Energy Services of America Corporation Announces Results for the Three Months and...

Energy Services of America Corporation Announces Results for the Three Months
and Nine Months Ended June 30, 2009

HUNTINGTON, W.Va., July 30 /PRNewswire-FirstCall/ -- Energy Services of
America (Amex: ESA) announced today that the company had a net income of
$588,463 for the three months ended June 30, 2009 compared to net income of
$178,109 for the same period in 2008. The increase in third quarter results
reflects the company's execution of its original plan which was slowed down
significantly by the severe recession the country is experiencing. The
difficult economic environment during the past nine months resulted in the
Company incurring a loss for the nine months ended June 30, 2009 of $4,474,088
compared to a profit of $717,619 for the prior year for the same nine month
period.

Energy Services began as an operating company on August 15, 2008. A summary
of the Company's net income performance since that time is as follows:

August 15-September 30, 2008 $2,055,722
Quarter ended December 31, 2008 (2,194,509)
Quarter ended March 31, 2009 (2,868,042)
Quarter ended June 30, 2009 588,463
Cumulative performance since August 15, 2008 ($2,418,366)

As was noted in our previous report on form 10-Q for the quarter ended
December 31, 2008, our ST Pipeline subsidiary experienced significant losses
on two jobs. These losses were due to unusual circumstances and were felt to
be non recurring in nature. The net of tax losses on those two jobs amounted
to $1,932,383. Accordingly, excluding those two jobs, the Company would have
had net loss of $485,983 for the period from August 15, 2008 to June 30, 2009.
While this performance certainly is not at the levels hoped for by
management, given the severe recession, the performance is understandable and
manageable.

Marshall T. Reynolds, Chairman and Chief Executive Officer, noted that he was
pleased to show positive earnings for the quarter. "Given the economic
uncertainties that have plagued the entire market, we are pleased to see a
turnaround in the business of Energy Services. Further, we continue to see
signs of improvement with a backlog currently of almost $50 million and
numerous projects coming out for bid for both the remainder of 2009 and for
2010. We are very encouraged that current work levels and apparent work
levels for 2010 look very strong."

Edsel R. Burns, president of ESA, echoed Mr. Reynolds' comments. "The
uncertain economic conditions have severely impacted 2009. However, with the
current quarter improvement, our current backlog levels and the volumes of
projects being bid for 2010, we are very encouraged. On a combined basis, the
various subsidiaries currently have bids on projects submitted of over $200
million for primarily 2010 fiscal year work. While no assurances can be given
that we will be awarded any of these projects, the fact that there is that
level of projects already out for bid for 2010 is extremely encouraging." Key
information at June 30, 2009 was as follows:

Energy Services of America Corporation
Key Financial Information

Three Three Nine Nine
Months Months Months Months
Ended Ended Ended Ended
June 30, June 30, June 30, June 30,
2009 2008 2009 2008
Actual
Revenues $24,795,918 $- $77,419,585 -
Net Income (loss) $588,463 $178,109 $(4,474,088) $717,619
Earnings (loss) Per
Share-Basic $0.05 $0.02 $(0.37) $0.07
Earnings (loss) Per
Share-Diluted $0.05 $0.01 $(0.37) $0.05

Other information
Shares Outstanding 12,092,307
Total Assets $97,539,711
Total Liabilities $41,756,582
Total Equity $55,783,129
Stated Book Value
per Share $4.61
Backlog at June
30 , 2009 $49,621,000

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.

SOURCE Energy Services of America Corporation

Larry Blount of Energy Services of America, +1-304-399-6316