ESA Company Profile

Energy Services of America Corporation (“Energy Services” or the “Company”) operates primarily in the mid-Atlantic region of the United States and provides services to customers in the natural gas, petroleum, water distribution, automotive, chemical and power industries. C.J. Hughes Construction Company, Inc. (“C.J. Hughes”), a wholly owned subsidiary of the Company, is a general contractor primarily engaged in pipeline construction for utility companies. Contractors Rental Corporation (“Contractors Rental”), a wholly owned subsidiary of C.J. Hughes, provides union building trade employees for projects managed by C.J. Hughes. Nitro Construction Services, Inc. (“Nitro”), a wholly owned subsidiary of C.J. Hughes, provides electrical, mechanical, HVAC/R and fire protection services to customers primarily in the automotive, chemical and power industries. Pinnacle Technical Solutions, Inc. (“Pinnacle”), a wholly owned subsidiary of Nitro, operates as a data storage facility within Nitro’s office building. Pinnacle is supported by Nitro and has no employees of its own. All of the C.J. Hughes, Nitro, and Contractors Rental production personnel are union members of various related construction trade unions and are subject to collective bargaining agreements that expire at varying time intervals.

On December 31, 2020, Energy Services completed the purchase of West Virginia Pipeline, Inc., a new wholly owned subsidiary of Energy Services located in Princeton, WV. West Virginia Pipeline operates as a gas and water distribution contractor primarily in southern West Virginia. Previous owners, David Bolton and Daniel Bolton, have continued their roles as President and Vice President, respectively. West Virginia Pipeline’s employees are non-union, and the company is managed independently from C.J. Hughes and Nitro Construction. Their primary customers include WV American Water and Mountaineer Gas.

Energy Services provides contracting services for utilities and energy related companies including gas, petroleum power, chemical, water & sewer and automotive industries. For the gas industry, the Company is primarily engaged in the construction, replacement and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. Energy Services is involved in the construction of both interstate and intrastate pipelines, with an emphasis on the latter. For the oil industry, the Company provides a variety of services relating to pipeline, storage facilities and plant work. For the power, chemical, and automotive industries, the Company provides a full range of electrical and mechanical installations and repairs including substation and switchyard services, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers and other ancillary work with regards thereto. Energy Services’ other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services and other services related to pipeline construction. The majority of the Company’s customers are located in West Virginia, Virginia, Ohio, Pennsylvania, Kentucky, Tennessee, and Illinois.

The Company had consolidated operating revenues of $119.2 million for the year ended September 30, 2020, of which 47.8% was attributable to gas & petroleum contract work, 43.3% to electrical and mechanical contract services, and 8.9% to water and sewer contract installations and other ancillary services. The Company had consolidated operating revenues of $174.5 million for the year ended September 30, 2019, of which 60.4% was attributable to gas & petroleum contract work, 32.6% to electrical and mechanical contract services, and 7.0% to water and sewer contract installations and other ancillary services.

ESA Service Area

Energy Services’ customers include many of the leading companies in the industries it serves, including: