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Energy Services of America ( (ESOA) ) has provided an update.
On September 30, 2025, Energy Services of America Corporation announced that its subsidiary, Nitro Construction Services, completed the acquisition of Rigney Digital Systems, a leader in HVAC control systems based in Hurricane, West Virginia. This strategic acquisition, valued at $4.5 million, allows Nitro to expand its expertise in building technology while maintaining Rigney’s brand identity and client relationships. The move is expected to enhance Nitro’s service offerings with smarter, more efficient building solutions, ensuring continuity for Rigney’s existing customers and supporting future growth in HVAC controls and building technology.
The most recent analyst rating on (ESOA) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Energy Services of America stock, see the ESOA Stock Forecast page.
Spark’s Take on ESOA Stock
According to Spark, TipRanks’ AI Analyst, ESOA is a Neutral.
Energy Services of America demonstrates strong financial performance with effective cash flow management and moderate leverage. However, the high P/E ratio suggests potential overvaluation, and technical indicators show a neutral trend. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on ESOA stock, click here.
More about Energy Services of America
Energy Services of America Corporation, headquartered in Huntington, West Virginia, is a contractor and service company primarily operating in the mid-Atlantic and Central regions of the United States. It provides services to industries such as natural gas, petroleum, water distribution, automotive, chemical, and power, employing over 1,000 individuals regularly. The company emphasizes safety, quality, and production as its core values.
Average Trading Volume: 178,886
Technical Sentiment Signal: Buy
Current Market Cap: $177M
For an in-depth examination of ESOA stock, go to TipRanks’ Overview page.