The company provides oilfield services in key oil and gas producing regions of the U.S. The Company operates its own fleet of equipment and focuses on water and material hauling for drilling and fracking operations. This includes fluids hauling, winch truck services, solid material hauling, hydro-vac, containment, and others.
In 2021, about 64% of The Company’s efforts were trucking. The company has been able to weather the ups and downs of the industry by strategically shifting resources to more profitable services, in more profitable geographies.
The company maintains offices in Wyoming, Colorado, North Dakota, Ohio and Louisiana, allowing them to maintain relationships in the country’s busiest energy producing regions.
• Average adjusted EBITDA margins close to 20%
• Strong customer relationships maintained at the regional-office level
• Significant investment in assets and equipment
• Solid growth projections 2022-24
The asking price of $9 million includes real estate.