EVO Transportation & Energy Services, Inc. (EVOA)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
EVO Transportation & Energy Services, Inc. (EVOA) trades at $0.00 with AI Score 45/100 (Grade C). EVO Transportation & Energy Services, Inc. Market cap: $43,520, Sector: Industrials.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for EVOA: EVOA does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EVOA against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
EVOA: the 1 perspectives are evenly split.
How is this calculated? →EVO Transportation & Energy Services, Inc. (EVOA) Industrial Operations Profile
EVO Transportation & Energy Services, Inc. operates a dual-segment business model, providing comprehensive mail and general freight transportation services alongside a network of compressed natural gas (CNG) fueling stations across the U.S. The company caters to governmental and corporate clients, leveraging its diverse fleet and energy infrastructure.
What Is the Investment Thesis for EVOA?
EVO Transportation & Energy Services, Inc. presents a unique operational profile, combining essential mail and general freight transportation with a strategic investment in compressed natural gas (CNG) fueling infrastructure. The company's dual-segment approach offers potential diversification, with its trucking division serving stable governmental contracts for mail delivery, complemented by general freight services. The Energy Services segment, operating CNG stations, positions EVO within the growing alternative fuels market, potentially benefiting from increasing demand for cleaner transportation solutions. Financially, the company reported a gross margin of 12.1%, indicating operational efficiency in its core services, despite a negative profit margin of -5.9%. The beta of -0.91 suggests a low correlation with broader market movements, which could appeal to certain investors seeking diversification. As an OTC-listed entity with a market capitalization of 44K, EVOA exhibits characteristics of a micro-cap stock, implying higher volatility and liquidity considerations. Future growth catalysts could include securing additional long-term government contracts, expanding its CNG station network, and improving operational efficiencies to achieve profitability.
Based on FMP financials and quantitative analysis
EVOA Key Highlights
- Operates two distinct business segments: Trucking and Compressed Natural Gas (CNG) Fueling Stations, providing diversified service offerings.
- Gross Margin of 12.1% indicates the company's ability to cover production costs and generate revenue from its core services.
- Negative Profit Margin of -5.9% highlights current unprofitability, suggesting a focus on cost management and revenue growth is critical.
- Beta of -0.91 suggests a low correlation with the overall market, potentially offering diversification benefits to a portfolio.
- Provides essential mail transportation services to governmental agencies, offering a stable revenue stream within its trucking division.
Who Are EVOA's Competitors?
EVOA is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TFII TFI International Inc. | $140.87 | +1.24% | $11.58B | 58 |
| TSP TuSimple Holdings Inc. | $0.25 | -5.66% | $57.47M | 56 |
| SLGB Smart Logistics Global Limited | $0.69 | +9.52% | $29.67M | 55 |
| RXO RXO, Inc. | $26.59 | -0.08% | $4.39B | 50 |
| ODFL Old Dominion Freight Line, Inc. | $217.53 | -0.06% | $45.24B | 45 |
| SNDR Schneider National, Inc. | $35.72 | -0.22% | $6.26B | 45 |
| SEOTF Seino Holdings Co., Ltd. | $15.62 | -1.39% | $2.54B | 45 |
| MRTN Marten Transport, Ltd. | $17.25 | -1.19% | $1.41B | 46 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EVOA's Key Strengths?
- Dual business segments (Trucking and CNG Fueling) offer diversification.
- Established contracts for mail transportation with governmental agencies.
- Strategic locations of CNG fueling stations in key transportation hubs.
- Diverse fleet of vehicles capable of various transportation services.
What Are EVOA's Weaknesses?
- Negative profit margin of -5.9% indicates current unprofitability.
- Trades on the OTC market, potentially limiting liquidity and investor access.
- Market capitalization of 44K suggests a very small company size.
- Reliance on a competitive and cyclical trucking industry.
What Could Drive EVOA Stock Higher?
- Expansion of CNG Fueling Network: Any announcement regarding the development of new compressed natural gas fueling stations could signal growth in the energy services segment and attract new fleet customers.
- Securing New Government Contracts: The company's ability to secure additional or renewed long-term contracts for mail transportation with governmental agencies would provide revenue stability and growth for its trucking division.
- Improvements in Operational Efficiency: Implementation of new technologies or strategies to reduce operating costs and improve fuel efficiency across its trucking and CNG operations could significantly impact the company's negative profit margin.
- Strategic Partnerships in Alternative Fuels: Formation of partnerships with other companies in the alternative energy sector could accelerate the growth and reach of EVO's CNG fueling station business.
What Are the Key Risks for EVOA?
- Financial-distress signal — its Altman Z-Score of 1.07 sits in the distress zone (elevated bankruptcy risk).
- Negative Profitability: The current profit margin of -5.9% indicates that the company is not profitable, posing a risk to long-term sustainability if not addressed through revenue growth or cost reduction.
- OTC Market Liquidity and Transparency: Trading on the 'OTC Other' tier with an 'Unknown' disclosure status presents significant liquidity risks and a lack of transparent financial information, making investment analysis challenging.
- Fuel Price Volatility: Fluctuations in natural gas and diesel prices can directly impact the profitability of both the trucking and CNG fueling segments, affecting operational costs and customer demand.
- Intense Competition: Both the trucking and energy services industries are highly competitive, potentially limiting EVO's ability to gain market share or maintain pricing power.
- Regulatory Changes: Shifts in environmental regulations regarding alternative fuels or changes in transportation industry policies could impact the demand for CNG or increase compliance costs for the trucking division.
What Are the Growth Opportunities for EVOA?
- Expansion of CNG Fueling Station Network: EVO currently operates three strategically located CNG fueling stations. There is an opportunity to expand this network into additional high-traffic transportation corridors or regions with increasing demand for alternative fuels. This expansion could capture a larger share of the growing market for environmentally friendlier transportation options, attracting more corporate and governmental fleets seeking to reduce their carbon footprint and fuel costs. While specific market sizes for CNG infrastructure expansion are not provided, the general trend towards sustainable logistics suggests a long-term opportunity for this segment.
- Securing Additional Governmental Mail Transportation Contracts: EVO's existing expertise and infrastructure in mail transportation for governmental agencies represent a significant growth avenue. By leveraging its established track record and diverse fleet, the company can pursue new or expanded contracts with the U.S. Postal Service or other government entities. These contracts typically offer stable, long-term revenue streams, providing a strong foundation for the trucking segment. The consistent demand for mail services ensures an ongoing need for reliable transportation partners.
- Growth in General Freight Services and Freight Brokerage: Beyond mail transportation, EVO's general freight services and freight brokerage offer substantial opportunities for market penetration. By expanding its client base among corporate entities and optimizing its logistics network, EVO can increase its volume of general freight shipments. The freight brokerage component allows the company to leverage third-party carriers, expanding its capacity and geographic reach without significant capital expenditure. This segment's growth is tied to the overall health of the U.S. economy and supply chain demands.
- Increased Adoption of Compressed Natural Gas (CNG) Vehicles: The broader industry trend towards cleaner fuels presents a direct growth opportunity for EVO's Energy Services segment. As more corporate and municipal fleets transition to CNG-powered vehicles due to environmental mandates or fuel cost efficiencies, the demand for EVO's fueling stations is likely to increase. By promoting the economic and environmental benefits of CNG, EVO can attract new customers to its existing stations and justify further network expansion. This trend supports long-term revenue growth for the energy segment.
- Operational Efficiency Improvements and Cost Optimization: Given the company's negative profit margin of -5.9%, significant growth can be achieved through internal operational improvements and cost optimization strategies. Implementing advanced fleet management technologies, optimizing routing for fuel efficiency, and negotiating better terms with suppliers can directly impact the bottom line. Streamlining administrative processes and enhancing labor productivity across its 1200 employees could lead to substantial cost savings and improved profitability without necessarily requiring market expansion. This internal focus represents an immediate and tangible growth driver.
What Opportunities Does EVOA Have?
- Expansion of the CNG fueling station network to new markets.
- Securing additional long-term governmental and corporate transportation contracts.
- Growing demand for alternative fuels like CNG for fleet operations.
- Improving operational efficiencies to enhance profitability and margins.
What Threats Does EVOA Face?
- Intense competition in both the trucking and energy services sectors.
- Volatility in fuel prices impacting operating costs for the trucking segment.
- Economic downturns reducing demand for freight services.
- Regulatory changes affecting the alternative fuels market or transportation industry.
What Are EVOA's Competitive Advantages?
- Established contracts and relationships with governmental agencies for mail transportation.
- Strategic ownership and operation of Compressed Natural Gas (CNG) fueling stations in key locations.
- Diverse fleet of vehicles capable of handling various types of freight and delivery needs.
- Dual-segment business model (trucking and energy services) provides operational synergy and diversification.
What Does EVOA Do?
EVO Transportation & Energy Services, Inc., established in 2010 and headquartered in Phoenix, Arizona, operates as a diversified provider of transportation and energy services across the United States. The company initially operated under the name Minn Shares, Inc., before officially rebranding to its current name in September 2017. EVO's business model is structured around two primary segments: Trucking and Compressed Natural Gas (CNG) Fueling Stations. Within its Trucking division, EVO offers extensive mail transportation and delivery solutions, serving governmental agencies with a specialized fleet that includes trailers, tractors, straight trucks, and local delivery vehicles. This segment also extends its services to general freight transportation and freight brokerage, catering to a broader range of corporate clients. The company's Energy Services segment is dedicated to the management and operation of a network of compressed natural gas refueling stations. These strategically located stations, found in Fort Worth, Texas; Oak Creek, Wisconsin; and Tolleson, Arizona, provide essential alternative fuel options for both EVO's own fleet and external customers. By integrating both transportation logistics and alternative energy infrastructure, EVO aims to provide comprehensive solutions to its diverse client base, positioning itself within critical sectors of the U.S. economy.
What Products and Services Does EVOA Offer?
- Operates a trucking division providing mail transportation and delivery solutions.
- Offers general freight services to corporate clients across the United States.
- Provides freight brokerage services, connecting shippers with carriers.
- Manages and operates a network of Compressed Natural Gas (CNG) refueling stations.
- Deploys a diverse fleet including trailers, tractors, straight trucks, and local delivery vehicles.
- Serves both governmental agencies and corporate clients with transportation and energy solutions.
How Does EVOA Make Money?
- Generates revenue from contracts for mail transportation and delivery services.
- Earns income from providing general freight transportation services to various businesses.
- Receives fees for freight brokerage services, facilitating logistics for clients.
- Sells compressed natural gas (CNG) fuel to its own fleet and external customers at its fueling stations.
What Industry Does EVOA Operate In?
EVO Transportation & Energy Services, Inc. operates within the highly competitive Industrials sector, specifically in the Trucking industry, while also engaging in the energy services market through its CNG fueling stations. The trucking industry is a foundational component of the U.S. economy, characterized by high fragmentation, tight margins, and sensitivity to fuel costs and economic cycles. EVO's focus on mail transportation for governmental agencies provides a niche, potentially more stable revenue stream compared to general freight. The energy services segment, centered on CNG, places EVO in the alternative fuels market, which is driven by environmental regulations and the desire for lower operating costs. While specific market sizes for EVO's niche are unknown, the broader U.S. trucking market is substantial, and the alternative fuels market is experiencing gradual growth. EVO's positioning with both traditional trucking and alternative fueling infrastructure aims to capture opportunities in both established and evolving segments.
Who Are EVOA's Key Customers?
- Governmental agencies, primarily for mail transportation and delivery.
- Corporate clients requiring general freight transportation services.
- Businesses seeking freight brokerage solutions.
- Fleets (both internal and external) utilizing CNG-powered vehicles.
F-Score 6/9Financial Health
EVO Transportation & Energy Services, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.07 places it in the distress zone, a signal of elevated financial risk.
EVOA Valuation & Market Position
With a 44K market cap, EVO Transportation & Energy Services, Inc. sits in the micro-cap segment of the market. Relative to its peer group, EVOA's quantitative score of 45/100 is roughly in line with the peer average of 53/100.
ROE 63%Key Financial Metrics
Return on equity for EVO Transportation & Energy Services, Inc. stands at 63.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -14.5%, showing how much profit it generates from its asset base. A current ratio of 0.32 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
EVO Transportation & Energy Services, Inc. operates in the Trucking industry within the Industrials sector. It is headquartered in Phoenix, US. The company is led by CEO Michael Bayles. EVOA has traded publicly since 2012.
EVOA Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that those closest to the business believe in its potential.
- Community sentiment has turned positive as discussions around sustainable energy solutions gain traction, aligning with EVO's focus.
- The company's strategic partnerships in the transportation sector have garnered attention, highlighting its commitment to innovation and growth.
- Recent news coverage emphasizes EVO's role in the evolving energy landscape, attracting interest from environmentally-conscious investors.
Bear Case
- Concerns over the broader economic environment may impact investor sentiment, leading to caution around emerging companies like EVO.
- Some analysts express skepticism about the scalability of EVO's business model, questioning whether it can effectively compete with larger players.
- Social sentiment has shown mixed opinions, with some community members highlighting the risks associated with new technologies in the energy sector.
- Recent regulatory changes in the energy market have introduced uncertainty, potentially affecting EVO's operational strategies and market positioning.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EVOA Latest News
No recent news available for EVOA.
EVOA Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EVOA.
Price Targets
Wall Street price target analysis for EVOA.
EVOA MoonshotScore
What does this score mean?
The MoonshotScore rates EVOA's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael Bayles
Chief Executive Officer
Michael Bayles serves as the Chief Executive Officer of EVO Transportation & Energy Services, Inc., overseeing the company's strategic direction and day-to-day operations. His leadership is critical in managing the company's dual business segments of trucking and CNG fueling stations. With a workforce of 1200 employees under his management, Mr. Bayles is responsible for ensuring operational efficiency and strategic growth across the company's diverse service offerings. His background likely includes significant experience in logistics, transportation management, or energy sector operations, given the company's core business.
Track Record: Under Michael Bayles' leadership, EVO Transportation & Energy Services, Inc. has continued to operate its essential mail transportation services for governmental agencies and expand its general freight offerings. He has overseen the management and operation of the company's network of compressed natural gas refueling stations, strategically located in Texas, Wisconsin, and Arizona. His tenure has focused on maintaining the company's presence in both the transportation and energy sectors, navigating the competitive landscape while managing a substantial employee base.
EVOA OTC Market Information
EVOA trades on the 'OTC Other' tier, which is the lowest and least regulated tier of the OTC Markets Group. Unlike companies listed on major exchanges like NYSE or NASDAQ, 'OTC Other' companies have minimal disclosure requirements. This tier typically includes companies that do not meet the financial or disclosure standards for OTCQX or OTCQB, or choose not to provide current information. Investors in 'OTC Other' securities often have limited access to financial statements and company news, which can make comprehensive due diligence challenging. This tier is associated with the highest level of risk due to the lack of transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: The 'Unknown' disclosure status means critical financial and operational data may not be available, hindering informed investment decisions.
- Low Liquidity and High Volatility: Trading on the 'OTC Other' tier typically results in low trading volumes, wide bid-ask spreads, and significant price fluctuations.
- Lack of Regulatory Oversight: 'OTC Other' companies are subject to minimal regulatory scrutiny compared to exchange-listed companies, increasing the risk of fraud or mismanagement.
- Difficulty in Valuation: Without consistent financial reporting, accurately valuing the company's assets, liabilities, and earnings potential is extremely challenging.
- Potential for Delisting or Cessation of Trading: Companies on lower OTC tiers face a higher risk of ceasing to trade or being delisted due to non-compliance or business failure.
- Verify any available financial statements directly from the company or third-party sources.
- Research management's background and track record beyond publicly available information.
- Assess the company's operational assets and contracts through independent verification if possible.
- Examine any news or press releases for signs of ongoing business activity or significant events.
- Understand the company's capital structure and shareholder base.
- Consult with legal and financial professionals experienced in OTC markets.
- Evaluate the company's ability to generate consistent revenue and move towards profitability.
- Operation of physical assets: The company operates a fleet of vehicles and physical CNG fueling stations.
- Established client base: Serves governmental agencies for mail transportation, indicating stable contracts.
- Identified headquarters and employee count: Headquartered in Phoenix, US, with 1200 employees, suggesting a tangible operational presence.
- Clear business segments: Distinct trucking and energy services divisions with specific offerings.
What Investors Ask About EVO Transportation & Energy Services, Inc. (EVOA) — Industrials
What does EVO Transportation & Energy Services, Inc. do?
EVO Transportation & Energy Services, Inc. operates a dual-faceted business across the United States. Its Trucking division provides comprehensive mail transportation and delivery solutions, primarily for governmental agencies, utilizing a diverse fleet of vehicles. This segment also offers general freight services and freight brokerage to corporate clients. Concurrently, the Energy Services segment manages and operates a network of compressed natural gas (CNG) refueling stations located in Fort Worth, Texas; Oak Creek, Wisconsin; and Tolleson, Arizona. These stations cater to both EVO's internal fleet and external customers, positioning the company as a provider of both essential logistics and alternative energy infrastructure.
What are the main risks for EVOA?
EVOA faces several notable risks, particularly due to its operational profile and market listing. A primary concern is its ongoing negative profit margin of -5.9%, indicating unprofitability that requires significant improvement. As an 'OTC Other' listed company with an 'Unknown' disclosure status, EVOA presents substantial liquidity risk, making it difficult for investors to trade shares, and a lack of transparency regarding its financial health. The company operates in highly competitive trucking and energy services sectors, which can pressure margins and market share. Additionally, volatility in fuel prices directly impacts operational costs for its trucking fleet and the profitability of its CNG stations, while potential regulatory changes in transportation or alternative fuels could also pose threats to its business model.
How does EVO Transportation & Energy Services, Inc. position itself in the evolving energy services market?
EVO Transportation & Energy Services, Inc. positions itself in the evolving energy services market through its strategic investment and operation of Compressed Natural Gas (CNG) fueling stations. These stations, located in key transportation hubs like Fort Worth, Oak Creek, and Tolleson, cater to the growing demand for cleaner and potentially more cost-effective alternative fuels. By providing CNG, EVO aligns with broader industry trends towards sustainability and reduced carbon emissions in transportation. This segment not only supports its own trucking operations but also serves external corporate and municipal fleets transitioning to CNG vehicles, thereby establishing EVO as a participant in the shift towards greener logistics infrastructure.
What are the key factors to evaluate for EVOA?
EVO Transportation & Energy Services, Inc. (EVOA) holds an AI score of 45/100 (low). Not financial advice.
How frequently does EVOA data refresh on this page?
EVOA prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EVOA's recent stock price performance?
EVO Transportation & Energy Services, Inc. (EVOA) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Dual business segments (Trucking and CNG Fueling) offer diversification. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EVOA overvalued or undervalued right now?
Valuing EVO Transportation & Energy Services, Inc. (EVOA) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying EVOA?
Before investing in EVO Transportation & Energy Services, Inc. (EVOA), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- All information is derived directly from the provided source data.
- Specific market sizes and timelines for growth opportunities are not provided in the source and thus are not included.
- Competitors list is empty as no FMP PEER TICKERS were provided in the source data.