8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 12, 2015

Energy Services of America Corporation

(Exact Name of Registrant as Specified in its Charter)

Delaware (State or Other Jurisdiction of Incorporation) 001-32998 (Commission File Number) 20-4606266 (I.R.S. Employer Identification No.)

75 West 3rd Ave., Huntington, West Virginia	25701
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (304) 522-3868

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations

On August 12, 2015, Energy Services of America, Inc. (the “Company”) issued a press release disclosing its results of operations and financial condition at and for the three months and nine months ended June 30, 2015.

A copy of the press release dated August 12, 2015 is included as Exhibit 99.1 to this report and is being furnished to the SEC and shall not be deemed filed for any purpose. 

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

Exhibit 99.1 Press Release dated August 12, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	ENERGY SERVICES OF AMERICA CORPORATION
DATE:  August 13, 2015	By:	/s/ Charles Crimmel
		Charles Crimmel
		Chief Financial Officer

EX-99.1

Exhibit 99.1

ENERGY SERVICES OF AMERICA FILES QUARTERLY REPORT

Huntington, WV   August 12, 2015-  Energy Services of America (the “Company”) (OTC: ESOA), parent company of C.J. Hughes Construction Company and Nitro Electric Company, announced today the filing of the Company’s quarterly report on Form 10-Q for the quarter ended June 30, 2015. Energy Services earned revenues of $35.1 million and $79.1 million, respectively, for the three and nine months ended June 30, 2015. Gross margins were $2.9 million and $6.3 million, respectively, for the three and nine months ended June 30, 2015. Net income available to common shareholders was $707,000 and $222,000, respectively, for the three and nine months June 30, 2015. The Company had EBITDA of $2.3 million ($0.16 per share) and $3.8 million ($0.27 per share), respectively, for the three and nine months ended June 30, 2015. The backlog at June 30, 2015 was $48.8 million.

Below is a comparison of the Company’s operating results:

	Three Months Ended		Three Months Ended			Nine Months Ended		Nine Months Ended
	June 30, 2015		June 30, 2014			June 30, 2015		June 30, 2014
	Unaudited		Unaudited			Unaudited		Unaudited
Revenue	$	35,120,857	$	21,486,057		$	79,137,465	$	60,580,891
Gross profit		2,928,165		1,723,345			6,278,170		5,364,116
Income from operations		1,413,619		191,663			1,217,026		444,048
Income (loss) from continuing operations before income taxes		1,282,990		(2,443	)		845,470		(177,579	)
Income tax expense (benefit)		503,352		(546,330	)		405,260		(1,174,847	)
Income from continuing operations		779,638		543,887			440,210		997,268
Dividends on preferred stock		77,250		77,250			231,750		309,000
Income from continuing operations available to common shareholders		702,388		466,637			208,460		688,268
Income (loss) from discontinued operations net of tax expense		4,176		(27,849	)		13,170		(26,728	)
Net income available to common shareholders	$	706,564	$	438,788		$	221,630	$	661,540

Revenues for the three and nine months ended June 30, 2015 increased $13.6 million and $18.6 million, respectively, compared to the same time periods in 2014 primarily due to increased work for natural gas and petroleum customers. Gross profit percentages increased for the three months ended June 30, 2015 to 8.3% compared to 8.0% for the same time period in 2014. However, gross margin percentages decreased for the nine months ended June 30, 2015 to 7.9% compared to 8.9% for the same time period in 2014. The Company attributes this to working natural gas transmission projects in inclement weather conditions during the second quarter of fiscal year 2015 and higher than expected profits on several transmission pipeline projects that completed in fiscal year 2014.

Douglas Reynolds, President, commented on the announcement. “The first nine months of fiscal year 2015 have been better than we anticipated when compared to our business plan. We attribute that to booking several natural gas transmission projects earlier in the fiscal year than what we expected. We have increased income from continuing operations before tax by $1.0 million when comparing the nine months ended June 30, 2015 to June 30, 2014.” Reynolds continued, “We lost out on some projects in the third quarter of fiscal year 2015 due to the competitive bidding process. Even with that, we feel that we have enough projects under contract to make fiscal year 2015 successful. We are still seeing considerable interest for our services, but most of the opportunities wouldn’t be an impact until fiscal year 2016. We currently have a projected backlog of $48.8 million and, additionally, we expect to sign a $10.0 million contract in the next couple months for work that will begin in fiscal year 2016.”

Please refer to the table below that reconciles EBITDA and EBITDA per share:

	Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended
	June 30, 2015		June 30, 2014		June 30, 2015		June 30, 2014
Revenue	$	35,120,857	$	21,486,057	$	79,137,465	$	60,580,891
Cost of revenues		32,192,692		19,762,712		72,859,295		55,216,775
Gross margin		2,928,165		1,723,345		6,278,170		5,364,116
Selling and administrative expenses		1,514,546		1,531,682		5,061,144		4,920,068
Income from operations		1,413,619		191,663		1,217,026		444,048
Depreciation expense		842,130		843,366		2,582,252		2,538,052
EBITDA	$	2,255,749	$	1,035,029	$	3,799,278	$	2,982,100
Common shares outstanding		14,239,836		14,239,836		14,239,836		14,239,836
EBITDA per common share	$	0.16	$	0.07	$	0.27	$	0.21

Certain statements contained in the release, including without limitation statements including the words "believes," "anticipates," "intends," "expects" or words of similar import, constitute "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company expressed or implied by such forward-looking statements. Such factors include, among others, general economic and business conditions, changes in business strategy or development plans and other factors referenced in this release. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

Contact:

Douglas Reynolds, President

304-522-3868