AEPT Sees Record Revenue Growth. Issues Strong 2020 Guidance
Alert Price $$0.0023
About American Energy Partners Inc.:
American Energy Partners and its group of companies focus on providing solutions in markets where energy production and water meet technology. Collectively, the subsidiaries are engaged in the energy sector as well as the design, construction and operation of regional water treatment facilities that serve the industrial, energy and government sectors.
For additional information, visit: American Energy Partners, Inc.
American Energy Partners, Inc. Announces Record 2019 Year End Guidance Top Line Revenue Growth Over 230%
Key highlights:
Top line revenue grew by well over 230%
Organic growth revitalized and above September guidance at +60%.
Total assets grew by 68%.
American Energy management cut its net operating loss by over 50%.
American Energy’s ending cash balance increased by over 130%.
No Economic Slump For American Energy Partners
Exogenous factors contributing to economic slowdown in the oil and gas industry, as well as many other factors have not and for the foreseeable future should not affect American Energy.
We have successfully insulated American Energy by focusing on the energy services sector, while still maintaining ownership of a small oil and gas well portfolio despite price volatility.
American Energy has a strong “Buy and Build” strategy for growth. Our strategic agenda has since completed the acquisition of both Hickman Geological Consulting, LLC and Oilfield Basics, LLC. Both acquisitions were immediately cash accumulative and in line with our disciplined acquisition process.
We maintain a robust pipeline of potential targets. This pipeline is carefully selected to fit within our strategic pillars.
Sustainable Margins
Recurring Revenues
Quality Customers
Strong Management
AEPT'S Path To Profitability
About American Energy Partners has identified a pathway to profitability which can be summed up in four elements:
Deleveraging & Re leveraging Balance Sheet
Streamlining Corporate Overhead
Enacting Operational Efficiencies & Controls
Up listing to OTCQB and Annual Audits
AMERICAN ENERGY PARTNERS’ HGC TO INCREASE LABOR FORCE BY 100% AS GEO-TECHNICAL SERVICES GROW
During the ongoing COVID-19 pandemic and associated economic uncertainty Hickman Geological Consulting has continued to see growth and opportunity, as well as record sales estimated for Q1.
American Energy Partners wholly owned subsidiary, Hickman Geological Consulting, LLC (“HGC”) has planned for
continued growth of their geo-technical services in 2020. HGC has doubled its workforce to meet
demand and expansion in the sector. In 2019, HGC saw an expansion of their geo-technical
services and this increase has continued into 2020 to the point that the Company must expand to
continue to provide the same quality service to our clients.
The Commonwealth of Pennsylvania is among the states with the fastest-rising unemployment;
the U.S. Department of Labor quoted that for the week ending on March 14, the Commonwealth
had the fourth-highest increase in initial unemployment claims. The last time Pennsylvania saw a
severe uptick in unemployment was during the Great Recession. The State Department of Labor
and Industry reported then that at the start of the economic downturn, the unemployed rate was
4.6% and it eventually peaked at 8.7% in 2010. The State Department of Labor and Industry
stated; that spike is far beyond anything the Commonwealth’s unemployment compensation
system has seen before.
During the ongoing COVID-19 pandemic and associated economic uncertainty Hickman
Geological Consulting has continued to see growth and opportunity, as well as record sales
estimated for Q1
Josh Hickman, President of Hickman Geological Consulting stated, “It brings me great joy and
pride to see HGC in a position to offer additional jobs to the great Commonwealth of
Pennsylvania. We also look forward to offering more robust service package to our clients.”
The roles of these employees will be split between serving our existing clients with construction
oversight, the development of new geo-technical client relationships in the Pennsylvania, West
Virginia and Ohio markets, and the expansion of our geo-technical offerings.
With the addition to our workforce we can expect to see in Q2 of 2020, Hickman Geological
Consulting expanding our geo-technical offerings to provide turnkey solutions for custom home
builders in our service market. This turnkey offering package will include the design of erosion
& sediment control plans, design of water runoff systems, and the siting, design and drilling of
water wells.
American Energy partners Subsidiaries
Superfund
Coal Ash
Acid Mine Drainage & MIW
Drill Cuttings (HDD & VDD)
Flow-back & Produced Waters
Other Industrial Processes
Oilfield Basics
Oilfield Basics is a wholly-owned subsidiary of American Energy Partners, Inc. (OTC: AEPT) that was established in April 2018 by two petroleum engineering students – Derek Krieg and Sebastian Ziaja. Our mission is to create a host of resources that make learning about the oilfield simple. To achieve this goal, we partner with companies and individuals across our vast industry and enable them to share their piece of the industry with others. We provide a platform of podcast interviews, educational webinars, videos, online courses, and more! We know that we will never learn all there is to know in the oilfield, but we are going to get as close as we can. The best part is that we get to learn right along with our audience!
Hickman Geological Consulting, LLC (“HGC”)
Hickman Geological Consulting, LLC (“HGC”) is a full-service valuation and geo-technical services company that focuses on the decision space between earth materials and financial matters. Since 2013, HGC has been the Pittsburgh area’s leading valuation house for oil and gas minerals connected with estate planning, expert witness, lease negotiations, and mineral sales. Since 2016, HGC has provided these services nationwide. In 2018 HGC diversified into geo-technical services related to landslide identification, mitigation, and design as well as geo-technical residential building services, such as ground stability and infiltration testing.
Hydration Company of PA
A water, water exploration, augmentation, & treatment of impacted waters Company.
HCPA provides a solution to locate, procure, treat and distribute water. This patent-pending process provides cleaner water which results in an improved, safer environment. It can also mitigate drought conditions by accessing water previously unavailable.
Applications include, but are not limited to:
Oil and Gas
Pipelines
Industrial's
Utilities
Mining
Municipalities
Landowners
Gilbert Oil & Gas Company
U.S. based Exploration and Production company focused on generating long-term shareholder value through drilling, operating, and partnership opportunities in the Upstream oil and gas space.
TECHNICAL ANALYSIS
American Energy Partners Chart Is Screaming Breakout
Over +50% In Upside Potential From Here
Bullish Indicators
Bollinger Bands Extremely Tight, Major Move Imminent
Bullish MACD Crossing
Histogram Ticking Higher And Above Zero-Line
On Balance Volume In Strong Uptrend
The Bottom Line
American Energy Partners Is one of the most attractive names in the energy sector right now. The Company has completely insulated itself from the current economic downturn, and has tremendous breakout at this moment.
Bullish Catalysts:
Top Line Revenue Grew By Well Over 230%
Strong Balance Sheet
Insulated From Current Economic Slowdown
Rapidly Growing + Increasing Their Labor Force
Potential Uplisting to OTCQB
Bullish Technicals
We are anticipating a big move from AEPT in the upcoming days, and urging everyone to add it to their watchlists immediately.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
About American Energy Partners Inc.:
American Energy Partners and its group of companies focus on providing solutions in markets where energy production and water meet technology. Collectively, the subsidiaries are engaged in the energy sector as well as the design, construction and operation of regional water treatment facilities that serve the industrial, energy and government sectors.
For additional information, visit: American Energy Partners, Inc.
American Energy Partners, Inc. Announces Record 2019 Year End Guidance Top Line Revenue Growth Over 230%
Key highlights:
Top line revenue grew by well over 230%
Organic growth revitalized and above September guidance at +60%.
Total assets grew by 68%.
American Energy management cut its net operating loss by over 50%.
American Energy’s ending cash balance increased by over 130%.
No Economic Slump For American Energy Partners
Exogenous factors contributing to economic slowdown in the oil and gas industry, as well as many other factors have not and for the foreseeable future should not affect American Energy.
We have successfully insulated American Energy by focusing on the energy services sector, while still maintaining ownership of a small oil and gas well portfolio despite price volatility.
American Energy has a strong “Buy and Build” strategy for growth. Our strategic agenda has since completed the acquisition of both Hickman Geological Consulting, LLC and Oilfield Basics, LLC. Both acquisitions were immediately cash accumulative and in line with our disciplined acquisition process.
We maintain a robust pipeline of potential targets. This pipeline is carefully selected to fit within our strategic pillars.
Sustainable Margins
Recurring Revenues
Quality Customers
Strong Management
AEPT'S Path To Profitability
About American Energy Partners has identified a pathway to profitability which can be summed up in four elements:
Deleveraging & Re leveraging Balance Sheet
Streamlining Corporate Overhead
Enacting Operational Efficiencies & Controls
Up listing to OTCQB and Annual Audits
AMERICAN ENERGY PARTNERS’ HGC TO INCREASE LABOR FORCE BY 100% AS GEO-TECHNICAL SERVICES GROW
During the ongoing COVID-19 pandemic and associated economic uncertainty Hickman Geological Consulting has continued to see growth and opportunity, as well as record sales estimated for Q1.
American Energy Partners wholly owned subsidiary, Hickman Geological Consulting, LLC (“HGC”) has planned for
continued growth of their geo-technical services in 2020. HGC has doubled its workforce to meet
demand and expansion in the sector. In 2019, HGC saw an expansion of their geo-technical
services and this increase has continued into 2020 to the point that the Company must expand to
continue to provide the same quality service to our clients.
The Commonwealth of Pennsylvania is among the states with the fastest-rising unemployment;
the U.S. Department of Labor quoted that for the week ending on March 14, the Commonwealth
had the fourth-highest increase in initial unemployment claims. The last time Pennsylvania saw a
severe uptick in unemployment was during the Great Recession. The State Department of Labor
and Industry reported then that at the start of the economic downturn, the unemployed rate was
4.6% and it eventually peaked at 8.7% in 2010. The State Department of Labor and Industry
stated; that spike is far beyond anything the Commonwealth’s unemployment compensation
system has seen before.
During the ongoing COVID-19 pandemic and associated economic uncertainty Hickman
Geological Consulting has continued to see growth and opportunity, as well as record sales
estimated for Q1
Josh Hickman, President of Hickman Geological Consulting stated, “It brings me great joy and
pride to see HGC in a position to offer additional jobs to the great Commonwealth of
Pennsylvania. We also look forward to offering more robust service package to our clients.”
The roles of these employees will be split between serving our existing clients with construction
oversight, the development of new geo-technical client relationships in the Pennsylvania, West
Virginia and Ohio markets, and the expansion of our geo-technical offerings.
With the addition to our workforce we can expect to see in Q2 of 2020, Hickman Geological
Consulting expanding our geo-technical offerings to provide turnkey solutions for custom home
builders in our service market. This turnkey offering package will include the design of erosion
& sediment control plans, design of water runoff systems, and the siting, design and drilling of
water wells.
American Energy partners Subsidiaries
Superfund
Coal Ash
Acid Mine Drainage & MIW
Drill Cuttings (HDD & VDD)
Flow-back & Produced Waters
Other Industrial Processes
Oilfield Basics
Oilfield Basics is a wholly-owned subsidiary of American Energy Partners, Inc. (OTC: AEPT) that was established in April 2018 by two petroleum engineering students – Derek Krieg and Sebastian Ziaja. Our mission is to create a host of resources that make learning about the oilfield simple. To achieve this goal, we partner with companies and individuals across our vast industry and enable them to share their piece of the industry with others. We provide a platform of podcast interviews, educational webinars, videos, online courses, and more! We know that we will never learn all there is to know in the oilfield, but we are going to get as close as we can. The best part is that we get to learn right along with our audience!
Hickman Geological Consulting, LLC (“HGC”)
Hickman Geological Consulting, LLC (“HGC”) is a full-service valuation and geo-technical services company that focuses on the decision space between earth materials and financial matters. Since 2013, HGC has been the Pittsburgh area’s leading valuation house for oil and gas minerals connected with estate planning, expert witness, lease negotiations, and mineral sales. Since 2016, HGC has provided these services nationwide. In 2018 HGC diversified into geo-technical services related to landslide identification, mitigation, and design as well as geo-technical residential building services, such as ground stability and infiltration testing.
Hydration Company of PA
A water, water exploration, augmentation, & treatment of impacted waters Company.
HCPA provides a solution to locate, procure, treat and distribute water. This patent-pending process provides cleaner water which results in an improved, safer environment. It can also mitigate drought conditions by accessing water previously unavailable.
Applications include, but are not limited to:
Oil and Gas
Pipelines
Industrial's
Utilities
Mining
Municipalities
Landowners
Gilbert Oil & Gas Company
U.S. based Exploration and Production company focused on generating long-term shareholder value through drilling, operating, and partnership opportunities in the Upstream oil and gas space.
TECHNICAL ANALYSIS
American Energy Partners Chart Is Screaming Breakout
Over +50% In Upside Potential From Here
Bullish Indicators
Bollinger Bands Extremely Tight, Major Move Imminent
Bullish MACD Crossing
Histogram Ticking Higher And Above Zero-Line
On Balance Volume In Strong Uptrend
The Bottom Line
American Energy Partners Is one of the most attractive names in the energy sector right now. The Company has completely insulated itself from the current economic downturn, and has tremendous breakout at this moment.
Bullish Catalysts:
Top Line Revenue Grew By Well Over 230%
Strong Balance Sheet
Insulated From Current Economic Slowdown
Rapidly Growing + Increasing Their Labor Force
Potential Uplisting to OTCQB
Bullish Technicals
We are anticipating a big move from AEPT in the upcoming days, and urging everyone to add it to their watchlists immediately.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)