Bruce Elliott - Energy Services Director

ESOA Stock  USD 7.21  0.42  5.50%   

Director

Mr. Bruce H. Elliott is Independent Director of Energy Services of America Corporationrationration. Mr. Elliott graduated Magna Cum Laude from Bridgewater College with a degree in Accounting. He is a certified public accountant and Principal of Damelio, Cohen Associates, LLC, an accounting firm located in Baltimore, Maryland since 2014.
Age 59
Tenure 10 years
Professional MarksCPA
Address 75 West 3rd Avenue, Huntington, WV, United States, 25701
Phone304 522 3868
Webhttps://www.energyservicesofamerica.com
Elliott is licensed in Maryland, Virginia, and West Virginia, and is a member of each state’s CPA society. He is also active in various community service projects.

Energy Services Management Efficiency

The company has return on total asset (ROA) of 0.0819 % which means that it generated a profit of $0.0819 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2907 %, meaning that it created $0.2907 on every $100 dollars invested by stockholders. Energy Services' management efficiency ratios could be used to measure how well Energy Services manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05. The current year's Return On Capital Employed is expected to grow to 0.20. At present, Energy Services' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.05, whereas Total Assets are forecasted to decline to about 84.9 M.
The company currently holds 48.18 M in liabilities with Debt to Equity (D/E) ratio of 0.61, which is about average as compared to similar companies. Energy Services has a current ratio of 1.45, which is within standard range for the sector. Debt can assist Energy Services until it has trouble settling it off, either with new capital or with free cash flow. So, Energy Services' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Energy to invest in growth at high rates of return. When we think about Energy Services' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Kevin McEvoyEMCOR Group
67
Noreen SkellyConstruction Partners
52
William OuchiAecom Technology
71
Thomas LeppertFluor
66
Gary JohnsonMYR Group
71
Henry FayneMYR Group
71
Mark MattesonConstruction Partners
53
Darcy AndersonComfort Systems USA
63
William RutledgeAecom Technology
72
Peter ArkleyTutor Perini
65
William PattersonMYR Group
63
Janet WolfenbargerAecom Technology
62
Samuel LocklearFluor
63
Alan KrussiGranite Construction Incorporat
63
Ronald BotoffGranite Construction Incorporat
N/A
David KelseyGranite Construction Incorporat
69
John SchauermanPrimoris Services
61
Carol LoweEMCOR Group
55
John SchauermanMYR Group
60
Lynn SwannFluor
66
Gaddi VasquezGranite Construction Incorporat
65
Energy Services of America Corporation provides contracting services for utilities and energy related companies in the United States. Energy Services of America Corporation was incorporated in 2006 and is based in Huntington, West Virginia. Energy Services operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 703 people. Energy Services (ESOA) is traded on NASDAQ Exchange in USA. It is located in 75 West 3rd Avenue, Huntington, WV, United States, 25701 and employs 1,282 people. Energy Services is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Energy Services Leadership Team

Elected by the shareholders, the Energy Services' board of directors comprises two types of representatives: Energy Services inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Energy. The board's role is to monitor Energy Services' management team and ensure that shareholders' interests are well served. Energy Services' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Energy Services' outside directors are responsible for providing unbiased perspectives on the board's policies.
Nester Logan, Independent Director
Charles Crimmel, CFO, Treasurer and Secretary
Samuel Kapourales, Independent Director
Marshall Reynolds, Chairman of the Board
Bruce Elliott, Director
Keith Molihan, Independent Director
Jack Reynolds, Director
Charles Abraham, Director
Douglas Reynolds, CEO and President and Director
Joseph Williams, Independent Director
Neal Scaggs, Independent Director
Frank Lucente, Director

Energy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Energy Services a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Energy Services

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Services position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Services will appreciate offsetting losses from the drop in the long position's value.

Moving together with Energy Stock

  0.7J Jacobs Solutions Financial Report 14th of May 2024 PairCorr

Moving against Energy Stock

  0.47EXPO Exponent Earnings Call This WeekPairCorr
  0.43VATE Innovate CorpPairCorr
The ability to find closely correlated positions to Energy Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Services when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Services - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Services to buy it.
The correlation of Energy Services is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Services can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Energy Stock analysis

When running Energy Services' price analysis, check to measure Energy Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Services is operating at the current time. Most of Energy Services' value examination focuses on studying past and present price action to predict the probability of Energy Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Services' price. Additionally, you may evaluate how the addition of Energy Services to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Is Energy Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Services. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.454
Dividend Share
0.06
Earnings Share
0.55
Revenue Per Share
20.108
Quarterly Revenue Growth
0.502
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.