13 unchanged sentences
Mountaineer Gas
+Added: Nucor Steel West Virginia
American Electric Power
5 unchanged sentences
The majority of the Company’s customers are in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky.
−Removed: However, the Company also performs work in other states including Alabama, Michigan, Illinois, Tennessee, and Indiana.
+Added: However, the Company also performs work in other states including Alabama, Michigan, Illinois, Tennessee, North Carolina, and Indiana.
Energy Services’ sales force consists of industry professionals with significant relevant sales experience, who utilize industry contacts and available public data to determine how to market the Company’s line of products most appropriately.
9 unchanged sentences
Hughes, provides electrical, mechanical, HVAC/R, and fire protection services to customers primarily in the automotive, chemical, and power industries.
−Removed: Revolt Energy, LLC (“Revolt”), a wholly owned subsidiary of NCS, performs residential solar installation projects.
Nitro Electric Company, LLC (“Nitro Electric”), a wholly owned subsidiary of NCS, performs industrial electrical work and has a satellite office registered in Michigan.
3 unchanged sentences
NCS and its subsidiaries will collectively be referred to “Nitro”.
+Added: Revolt Energy, LLC (“Revolt”), formerly a wholly owned subsidiary of NCS, that performed residential solar installations projects, was sold for a nominal consideration on March 1, 2025 in a transaction that was not material to the Company’s Consolidated Financial Statements.
+Added: On September 30, 2025, Nitro completed the asset acquisition of Rigney Digital System Ltd.
+Added: (“Rigney”), an HVAC/R controls company located in Hurricane, WV, which will operate as a division of Nitro.
Hughes, Nitro, and Contractors Rental construction personnel are union members of various related construction trade unions and are subject to collective bargaining agreements that expire at varying time intervals.
14 unchanged sentences
The employees of RCS are non-union and are managed independently of the Company’s union subsidiaries.
+Added: Tribute Contracting & Consultants, Inc.
+Added: (“Tribute” or “TCC”), a wholly owned subsidiary of Energy Services, was formed in October 2024 in connection with the acquisition of substantially all the assets of Tribute Contracting & Consultants, LLC (“Tribute LLC”).
+Added: The acquisition of Tribute LLC closed on December 2, 2024.
+Added: Tribute constructs water distribution and wastewater systems
+Added: primarily for public municipalities in West Virginia, Ohio, and Kentucky.
+Added: The employees of TCC are non-union and are managed independently of the Company’s union subsidiaries.
The Company’s website address is www.energyservicesofamerica.com .
5 unchanged sentences
Charles Crimmel, Chief Financial Officer and Corporate Secretary, Energy Services of America Corporation, 75 West 3 rd Ave., Huntington, West Virginia 25701.
+Added: Energy Services’ reportable segments are:
+Added: Underground Infrastructure Construction, Industrial Construction, and Building Construction.
+Added: Underground Infrastructure Construction primarily includes new construction and maintenance work in the following areas:
+Added: water and wastewater pipelines, natural gas distribution pipelines, natural gas transmission pipelines, natural gas stations and ancillary facilities, corrosion protection services, and horizontal drilling services.
+Added: Industrial Constructions primarily includes new construction and maintenance work in the following areas:
+Added: electrical, mechanical, HVAC/R, controls, and fire protection services in automotive, chemical, power, and manufacturing facilities.
+Added: Building Construction primarily includes new construction and rehabilitation activities in the following areas:
+Added: school projects, local and state building projects, and small bridge projects.
+Added: Most services performed by the legal entity in this segment are subcontracted both to outside contractors and internally to other legal entities within the Company.
+Added: Services subcontracted internally are eliminated from segmented reporting.
Fluctuation of Results
29 unchanged sentences
The SBA could revisit its forgiveness decision and determine that the Company does not qualify in whole or in part for loan forgiveness and demand repayment of the loans.
−Removed: In addition, it is unknown
−Removed: what type of penalties could be assessed against the Company if the SBA disagrees with the Company’s certification.
+Added: In addition, it is unknown what type of penalties could be assessed against the Company if the SBA disagrees with the Company’s certification.
Any penalties in addition to the potential repayment of the PPP Loans could negatively impact the Company’s business, financial condition and results of operations and prospects.
15 unchanged sentences
Purchases made by the Company are predominately those of a consumable nature, such as small tools, welding rod and environmental supplies.
−Removed: We anticipate being able to obtain materials for current work, as well as any raw materials not supplied by our customers, for the foreseeable future.
+Added: We anticipate being able to obtain materials for current work, as well as any raw materials not supplied
+Added: by our customers, for the foreseeable future.
However, the inability of our customers to obtain raw materials may delay projects from being bid, awarded, started, or completed.
−Removed: Although not a significant impact, the Company has experienced minor delays resulting from the availability of construction equipment and vehicles.
+Added: Tariffs on imported materials have not had a significant impact on the Company’s operations or financial performance.
Industry Factors
−Removed: Energy Services’ revenues, cash flows and earnings are substantially dependent upon, and affected by, the level of natural gas exploration development activity and the levels of work on existing pipelines as well as the level of demand for our electrical and mechanical services.
+Added: Energy Services’ revenues, cash flows and earnings are substantially dependent upon, and affected by, the level of natural gas exploration development activity and the levels of work on existing pipelines as well as the level of industrial and infrastructure demands for our electrical and mechanical services.
Such activity and the resulting level of demand for pipeline construction and related services and electrical and mechanical services are directly influenced by many factors over which the Company has no control.
7 unchanged sentences
Certain of the Company’s competitors have greater financial and human resources than Energy Services, which may enable them to compete more efficiently because of price and technology.
−Removed: The Company’s largest competitors are Otis Eastern, Miller Pipeline, Brown Electric, Summit Electric and Apex Pipeline.
+Added: The Company’s largest competitors are Integrity Kokosing Pipeline Services, Orders Construction, InfraSource, Northern Pipeline, Enerfab.
Operating Hazards and Insurance
50 unchanged sentences
The Company’s experienced safety department ensures that employees have the Company and customer required safety training before starting a project.
−Removed: Daily and weekly safety meetings at project sites help employees remain aware of potential hazards.
+Added: Daily and weekly safety meetings at project sites help employees remain aware of
+Added: potential hazards.
Periodic internal and third-party safety audits are performed to help ensure that the Company’s and customer’s safety procedures are followed.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.