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Enservco Corporation Reports Results for First Quarter 2024

Latest, Press Releases / By

  ~ Posted Increase in Year-Over-Year Revenues, Segment Profit and Net Income ~ ~ Grew Adjusted EBITDA by 125% from Q1 2023 ~ LONGMONT, Colo., May 15, 2024 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV) (“Enservco”, or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional …

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Natural Gas Services Group, Inc. Reports First Quarter 2024 Financial and Operating Results

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Midland, Texas, May 15, 2024 (GLOBE NEWSWIRE) Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights Rental revenue of $33.7 million, an increase of 48% when compared …

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SHARC Energy Announces Q1 2024 Financial Results

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VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) announces it has filed financial results for the three months ended March 31, 2024. All figures are in Canadian Dollars and in accordance with IFRS unless otherwise stated. First Quarter Financial Highlights: As …

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Oil-Sands Capital of Canada Now Grappling With Second Wildfire

CDN and International News, Energy Topics & Technology, Latest, Oilsands / By

New out-of-control blaze springs up north of Fort McMurray Earlier fire grew in size overnight and came closer to city The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray, Alberta, is about 3 hectares …

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Lacking Shale Investment a Huge Obstacle, Major Investor Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Shale, US News / By

Capital for closely held drillers shrinking, Wil VanLoh warns Oilfield services providers have signaled smaller market Energy transition technologies receiving double the investment compared to oil and gas is becoming a major problem for the shale sector and for global supply-demand balances, said Quantum Capital Group Chief Executive Officer Wil VanLoh who manages $25 billion. Public shale …

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Big Bets on Gas Demand Show Fuel Is Far From Fading

CDN and International News, Conventional Energy, Latest, LNG, Natural Gas / By

Bloomberg Qatar’s energy minister yesterday shared a stage with the bosses of Exxon Mobil Corp. and TotalEnergies SE — the second time in three weeks he’d joined Big Oil to discuss the green transition. But the main takeaway from the forum in Doha? Gas is here to stay. The outlook of the two supermajors and …

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Tesla Board Rallies Retail Investors to Vote for Musk’s US$56 Billion Pay Package

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

The automaker’s financial performance has been flagging amid a global slowdown in EV sales Bloomberg News Elon Musk has threatened to develop products outside of Tesla if he doesn’t attain at least a 25 per cent equity stake in the carmaker. PHOTO BY JAE C. HONG/ASSOCIATED PRESS Tesla Inc. is looking to woo its unusually large base …

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U.S. Energy Sector Consolidation Extends into 2024

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

The consolidation wave in the U.S. energy sector that triggered $250 billion worth of deals in 2023 has stretched into this year, as companies look for opportunities to deploy their cash hoard and boost their reserves. The majority of energy executives polled in December by the Federal Reserve Bank of Dallas expected more oil deals …

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