VEN1628

Provider of Environmental and Roustabout Services in the Permian Basin

Southwest US
 

The company primarily provides remediation and roustabout services to its customers in the oil and gas industry. The company is also the sole distributor of a product that services numerous industries beyond oil and gas.

Key Aspects:

  • The company is currently experiencing explosive growth
  • Services well-known oil and gas companies in the Permian Basin
  • Alternative products and services being offered helps to decouple the company from oil and gas industry dependence
  • Employees have decades of experience in the Permian Basin as well as the Eagle Ford Shale
  • Professional sales team that is experienced in oil and gas, municipalities, and agriculture industries
  • Highly adaptable to the market and customers' needs
  • The company is actively adding new services to its offerings

    Opportunities:

    • Continue to aggressively market alternate products and increase sales
    • Purchase additional equipment to expand service offerings
    • Increase sales with current customers and gain new leads
    • A cash injection will strengthen negotiating position of contracts
    • Expand product market share in the dairy and seed industry
       
       
       
      Year:

      2015

      Tax Rtns

      '000

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      YTD

      '000

      Turnover2,3972,5373,4822,443
      Gross Profit:2,1922,0732,4911,516
      Adj. EBITDA *-1145609482
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited