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Wednesday, June 19, 2013

Oilfield Services / Frac Water Stock Trading Alert; HII Technologies (HIIT) Gains 11%

New York, NY / Point Roberts, WA - June 19, 2013 (Investorideas.com Newswire, www.water-stocks.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on trading for oilfield services /frac water treatment stock HII Technologies, Inc. (OTCBB: HIIT). The stock is trading at $0.30, gaining 0.03 or 11.11% on light volume.

The company recently reported that Matt Flemming, CEO, and Brent Mulliniks, President of the Company's subsidiary, AES Water Solutions, will present a review and investor update of the Company to the Energy Prospectus Group (EPG). The EPG luncheon will be held at the Hess Club located at 5430 Westheimer, Houston, Texas on June 25, 2013 starting at 11:30am. Interested attendees who would like to meet management and attend the luncheon may register for the meeting at http://www.energyprospectus.com/event.php?eventId=84.
A copy of the presentation will be available on the Company's website on June 25th. The presentation will be available to members of the Energy Prospectus Group at www.energyprospectus.com.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services to its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). Read more at www.HIITinc.com, www.AESwatersolutions.com and www.oilfield-generators.com.
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This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: HIIT has compensated Investorideas.com two thousand for news publication per month /
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Friday, June 7, 2013

Houston Based Oilfield Services/ Frac Water Stock HII Technologies (OTCQB: HIIT) Beats Odds against Industry Leaders

Point Roberts, WA - June 7, 2013 (Investorideas.com Newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on oilfield services /frac water treatment stocks and how a small Houston company, HII Technologies, (OTCQB: HIIT) is beating the odds competing against the big players dominating the sector.

According to a recent research report from Jeffries, 'Oil Services & Equipment-Over-Hauling Frac Water; U.S. Oilfield Water Recycling Review”, bigger companies in the space have the edge.
"We believe water recycling in the oil patch should grow significantly in the U.S. over the next few years, perhaps with some regulatory push. Recycling lowers well-cost vis-à-vis fresh water and enables activity in drought-prone regions. That is a boon to all of OFS except water haulers, but we think the complexity of fracking with recycled water gives the edge in pumping services to (NYSE:HAL), (NYSE:BHI) and (NYSE:SLB) over smaller peers. "
The Houston Business Journal reported on Jeffries findings on May 23 rd, in an article entitled, ' Recycled frac water: Big oilfield service companies have the edge', just days after the small Houston-based company reported its earnings.
Clearly the market is large and there is room in the frac water treatment sector for the smaller companies to thrive as companies like Schlumberger Limited (NYSE: SLB) can't or chose not to do it all.
In mid-May 2013, HII Technologies, Inc. (OTCQB: HIIT) reported financial results for the first quarter ending March 31. First quarter 2013 revenues were $2,609,773, which generated a gross profit margin of $532,292. These revenues consisted of AES Water Solutions as well as initial revenue contribution from South Texas Power and the AES Safety Services divisions, which were launched in late December 2012 and January 2013 respectively. AES Water Solutions generated revenues of $536,371 for the comparable period in 2012. Accordingly, on a pro forma basis, this represents revenue growth for AES of more than 380% for the first quarter of 2013.
Brent Mulliniks, President of AES Water Solutions stated, "We experienced good growth in the first quarter from both increased demand with existing customers and from expanded operations. AES incurred additional expenses as it established new areas of operations in the Permian Basin and the Cline Shale in West Texas as well as the Eagle Ford Shale in South Texas." Mr. Mulliniks continued, "New revenues are now being generated as a result of these expenditures."
"All three divisions, Water, Power and Safety, exceeded their revenue targets for the first quarter 2013," said Matthew Flemming, CEO of HII Technologies.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services to its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). Read more at www.HIITinc.com, www.AESwatersolutions.com and www.oilfield-generators.com.
Investors can research more water remediation stocks with Investorideas.com stock directories
Article source: Houston Bizjournal article: http://www.bizjournals.com/houston/ blog/drilling-down/ 2013/05/ water-recycling-to- benefit-big-service.html
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities.
http://www.investorideas.com/About/Disclaimer.asp
This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: HIIT has compensated Investorideas.com two thousand five hundred for news publication per month /
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com