VEN5075

Hotshot, Vacuum Truck, & Pumping Company in West Texas

Southwest US
 

The company provides services to the oilfield industry which include vacuum truck, flowback, hotshot, and pumping to upstream exploration and production customers with activity in the Permian Basin.

Key Aspects:

  • Over 140 years of combined experience in the oil field industry
  • Strategic industry relationships through high-quality and consistent, timely delivery of in-demand services
  • Diversified portfolio of service offerings
  • Strategically located in the Cline Shale play within the Permian Basin
  • Well-established Fortune 500 customer base
  • In house mechanic to cut costs and expedite repairs
  • Master Service Agreements with all clients

    Opportunities:

    • Synergistic and strategic oil and gas addition
    • Further capital investment in additional equipment to expand service offerings
    • Primed for expansion to serve other key oil production areas and other large oil and gas producers
       
       
       
      Year:

      2017

      Tax Rtns

      '000

      2018

      Tax Rtns

      '000

      2019

      YTD

      '000

      Turnover2,4463,756887
      Gross Profit:1,168710493
      Adj. EBITDA *6501,020278
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited