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STW Energy plans for growth in 2015 despite lower oil prices


Published Jan 12, 2015
STW Resources Holding Corp.-2

STW Resources Holding Corp plans for expansion of their subsidiary STW Energy. 2014 was a banner year for STW Energy. The company added several new crews and equipment and in the fourth quarter achieved a consistent annual run rate of $6 million in revenues while achieving positive EBITDA by year end. Energy plans a continued growth strategy while continuing to closely manage all costs such that it maintains profitability throughout 2015.

STW Energy's safety record has reached milestones, unsurpassed by the competition and approved as a top vendor by major oil and gas companies. The equipment STW Energy currently uses is custom built and exceeds expectations of our clients needs, carefully tailored and designed to work on active drilling rigs for services including but not limited to solids removal, tank bottom cleaning, roustabout services and rig washing. STW Energy was the top contender in its market place for the Permian Basin region in 2014 and believes that it will maintain this status throughout 2015.

Tags: STW Resources Holding Corp.




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