American Energy Partners, Inc. Provides Earnings Guidance for the Third Quarter and Fiscal Year 2019
September 10, 2019 at 09:00 am EDT
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American Energy Partners, Inc. provided earnings guidance for the third quarter and fiscal year 2019. The company forecasts fiscal year revenue of no less than $200,000 compared to fiscal year 2018 revenue of $96,261. This anticipated increase marks over 100% year over year growth in annual revenue.
The company is anticipating third quarter revenue to grow to $85,000.
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.