American Energy Partners, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 08:55 am EST
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American Energy Partners, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 8.52 million compared to USD 0.703804 million a year ago. Net income was USD 0.889849 million compared to net loss of USD 1.67 million a year ago.
For the nine months, revenue was USD 15.57 million compared to USD 0.882964 million a year ago. Net loss was USD 0.689511 million compared to USD 1.68 million a year ago.
American Environmental Partners, Inc., formerly American Energy Partners, Inc., is a conglomerate holding company. The Company is engaged in the acquisition and growth of environmental services. Its subsidiaries include Unlimited Energy Services, LLC, Austin Master Services, Apex Energy Services, and Hydration Company of Pennsylvania, LLC. Unlimited Energy Services, LLC is an energy service company that focuses on reducing the environmental footprint of energy assets through the operations and the decommissioning and reclamation of oil and gas wells. Austin Master Services is a comprehensive environmental services company specializing in radioactive and mixed waste management solutions. Apex Energy Services provides well-site environmental services to upstream energy companies in Western Pennsylvania, Eastern Ohio, and Northern West Virginia. Hydration Company of Pennsylvania, LLC is engaged in the businesses of water exploration and water augmentation.