31, 2022 (,which is) below the required minimum level,” the company said in a disclosure this week. “This NYSE notice has no immediate effect on the listing or trading of the company’s common stock. Enservco has approximately 13 months to cure the deficiency and regain compliance with continued listing standards and is in contact with the…