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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:38 EDTENSVEnservco initiated with an Outperform at William Blair
William Blair believes Enservco's focus on specialty fluid services at the wellsite and opportunities to expand into new basins will drive EBITDA growth of 25% or better in the coming years. The firm started shares with an Outperform rating.
News For ENSV From The Last 14 Days
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October 15, 2014
07:08 EDTENSVEnservco named as defendant in patent suit in Texas
Enservco disclosed yesterday morning in a regulatory filing that it received service of a complaint filed in the United States District Court for the Northern District of Texas by Heat-On-The-Fly naming Enservco and its subsidiary Heat Waves Hot Oil Service as defendants. The complaint alleges that Heat Waves, in selling frac water heating services, infringed and induced others to infringe two patents owned by HOTF. The complaint seeks various remedies including injunctive relief and unspecified damages and relates to only a portion of Heat Waves’ frac water heating services, the company said. Enservco and Heat Waves "deny that they are infringing any valid, enforceable claims of the asserted patents and intend to vigorously defend themselves against the lawsuit." Heat Waves has offered on demand water heating services well before these patents were even filed, Enservco said.

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