Energy Services of America Corporation (OTC: ESOA) is a construction services company that builds and maintains underground pipeline infrastructure, industrial facilities, and commercial buildings across the United States. Revenue comes from fixed-price and unit-price construction contracts awarded through competitive bidding, with work spanning new construction and ongoing maintenance. The company operates through three reportable segments: Underground Infrastructure Construction, Industrial Construction, and Building Construction. Underground Infrastructure Construction covers water and wastewater pipelines, natural gas distribution and transmission pipelines, natural gas stations, corrosion protection services, and horizontal drilling. Industrial Construction, delivered primarily through subsidiaries C.J. Hughes and Nitro Construction Services, covers electrical, mechanical, HVAC/R, and fire protection work for automotive, chemical, and power industry customers. All construction personnel across C.J. Hughes, Nitro, and Contractors Rental are union members subject to collective bargaining agreements. Costs incurred on contracts in progress totaled $471.2 million as of September 30, 2025, up from $347.2 million as of September 30, 2024. The company is headquartered in Huntington, West Virginia. Charles Crimmel serves as Chief Financial Officer and Corporate Secretary.

Revenue model

Transactional project-based revenue from competitive bid fixed-price and unit-price construction contracts. Work is billed against contract milestones, generating costs and estimated earnings in excess of billings or billings in excess of costs depending on project timing. The company disclosed costs incurred on contracts in progress of $471.2 million as of September 30, 2025 (FY2025) versus $347.2 million as of September 30, 2024 (FY2024).

Products and services

Underground Infrastructure Construction: water and wastewater pipelines, natural gas distribution pipelines, natural gas transmission pipelines, natural gas stations and ancillary facilities, corrosion protection services, horizontal drilling. Industrial Construction: electrical work, mechanical services, HVAC/R, fire protection (via Nitro Construction Services and Nitro Electric). Building Construction: commercial building projects including historical rehabilitation. Nitro also acquired Rigney Digital System Ltd., an HVAC/R controls company, on September 30, 2025.

Customers and end markets

Customers span the natural gas utility, water and wastewater utility, automotive, chemical, and power generation industries. Work is awarded primarily through competitive bidding. The filing states the loss of a major customer could have a severe impact on profitability, and that major customers and revenue sources may change year to year. Surety bonds are required by a growing number of customers.

Value-chain role

General and specialty contractor providing construction execution and maintenance services. The company self-performs work with union labor across multiple construction trades. It carries surety bonds to guarantee contract performance and uses subcontractors in some cases. Contractors Rental provides equipment support to other subsidiaries.

Geographic exposure

Operations are based in the United States with headquarters in Huntington, West Virginia. Nitro Electric maintains a satellite office in Michigan. The company has performed pipeline construction in ecologically sensitive areas including wetlands and coastal environments subject to federal and state environmental regulation.

Source: SEC 10-K, filed 2025-12-15

Industry: Water, Sewer, Pipeline, Comm & Power Line Construction Peers: Dawson Geophysical Co ENGLOBAL CORP PROFIRE ENERGY INC Geospace Technologies Corp GULF ISLAND FABRICATION INC KLX Energy Services Holdings Inc NCS Multistage Holdings Inc QS Energy Inc SLB NV Smart Sand Inc