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Exhibit 99.1 Energy Services of America Announces Financial Results for the Quarter Ended December 31 , 2020 Huntington , WV February 16 , 2021- Energy Services of America Corporation ( the “ Company ” or “ Energy Services " ) ( OTC QB : ESOA ) announced fiscal first quarter financial results for the quarter ended December 31 , 2020. Energy Services earned revenues of $ 32.0 million with a net loss available to common shareholders of ( $ 725,000 ) for the first quarter and generated adjusted EBITDA of $ 331,000 during the period . On December 31 , 2020 , Energy Services completed the acquisition of West Virginia Pipeline , Inc. The acquisition is reflected in the Company's first quarter financial statements , but it did not have a significant impact on the Company's operating results for the period . The Company's $ 60.7 million backlog at December 31 , 2020 includes $ 5.5 million as a result of the acquisition . Douglas Reynolds , President , commented on the announcement . “ We are excited to welcome West Virginia Pipeline to Energy Services and view the acquisition an important step in our strategy of increasing our exposure in the water and natural gas distribution markets . ” Reynolds continued , “ At the same time , we are investing in the people and equipment needed to expand our existing business and we hope that the benefits of all these investments are clearer during the second half of fiscal year 2021. " Below is a comparison of the Company's unaudited operating results for the three months ended December 31 , 2020 and 2019 : Revenue Cost of revenues Gross profit Selling and administrative expenses Loss income from operations Other income ( expense ) Interest income Three Months Ended December 31 , Three Months Ended December 31 , 2020 ( Unaudited ) 2019 $ 32,009,796 $ 25,843,307 29,166,737 23,486,565 2,843,059 2,356,742 3,595,830 2,595,772 ( 752,771 ) ( 239,030 ) 151,765 53,249 Other nonoperating expense Interest expense Gain on sale of equipment ( 52,623 ) ( 33,938 ) ( 76,517 ) ( 186,845 ) 13,042 295,991 35,667 128,457 Loss income before income taxes ( 717,104 ) ( 110,573 ) Income tax benefit ( 69,442 ) ( 36,459 ) Net loss ( 647,662 ) ( 74,114 ) Dividends on preferred stock Net loss available to common shareholders Weighted average shares outstanding - basic Weighted average shares - diluted Loss earnings per share available to common shareholders Loss earnings per share - diluted available to common shareholders 77,250 77,250 ( 724,912 ) $ ( 151,364 ) 13,621,406 13,911,610 13,621,406 13,911,610 EA $ ( 0.053 ) $ ( 0.011 ) EA $ ( 0.053 ) $ ( 0.011 )