UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                    FORM 10-Q


(Mark One)

[X]  Quarterly  report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934

For the quarterly period ended June 30, 2009

[  ] Transition  report under Section 13 or 15(d) of the  Securities  Exchange
     act of 1934

         For the transition period from _______________ to _________________


                        Commission File Number: 001-32998


                     Energy Services of America Corporation
                     --------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

Delaware                                              20-4606266
-----------------------------------     ----------------------------------------
(State or Other Jurisdiction             (I.R.S. Employer Identification Number)
  of Incorporation or Organization)

100 Industrial Lane, Huntington, West Virginia                   25702
-------------------------------------------------     -------------------------
(Address of Principal Executive Office)                       (Zip Code)

                                 (304) 399-6315
                                 ---------------
               (Registrant's Telephone Number including area code)

     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934 during the  preceding  twelve  months (or for such shorter  period that the
Registrant  was required to file such  reports) and (2) has been subject to such
requirements for the past 90 days. YES ____  NO ____ .

     Indicate by check mark whether the registrant has submitted  electronically
and  posted on its  corporate  Web site,  if any,  every  Interactive  Data File
required  to be  submitted  and posted  pursuant to Rule 405 of  Regulation  S-T
during the preceding 12 months (or for such shorter  period that the  registrant
was required to submit and post such files). Yes      No

     Indicate by check mark whether the registrant is a large accelerated filer,
an accelerated filer, or a non-accelerated filer. See definition of "accelerated
filer and large  accelerated  filer" in Rule 12b-2 of the Exchange  Act.  (Check
one):

Large Accelerated Filer [  ]   Accelerated Filer [  ]

Non-Accelerated Filer [  ]         Smaller Reporting Company   [X]

As of August 10, 2009 there were issued and outstanding 12,092,307 shares of the
Registrant's Common Stock.

     Indicate  by check mark  whether  the  Registrant  is a shell  company  (as
defined in Rule 12b-2 of the Exchange Act). YES      NO X
                                                ---    ---


Transitional Small Business Disclosure Format (check one)  Yes ____   No  __X_



<PAGE>




<TABLE>
<CAPTION>
<S>     <C>                                                                                         <C>


Part 1: Financial Information

Item 1. Financial Statements (Unaudited):

        Consolidated Balance Sheets                                                                        1

        Consolidated Statements of Income                                                                  2

        Consolidated   Statements of Cash Flows                                                            3

        Consolidated Statements of Changes in Stockholders' Equity                                         4

        Notes to Unaudited Consolidated Financial Statements                                               5

Item 2. Management's  Discussion and Analysis of Financial Condition and Results of Operations            10

Item 3  Quantitative and Qualitative Disclosures about Market Risk                                        25

Item 4. Controls and Procedures                                                                           26


Part II: Other Information

Item 1A. Risk Factors                                                                                     26

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                                      26

Item 4T. Submission of Matters to a vote of Security Holders                                              27

Item 6.  Exhibits                                                                                         27

Signatures                                                                                                28

</TABLE>

<page>
                       ENERGY SERVICES OF AMERICA CORPORATION
                             CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                                              June 30,          September 30,
Assets                                                                                         2009                 2008
                                                                                           ------------         ------------
                                                                                            (Unaudited)           (Audited)
Current Assets
<S>                                                                                         <C>                 <C>
     Cash and cash equivalents                                                              $ 4,034,532         $ 13,811,661
     Accounts receivable-trade                                                               12,853,698           38,578,810
     Allowance for doubtful accounts                                                           (366,585)            (363,819)
     Retainages receivable                                                                    4,437,716            6,303,690
     Other receivables                                                                          274,999              182,598
     Costs and estimated earnings in excess of billings on uncompleted contracts              6,069,341            5,272,669
     Prepaid expenses and other                                                               3,521,006            1,121,101
                                                                                           ------------         ------------
        Total Current Assets                                                                 30,824,707           64,906,710
                                                                                           ------------         ------------
Property, plant and equipment, at cost                                                       35,221,631           33,851,552
     less accumulated depreciation                                                           (4,931,270)            (548,089)
                                                                                           ------------         ------------
                                                                                             30,290,361           33,303,463

Goodwill                                                                                     35,489,643           35,489,643
                                                                                           ------------         ------------
     Total Assets                                                                          $ 96,604,711         $133,699,816
                                                                                           ============         ============
Liabilities and Stockholders' Equity
Current Liabilities
     Current maturities of long-term debt                                                   $ 7,096,694         $ 15,040,033
     Lines of credit                                                                          5,375,000            9,796,208
     Accounts payable                                                                         3,830,796           11,336,680
     Accrued expenses and other current liabilities                                           5,606,610            9,364,341
     Billings in excess of costs and estimated earnings on uncompleted contracts                 74,190              509,227
     Income taxes payable                                                                             -            1,461,461
                                                                                           ------------         ------------
        Total Current Liabilities                                                            21,983,290           47,507,950
                                                                                           ------------         ------------
     Long-term debt, less current maturities                                                 13,038,292           18,272,186
     Long-term debt, payable to shareholder                                                   5,800,000            6,000,000
     Deferred income taxes payable                                                                    -            1,662,463
                                                                                           ------------         ------------
        Total Liabilities                                                                    40,821,582           73,442,599
                                                                                           ------------         ------------
Stockholders' equity

     Preferred stock, $.0001 par value
        Authorized 1,000,000 shares, none issued
     Common stock, $.0001 par value
        Authorized 50,000,000 shares
          Issued and outstanding 12,092,307
          shares                                                                                  1,209                1,209

     Additional paid in capital                                                              55,976,368           55,976,368
     Retained earnings                                                                         (194,448)           4,279,640
                                                                                           ------------         ------------
     Stockholders' equity                                                                    55,783,129           60,257,217
                                                                                           ------------         ------------
     Total liabilities and stockholders' equity                                            $ 96,604,711         $133,699,816
                                                                                           ============         ============
</TABLE>
                                       1

   The Accompanying Notes are an Integral Part of These Financial Statements

<page>

                     ENERGY SERVICES OF AMERICA CORPORATION
                        CONSOLIDATED STATEMENTS OF INCOME
                                    Unaudited
<TABLE>
<CAPTION>

                                                    Three Months Ended  Three Months Ended   Nine Months Ended  Nine Months Ended
                                                       June 30,             June 30,            June 30,           June 30,
                                                         2009                 2008                2009               2008
                                                    -----------------   -----------------    ----------------   ------------------
                                                      (Unaudited)         (Unaudited)         (Unaudited)         (Unaudited)

<S>                                                  <C>                 <C>              <C>                         <C>
Revenue                                              $ 24,795,918        $         -       $ 77,419,585      $          -
Cost of revenues                                       22,060,934                  -         78,538,479                 -
                                                     ------------        ------------      ------------      -------------
     Gross profit (loss)                                2,734,984                  -         (1,118,894)                -

Selling and administrative expenses                     1,561,876             38,500          5,229,510           237,574
                                                     ------------        ------------      ------------      ------------
     Income (loss) from operations                      1,173,108            (38,500)        (6,348,404)         (237,574)

Other income (expense)
     Interest income (loss)                               (16,521)           329,609             33,289         1,412,193
     Other nonoperating income (expense)                  (37,717)                 -           (282,802)                -
     Interest expense                                    (392,473)                 -         (1,265,442)                -
     Gain (loss) on sale of equipment                      (3,902)                 -            (12,999)                -
                                                     ------------        ------------      ------------      ------------
                                                         (450,613)           329,609         (1,527,954)        1,412,193

     Income (loss) before income taxes                    722,495            291,109         (7,876,358)        1,174,619

     Income tax expense (benefit)                         134,032            113,000         (3,402,270)          457,000
                                                     ------------       ------------      ------------       ------------
Net income (loss)                                    $    588,463       $    178,109       $ (4,474,088)     $    717,619
                                                     ============       ============      ============       ============
     Weighted average shares outstanding-basic         12,092,307         10,750,000         12,092,307        10,750,000

     Weighted average shares-diluted                   12,092,307         12,970,892         12,092,307        13,160,643

     Net income (loss) per share basic               $       0.05       $       0.02      $      (0.37)      $       0.07
                                                     ============       ============      ============       ============
     Net income (loss) per share diluted             $       0.05       $       0.01      $      (0.37)      $       0.05
                                                     ============       ============      ============       ============
</TABLE>

                                       2
   The Accompanying Notes are an Integral Part of These Financial Statements

<page>

                    ENERGY SERVICES OF AMERICA CORPORATION
                     CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   Unaudited
<TABLE>
<CAPTION>
                                                                                        Nine Months Ended      Nine Months Ended
                                                                                            June 30,               June 30,
Operating activities                                                                          2009                   2008
                                                                                        ----------------      ------------------
<S>                                                                                      <C>                       <C>
Net income (loss)                                                                        $ (4,474,088)             $ 717,619

Adjustments to reconcile net income (loss) to net cash used in operating activities:

     Depreciation expense                                                                   4,402,801                      -
    (Gain) loss on sale/disposal of equipment                                                  12,999                      -
     Accrued income and accretion of investments in trust                                           -               (690,496)
    (Increase) decrease in contracts receivable                                            25,727,878
    (Increase) decrease in retainage receivable                                             1,865,974                      -
    (Increase) decrease in other receivables                                                  (92,401)                     -
    (Increase) decrease in cost and estimated earnings in excess of billings
     on uncompleted contracts                                                                (796,672)                     -
    (Increase) decrease in prepaid expenses                                                (1,474,566)              (530,578)
    Increase (decrease) in accounts payable                                                (7,505,884)                     -
    Increase (decrease) in accrued expenses                                                (4,231,327)                     -
    Increase (decrease) in billings in excess of cost and estimated earnings
     on uncompleted contracts                                                                (435,037)                     -
    Increase (decrease) in income taxes payable                                            (1,461,461)                     -
    Increase (decrease) in deferred income taxes payable                                   (1,662,463)                     -
                                                                                        -------------           -------------
Net cash (used in) provided by operating activities                                         9,875,753               (503,455)
                                                                                        -------------           -------------
Investing activities
Purchase of investments held in trust fund                                                          -            (21,000,000)
Proceeds from maturites of investments held in trust                                                -             21,000,000
Investment in property & equipment                                                         (1,090,832)                     -
Proceeds from sales of property and equipment                                                  20,032                      -
                                                                                        -------------           -------------
Net cash (used in) provided by investing activities                                        (1,070,800)                     -
                                                                                        -------------           -------------
Financing activities
Loans from (repayments to) shareholder                                                       (200,000)                     -
Borrowings on lines of credit, net of (repayments)                                         (4,421,208)                     -
Principal payments on long term debt                                                      (13,509,131)                     -
Principal payments on short term borrowings                                                  (451,743)                     -
                                                                                        -------------           -------------
Net cash (used in) provided by financing activities                                       (18,582,082)                     -
                                                                                        -------------           -------------
Increase (decrease) in cash and cash equivalents                                           (9,777,129)              (503,455)
Cash beginning of period                                                                   13,811,661                756,782
                                                                                        -------------           -------------
Cash end of period                                                                      $   4,034,532           $     253,327
                                                                                        =============           =============
Supplemental schedule of noncash investing and financing activities
Insurance premiums financed, short term                                                 $     925,338
Purchases of property & equipment under financing agreements                            $     331,898           $           -
                                                                                        =============           =============
Supplemental disclosures of cash flow information:

Cash paid during the year for:
Interest                                                                                $   1,278,344           $           -
                                                                                        =============           =============
Income taxes                                                                            $   1,500,000           $     671,500
                                                                                        =============           =============
</TABLE>

                                       3
   The Accompanying Notes are an Integral Part of These Financial Statements

<page>


                     ENERGY SERVICES OF AMERICA CORPORATION
           CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
                       For Nine Months Ended June 30, 2009
                                    Unaudited

<TABLE>
<CAPTION>

                                                           Common Stock                                             Total
                                                        -------------------    Additional Paid     Retained     Stockholders'
                                                        Shares       Amount      in Capital        Earnings        Equity
                                                        ------       ------    ---------------    ----------    ---------------

<S>                                                    <C>         <C>         <C>              <C>              <C>
Balance at September 30, 2007                           9,030,860   $    903    $ 38,564,710     $ 1,468,482      $ 40,034,095

Accretion related to common stock subject to
   possible redemption                                          -          -        (138,642)              -          (138,642)

Net Income (Loss)                                               -          -               -         717,619           717,619
                                                       ----------   --------    ------------     -----------      ------------
Balance at June 30, 2008                                9,030,860   $    903    $ 38,426,068     $ 2,186,101      $ 40,613,072
                                                       ==========   ========    ============     ===========      ============
Balance at September 30, 2008                          12,092,307   $  1,209    $ 55,976,368     $ 4,279,640      $ 60,257,217

Net Income (Loss)                                               -          -               -      (4,474,088)       (4,474,088)
                                                       ----------   --------    ------------     -----------      ------------
Balance at June 30, 2009                               12,092,307   $  1,209    $ 55,976,368     $  (194,448)     $ 55,783,129
                                                       ==========   ========    ============     ===========      ============

</TABLE>

                                        4

   The Accompanying Notes are an Integral Part of These Financial Statements

<PAGE>

                     ENERGY SERVICES OF AMERICA CORPORATION
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS



1.   BUSINESS AND ORGANIZATION:

Energy  Services  of  America  Corporation,  formerly  known as Energy  Services
Acquisition  Corp., (the Company) was incorporated in Delaware on March 31, 2006
as a blank check company whose objective was to acquire an operating business or
businesses.  On September 6, 2006 the Company sold 8,600,000 units in the public
offering at a price of $6.00 per unit.  Each unit  consisted of one share of the
Company's  common stock and two common stock purchase  warrants for the purchase
of a share of common stock at $5.00.  The warrants could not be exercised  until
the later of the  completion of the business  acquisition or one year from issue
date.  The Company  operated as a blank check  company until August 15, 2008. On
that date the Company acquired S.T. Pipeline,  Inc. and C.J. Hughes Construction
Company,  Inc. with proceeds from the Company's  Initial Public Offering.  S. T.
Pipeline  and C. J Hughes  are  operated  as wholly  owned  subsidiaries  of the
Company.

    Interim Financial Statements

The accompanying  unaudited financial  statements have been prepared pursuant to
the rules and regulations of the Securities and Exchange  Commission ("SEC") and
should be read in conjunction with the Company's  audited  financial  statements
and footnotes  thereto for the years ended  September 30, 2008 and 2007 included
in the Company's  Form 10-K filed  December 29, 2008.  Certain  information  and
footnote  disclosures  normally included in annual financial statements prepared
in accordance with accounting principles generally accepted in the United States
of America have been omitted pursuant to interim  financial  reporting rules and
regulations of the "SEC". However, the Company believes that the disclosures are
adequate  to make  the  information  presented  not  misleading.  The  financial
statements  reflect all adjustments  (consisting  primarily of normal  recurring
adjustments)  that  are,  in the  opinion  of  management  necessary  for a fair
presentation of the Company's financial position and results of operations.  The
operating  results  for the  periods  ended  June  30,  2009  and  2008  are not
necessarily indicative of the results to be expected for the full year.

   Principles of Consolidation

The consolidated financial statements of Energy Services include the accounts of
Energy Services and its wholly owned subsidiaries.  All significant intercompany
accounts and  transactions  have been  eliminated in  consolidation.  Unless the
context  requires  otherwise,  references  to  Energy  Services  include  Energy
Services and its consolidated subsidiaries.

   Reclassifications

Certain reclassifications have been made in prior years' financial statements to
conform to classifications used in the current year.

   Stock Purchase Plan

At the annual meeting of the  shareholders on November 19, 2008 the shareholders
approved the establishment of an employee stock purchase plan.

The Company  accounts for its equity based  compensation  under SFAS No. 123(R),
Share-Based  Payments.  Under the provisions of SFAS No. 123(R), the Company has
adopted a fair value based method of accounting for employee equity based plans,
whereby  compensation  cost is  measured at the grant date based on the value of
the award (the discount on the stock purchase) and is recognized at the purchase
date, as there is no vesting period. As a result,  compensation expense relating

                                       5

<PAGE>

to the stock  purchase plan will be reflected in net income as part of "Salaries
and employee benefits" on the Consolidated Statements of Income.


Critical Accounting Policies

     The preparation of these consolidated  financial  statements requires us to
make estimates and  assumptions  that affect the reported  amounts of assets and
liabilities,  disclosures of contingent assets and liabilities known to exist at
the date of the  consolidated  financial  statements  and  reported  amounts  of
revenues and expenses during the reporting  period. We evaluate our estimates on
an  ongoing  basis,  based  on  historical   experience  and  on  various  other
assumptions  that are believed to be reasonable under the  circumstances.  There
can be no assurance  that actual  results will not differ from those  estimates.
Management   believes  the  following   accounting   policies  affect  our  more
significant  judgments and estimates used in the preparation of our consolidated
financial statements.


     Revenue  Recognition  We  recognize  revenue  for cost plus and unit  price
contracts  when  services are performed or units are  completed.  These jobs are
typically  billed at month end for  revenue  earned.  Revenue  from fixed  price
contracts are recognized under the percentage of completion method,  measured by
the  percentage  of costs  incurred  to date to total  estimated  costs for each
contract.  Such contracts  generally provide that the customer accept completion
of progress to date and compensate us for services rendered,  measured typically
in terms of units  installed,  hours expended or some other measure of progress.
Contract costs  typically  include all direct  material,  labor and  subcontract
costs and those indirect costs related to contract performance, such as indirect
labor,  supplies,  tools,  repairs and  depreciation.  Provisions  for the total
estimated  losses on uncompleted  contracts are made in the period in which such
losses are determined.  Changes in job  performance,  job conditions,  estimated
profitability  and final contract  settlements  may result in revisions to costs
and income and their effects are recognized in the period in which the revisions
are determined.


     Current and Non Current  Accounts  Receivable  and  Provision  for Doubtful
Accounts The Company provides an allowance for doubtful accounts when collection
of an  account  is  considered  doubtful.  Inherent  in  the  assessment  of the
allowance for doubtful accounts are certain judgments and estimates relating to,
among others,  our customer's access to capital,  our customer's  willingness or
ability to pay, general economic  conditions and the ongoing  relationship  with
the customer.  While most of our Customers are large well capitalized companies,
should they  experience  material  changes in their  revenues  and cash flows or
incur other  difficulties  and not be able to pay the amounts  owed,  this could
cause reduced cash flows and losses in excess of our current  reserves.  At June
30, 2009, the management  review deemed that the allowance for doubtful accounts
was adequate to cover any anticipated losses.

     Goodwill The  Company's  goodwill  was  acquired in two  separate  purchase
transactions  that were consummated on August 15, 2008. The Company has selected
July 1 for its  annual  impairment  testing  date  which is the first day of the
fourth fiscal quarter. In accordance with paragraph 28 of SFAS 142 goodwill will
be tested for  impairment  between  annual  testing  dates if an event occurs or
circumstances  change that would more likely than not reduce the fair value of a
reporting  unit below its  carrying  amount.  The  Company  has not  preformed a
goodwill impairment test in the current year.

                                       6
<PAGE>


2.  UNCOMPLETED CONTRACTS

Costs,  estimated earnings, and billings on uncompleted contracts as of June 30,
2009 and September 30, 2008 are summarized as follows:

<TABLE>
<CAPTION>
<S>                                                                     <C>                     <C>

                                                                                June 30, 2009        September 30, 2008

Costs incurred on contracts in progress                                        $   50,169,499        $    57,723,456
Estimated earnings, net of estimated losses                                         1,646,478              6,562,540
                                                                               --------------        ---------------
                                                                                   51,815,977             64,285,996
Less   Billings to date                                                            45,820,826             59,522,554
                                                                               --------------        ---------------
                                                                              $     5,995,151        $     4,763,442
                                                                              ===============        ===============
Costs and estimated earnings in excess of billings on uncompleted contracts         6,069,341              5,272,669
Less Billings in excess of costs and estimated earnings on uncompleted
       Contracts                                                                       74,190                509,227
                                                                              ---------------        ---------------
                                                                              $     5,995,151            $ 4,763,442
                                                                              ===============        ===============
</TABLE>

 3.  PROPERTY AND EQUIPMENT

<TABLE>
<CAPTION>
<S>                                                                       <C>                   <C>

                                                                                June 30, 2009        September 30, 2008
Property and Equipment consists of the following:

Land                                                                            $   702,000              $   702,000
Buildings and leasehold Improvements                                                248,044                  253,944
Operating equipment and vehicles                                                 33,944,636               32,859,797
Office equipment, furniture and fixtures                                            326,951                   35,811
                                                                                -----------              -----------
                                                                                 35,221,631               33,851,552
Less Accumulated Depreciation and Amortization                                    4,931,270                  548,089
                                                                                -----------              -----------
Property and equipment net                                                      $30,290,361             $ 33,303,463
                                                                                ===========             =============
</TABLE>

4.   RELATED PARTY DEBT

Total long-term debt at June 30, 2009 was $25.9 million,  of which, $9.9 million
was  payable to certain  directors,  officers  and former  owners of an acquired
company.  The related  party debt  consist of a $5.8  million note due in August
2010,  a $3 million  note  payable on August 15 each year at $1 million per year
over the next three years and a $1.1  million  note  payable as  collections  of
receivables  that were outstanding at August 15, 2008, which are associated with
the  receivables  of an acquired  subsidiary,  are  received.  The remaining $16
million  consists  of  debt  incurred  for  capital  acquisitions  made  by  the
subsidiaries.


                                       7
<PAGE>



 5.  EARNINGS PER SHARE

The amounts  used to compute the basic and  diluted  earnings  per share for the
three months ended June 30, 2009 and 2008 and for the nine months ended June 30,
2009 and 2008.

<TABLE>
<CAPTION>
<S>                                                      <C>            <C>               <C>             <C>

                                                               Three Months Ended                Nine Months Ended
                                                                    June 30,                          June 30,
                                                                2009            2008              2009              2008

Net Income (Loss) from continuing operations available
       to common shareholders                            $    588,463    $    178,109       $ (4,474,088)    $    717,619

Weighted average shares outstanding basic                  12,092,307      10,750,000         12,092,307       10,750,000


Effect of dilutive warrants                                   -0-           2,220,892             -0-           2,410,643
                                                         ------------    ------------       ------------     ------------
Weighted average shares outstanding diluted                12,092,307      12,970,892         12,092,307       13,160,643
                                                         ============    ============       ============     ============

Net Income (Loss) per share-basic                        $       .05    $       0.02       $     (0.37)      $      0.07
                                                         ============   ============       ============      ============
Net Income (Loss) per share-diluted                      $       .05    $       0.01       $     (0.37)      $      0.05
                                                         ============   ============       ============      ============
</TABLE>


  6.     STOCK PURCHASE PLAN

At  the  annual  meeting  of  the  shareholders  on  November  19,  2008  of the
shareholders  approved the establishment of an employee stock purchase plan. The
stock purchase plan authorizes the issuance of up to 1,200,000  shares of common
stock for purchase by eligible employees. A participant's stock purchased during
a  calendar  year  may  not  exceed  the  lesser  of  (a) a  percentage  of  the
participant's  compensation  or a total amount as specified by the  compensation
committee of the Board, or (b) $25,000.  The stock will be offered at a purchase
price of at least 85% of its fair market value on the date of purchase.

The major plan  provisions  cover the purposes of the plan,  effective  date and
duration,  administration,  eligibility, stock type, stock purchase limitations,
price of stock, participation election,  payroll deductions,  payment for stock,
date  of  purchase,   termination  of  agreement,   termination  of  employment,
recapitalization,   change  of  control,   assignability,   Stockholder  rights,
compliance  with code section 423,  amendment and  termination,  application  of
funds, tax withholdings, governing laws, employment at will and arbitration.

The Company  accounts for its equity based  compensation  under SFAS No. 123(R),
Share-Based  Payments.  Under the provisions of SFAS No. 123(R), the Company has
adopted a fair value based method of accounting for employee equity based plans,
whereby  compensation  cost is  measured at the grant date based on the value of
the award (the discount on the stock purchase) and is recognized at the purchase
date, as there is no vesting period. As a result,  compensation expense relating
to the stock  purchase plan will be reflected in net income as part of "Salaries
and employee benefits" on the Consolidated Statements of Income.


There have been no agreements  with any employees made under this plan as of the
period ending June 30, 2009.


                                       8
<PAGE>


7. COMMITMENTS AND CONTINGENCIES

On February 6, 2009,  the company  filed with the SEC a  registration  statement
relating to the registration of 2,150,000 shares of common stock held by initial
shareholders  of the Company and 2,964,763  shares issued in connection with the
acquisition  of C.J.  Hughes  Construction  Company,  Inc. as well as  3,076,923
warrants to purchase shares of common stock held by initial  shareholders of the
Company and the 3,076,923 shares underlying those warrants.

8.  SUBSEQUENT EVENTS

Subsequent  events have been evaluated  through August 12, 2009, the date of the
issuance of these financial statements.

9.  RECENT ACCOUNTING PRONONCEMENTS

In April  2009,  the FASB issued FSP FAS No.  107-1 and APB  Opinion  No.  28-1,
"Interim Disclosures About Fair Value of Financial  Instruments," which requires
quarterly  fair  value  disclosures  for  financial  instruments  that  are  not
reflected on the Company's  Consolidated  Balance Sheet at fair value in interim
financial  statements  effective for interim periods ending after June 15, 2009.
The  Company  adopted the new  standard  for the  quarter  ended June 30,  2009.
Adoption  had no  impact on the  Company's  financial  position  or  results  of
operations.

In  May  2009,  the  FASB  issued  SFAS  No.  165,  "Subsequent  Events,"  which
establishes  general  standards of accounting  for the disclosure of events that
occur after the balance sheet date but before  financial  statements are issued.
In particular, SFAS No. 165 sets forth:

     The period  after the  balance  sheet date  during  which  management  of a
     reporting entity should evaluate events or transactions  that may occur for
     potential recognition or disclosure in the financial statements; and

     The  circumstances  under  which  an  entity  should  recognize  events  or
     transactions  occurring  after  the  balance  sheet  date in its  financial
     statements; and

     The  disclosures  that an entity  should make about events or  transactions
     that occurred after the balance sheet date.

SFAS No. 165 is effective  for interim or annual  periods  ending after June 15,
2009, and is to be applied prospectively. The Company adopted SFAS NO. 165 as of
June 30, 2009. For evaluation of subsequent events, see Note 8-Subsequent Events
of this Form 10-Q.

In June 2009,  the FASB  issued  SFAS NO. 168,  "The FASB  Accounting  Standards
Codification  and the Hierarchy of Generally  Accepted  Accounting  Principles."
SFAS  No.  168   establishes   the  FASB   Accounting   Standards   Codification
(Codification),  which  officially  commenced July 1, 2009, to become the single
source of  authoritative  U.S.  GAAP  recognized  by the FASB to be  applied  by
nongovernmental  entities.  Rules  and  interpretive  release  of the SEC  under
authority of federal  securities laws are also sources of authoritative GAAP for
SEC registrants.  All other accounting literature excluded from the Codification
will be considered  nonauthoritative.  The subsequent issuances of new standards
will be in the form of Accounting Standards Updates that will be included in the
Codification.  Generally,  the Codification is not expected to change U.S. GAAP.
SFAS NO. 168 is effective for financial statements issued for interim and annual
periods ending after September 15, 2009. The Company will adopt SFAS NO. 168 for
the quarter ending  September 30, 2009. The Company is currently  evaluating the
effect of the standard on its  financial  statement  disclosures,  as all future
references  to  authoritative   accounting  literature  will  be  referenced  in
accordance with the Codification.


                                       9
<PAGE>

ITEM 2. Management's  Discussion and Analysis of Financial Condition and Results
     of Operations

     You should read the following  discussion  of the  financial  condition and
results of operations of Energy Services in conjunction  with the "Unaudited Pro
Forma  Consolidated  Financial  information  " appearing in this section of this
report  as  well  as the  historical  financial  statements  and  related  notes
contained elsewhere herein.  Among other things,  those historical  consolidated
financial  statements include more detailed  information  regarding the basis of
presentation for the following information.

Forward Looking Statements

     Within  Energy  Services'  financial  statements  and this  discussion  and
analysis  of the  financial  condition  and  results  of  operations,  there are
included   statements   reflecting   assumptions,   expectations,   projections,
intentions or beliefs about future events that are intended as  "forward-looking
statements" under the Private Securities  Litigation Reform Act of 1995. You can
identify  these  statements  by the fact that  they do not  relate  strictly  to
historical or current facts.  They use words such as  "anticipate,"  "estimate,"
"project,"  "forecast," "may," "will," "should,"  "could," "expect,"  "believe,"
"intend" and other words of similar meaning.

     These  forward-looking  statements are not guarantees of future performance
and involve or rely on a number of risks,  uncertainties,  and assumptions  that
are difficult to predict or beyond Energy Services' control. Energy Services has
based its  forward-looking  statements on  management's  beliefs and assumptions
based on  information  available to  management at the time the  statements  are
made.  Actual outcomes and results may differ materially from what is expressed,
implied and  forecasted by  forward-looking  statements and any or all of Energy
Services'  forward-looking  statements  may  turn out to be  wrong.  They can be
affected  by  inaccurate   assumptions   and  by  known  or  unknown  risks  and
uncertainties.

     All of  the  forward-looking  statements,  whether  written  or  oral,  are
expressly  qualified by these  cautionary  statements  and any other  cautionary
statements  that  may  accompany  such  forward-looking  statements  or that are
otherwise  included  in this  report.  In  addition,  Energy  Services  does not
undertake  and  expressly  disclaims  any  obligation  to update  or revise  any
forward-looking  statements to reflect events or circumstances after the date of
this report or otherwise.

Company Overview

     Energy  Services  was  formed on March 31,  2006,  to serve as a vehicle to
effect a merger,  capital stock  exchange,  asset  acquisition  or other similar
business  combination with an operating business.  It operated as a "Blank Check
Company"  until August 15, 2008 at which time it completed the  acquisitions  of
S.T. Pipeline, Inc. and C.J. Hughes Construction Company, Inc. S.T. Pipeline and
C.J.  Hughes  are  considered  predecessor  companies  to Energy  Services.  The
discussion of financial  condition and operating  results include the results of
the two predecessors prior to the acquisition.  This discussion is based in part
on pro-forma income statement  information.  The Company acquired S.T.  Pipeline
for $16.2 million in cash and $3.0 million in a promissory note. The C.J. Hughes
purchase price  totalled  $34.0  million,  one half of which was in cash and one
half in Energy Services common stock.  The  acquisitions are accounted for under
the purchase method and the financial  results of both acquisitions are included
in the results of Energy Services from the date of acquisition.

     Since the acquisitions,  Energy Services has been engaged in one segment of
operations which is providing contracting services for energy related companies.
Currently  Energy  Services  primarily  services  the  gas,  oil and  electrical
industries though it does some other incidental work. For the gas industry,  the
Company is  primarily  engaged in the  construction,  replacement  and repair of
natural gas pipelines and storage  facilities for utility  companies and private
natural gas companies.  Energy Services is involved in the  construction of both
interstate and intrastate pipelines, with an emphasis on the latter. For the oil

                                       10
<PAGE>


industry  the  Company  provides a variety of  services  relating  to  pipeline,
storage  facilities  and plant work. For the  electrical  industry,  the Company
provides  a  full  range  of  electrical  installations  and  repairs  including
substation  and  switchyard  services,  site  preparation,  packaged  buildings,
transformers  and other ancillary work with regards  thereto.  Energy  Services'
other services include liquid pipeline construction,  pump station construction,
production  facility  construction,  water  and  sewer  pipeline  installations,
various  maintenance and repair services and other services  related to pipeline
construction.  The  majority  of the  Company's  customers  are  located in West
Virginia,  Virginia,  Ohio, Kentucky and North Carolina. The Company builds, but
does not own,  natural gas  pipelines  for its  customers  that are part of both
interstate and intrastate  pipeline systems that move natural gas from producing
regions  to  consumption  regions as well as  building  and  replacing  gas line
services to individual customers of the various utility companies.

     The Company enters into various types of contracts,  including  competitive
unit price,  cost-plus (or time and materials  basis) and fixed price (lump sum)
contracts.  The terms of the contracts will vary from job to job and customer to
customer  though most contracts are on the basis of either unit pricing in which
the Company  agrees to do the work for a price per unit of work performed or for
a fixed  amount for the  entire  project.  Most of the  Company's  projects  are
completed  within one year of the start of the work. On occasion,  the Company's
customers  will require the posting of  performance  and/or  payment  bonds upon
execution of the contract, depending upon the nature of the work performed.

     The  Company  generally  recognizes  revenue  on unit  price and  cost-plus
contracts  when units are  completed  or  services  are  performed.  Fixed price
contracts  usually  results  in  recording  revenues  as  work  on the  contract
progresses on a percentage of completion  basis.  Under this accounting  method,
revenue is recognized based on the percentage of total costs incurred to date in
proportion to total estimated costs to complete the contract. Many contacts also
include  retainage  provisions under which a percentage of the contract price is
withheld until the project is complete and has been accepted by the customer.

Third Quarter Overview

     The following is an overview for the three months ended June 30, 2009:

           Sales                               $24.8 million
           Cost of Revenues                     22.1 million
           Gross Profit (Loss)                   2.7 million
           Selling & Adm.                        1.6 million
           Net Income(Loss)                      0.6 million

The third and fourth fiscal  quarters for the Company are typically  very active
periods for our business  line. As the economy  starts to improve the Company is
seeing many projects  coming out for bid.  Revenue  increased from $18.9 million
for the quarter  ending March 31, 2009 to $24.8  million for the quarter  ending
June 30, 2009. Selling and  Administrative  expenses were down $0.4 million from
the  previous  quarter.  Net income was $0.6  million  for the  quarter.  Fourth
quarter  sales  are  expected  to be  strong.

The Company's cash and cash equivalents  decreased by $6.4 million, with working
capital increasing by $0.5 million during this quarter.  Accounts receivable and
retainage receivable decreased by $1.7 million during the quarter, and long-term
debt was reduced by $3.5 million.

                                       11
<PAGE>

Seasonality: Fluctuation of Results

     Our  revenues and results of  operations  can be and usually are subject to
seasonal  variations.  These  variations  are the  result of  weather,  customer
spending  patterns,  bidding seasons and holidays.  The second fiscal quarter of
the year is typically the slowest in terms of revenues because inclement weather
conditions  cause delays in production  and customers  usually do not plan large
projects during that time.  While usually better than the second fiscal quarter,
the first fiscal quarter often has some inclement weather which can cause delays
in production,  reducing the revenues the Company receives and/or increasing the
production  costs.  Also in the first quarter there are holidays which can limit
production.  The third fiscal  quarter  usually is least impacted by weather and
usually has the largest number of projects underway.

     In addition to the fluctuations  discussed above, the pipeline industry can
be highly cyclical,  reflecting variances in capital expenditures in relation to
energy price fluctuations.  As a result, our volume of business may be adversely
affected  by  where  our  customers'   businesses  are  in  relation  to  energy
infrastructure  expenditures  and thereby their financial  condition as to their
capital needs and access to capital to finance those needs.

     Accordingly,  our operating  results in any particular  quarter or year may
not be  indicative  of the results that can be expected for any other quarter or
any other year.  You should read  "Understanding  Gross  Margins" and  "Outlook"
below for  discussions  of trends and  challenges  that may affect our financial
condition and results of operations.


Understanding Gross Margins

     Our gross  margin is gross profit  expressed  as a percentage  of revenues.
Cost of revenues  consists  primarily  of salaries,  wages and some  benefits to
employees,   depreciation,   fuel  and  other  equipment,   equipment   rentals,
subcontracted services, portions of insurance, facilities expense, materials and
parts and supplies.  Various  factors,  some  controllable,  some not impact our
gross margin on a quarterly or annual basis.

     Seasonal.  As discussed  above,  seasonal  patterns can have a  significant
impact on gross margins.  Usually,  business is slower in the winter months when
construction is difficult to undertake versus the warmer months.

     Weather. Adverse or favorable weather conditions can impact gross margin in
a given  period.  Periods  of wet  weather,  snow or  rainfall,  as well  severe
temperature  extremes can severely  impact  production and therefore  negatively
impact  revenues and margins.  Conversely,  periods of dry weather with moderate
temperatures  can positively  impact revenues and margins due to the opportunity
for increased production and efficiencies.

     Revenue Mix. The mix of revenues  between  customer types and types of work
for various  customers will impact gross  margins.  Some projects will have more
margins while others that are extremely competitive in bidding may have narrower
margins.

     Service and Maintenance versus installation.  In general, installation work
has a higher gross margin than  maintenance  work.  This is due to the fact that
installation  work  usually is more of a fixed price  nature and  therefore  has
higher risks  involved.  Accordingly,  a higher  portion of the revenue mix from
installation work typically will result in higher margins.
                                       12
<PAGE>

         Subcontract work. Work that is subcontracted to other service providers
generally has lower gross margins. Increases in subcontract work as a percentage
of total revenues in a given period may contribute to a decrease in gross
margin.

     Materials  versus  Labor.  Typically  materials  supplied on projects  have
smaller margins than labor. Accordingly, projects with a higher material cost in
relation to the entire job will have a lower overall margin.

     Depreciation.  Depreciation  is included in our cost of revenue.  This is a
common practice in the energy services  industry,  but can make comparability to
other companies difficult.


Selling and Administrative Expenses

     Selling and  administrative  expenses consist primarily of compensation and
related benefits to management, administrative salaries and benefits, marketing,
communications,  office and utility costs,  professional fees, bad debt expense,
letter of credit fees,  general  liability  insurance  and  miscellaneous  other
expenses.

Results of Operations

     Because the Company had no operations during the nine months ended June 30,
2008 the  information  set forth below for the three and nine months  ended June
30, 2008 and the corresponding analysis of the comparative three and nine months
ended June 30, 2009 and June 30,  2008 is based on actual  results for the three
and nine months ended June 30, 2009 and pro forma results for the three and nine
months ended June 30, 2008. This information is based upon and should be read in
conjunction  with the more detailed  information  included in the section titled
"Unaudited Pro Forma Consolidated Financial Information."
                                       13
<PAGE>

Energy Services of America Corporation

Consolidated  Statement  of Income for Three and Nine Months Ended June 30, 2009
and 2008

<TABLE>

<CAPTION>
<S>                                             <C>                    <C>              <C>                  <C>

                                                        (Unaudited)        Pro Forma           (Unaudited)         Pro Forma
                                                        Three Months      Three Months         Nine Months        Nine Months
                                                          Ended             Ended                Ended              Ended
                                                        6/30/2009         6/30/2008            6/30/2009          6/30/2008

Contract Revenues                                      $ 24,795,918      $ 54,330,340         $ 77,419,585     $ 149,820,472
Cost of Revenues                                         22,060,934        48,262,514           78,538,479       123,033,288
Gross Profit (Loss)                                       2,734,984         6,067,826           (1,118,894)       26,787,184
Selling and administrative expenses                       1,561,876         1,119,746            5,229,510         4,883,201

Income ( Loss) from operations before taxes               1,173,108         4,948,080           (6,348,404)       21,903,983

Interest Income                                             (16,521)           40,359               33,289           338,080
Interest Expense                                           (392,473)         (380,180)          (1,265,442)       (1,245,286)
Other Income (Expense)                                      (41,619)           (9,163)            (295,801)         459,166

Income (Loss) before tax                                    722,495         4,599,096           (7,876,358)       21,455,943

Income taxes (Benefit)                                      134,032         1,888,078            (3,402,270)       8,723,200

Income (Loss) before variable interest entity               588,463         2,711,018           (4,474,088)       12,732,743

Income(Loss) attributable to variable interest entity             -           (50,479)                  -            (15,818)

Net Income (Loss)                                         $ 588,463       $ 2,660,539          $ (4,474,088)    $ 12,716,925

Weighted average shares outstanding- basic               12,092,307        12,092,307           12,092,307        12,092,307

Weighted average shares-  diluted                        12,092,307        14,313,199           12,092,307        14,502,950

 Net income (Loss) per share- basic                          $ 0.05            $ 0.22               $ (0.37)          $ 1.05

 Net income (Loss) per share- diluted                        $ 0.05            $ 0.19               $ (0.37)          $ 0.88

</TABLE>
<TABLE>
<CAPTION>
<S>                                                              <C>            <C>      <C>             <C>
                                                                      Three Months                 Nine Months
                                                                         Ended                        Ended


Contract Revenues                                                  $(29,534,422)  -54.4%    $ (72,400,887)   -48.3%
Cost of Revenues                                                   $(26,201,580)  -54.3%    $ (44,494,809)   -36.2%
Gross Profit (Loss)                                                $(3,332,842)   -54.9%    $ (27,906,078)  -104.2%
Selling and administrative expenses                                $   442,130     39.5%        $ 346,309      7.1%

Income ( Loss) from operations before taxes                        $(3,774,972)   -76.3%    $ (28,252,387)  -129.0%

Interest Income                                                    $   (56,880)  -140.9%       $ (304,791)   -90.2%
Interest Expense                                                   $   (12,293)     3.2%        $ (20,156)     1.6%
Other Income (Expense)                                               $ (32,456)   354.2%       $ (754,967)  -164.4%

Income (Loss) before tax                                           $(3,876,601)   -84.3%    $ (29,332,301)  -136.7%

Income taxes (Benefit)                                             $(1,754,046)   -92.9%    $ (12,125,470)  -139.0%

Income (Loss) before variable interest entity                      $(2,122,555)   -78.3%    $ (17,206,831)  -135.1%

Net Income (Loss)                                                     $ 50,479   -100.0%         $ 15,818   -100.0%

Net income (Loss) per share- diluted                               $(2,072,076)   -77.9%    $ (17,191,013)  -135.2%

</TABLE>
                                       14
<PAGE>



UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL INFORMATION

     The following  tables set forth summary  financial  information for our pro
forma  consolidated  results for the three and nine months  ended June 30, 2008.
The  information is presented to show what the  consolidated  income  statements
would have looked like had the transactions  with S.T.  Pipeline and C.J. Hughes
been completed at the beginning of that period.  The  information  includes such
adjustments as deemed  necessary to reflect the transactions in a proper manner.
This information should be read in conjunction with the notes thereto as well as
the financial  statements for the various  entities  included  elsewhere in this
document.

     The unaudited pro forma information is for informational  purposes only and
is not intended to represent or be  indicative  of the  consolidated  results of
operations  that we  would  have  reported  had  the  merger  transactions  been
completed as of the date presented and should not be taken as  representative of
our future consolidated results of operations.
                                       15

<page>
<TABLE>
<CAPTION>
                                Energy Services Acquisition Corp.
                                  ST Pipeline, Inc./C J Hughes
                Pro Forma Combined, Condensed, Consolidated Statement of Income
                                        (Unaudited)
<S>                                               <C>                <C>                <C>          <C>              <C>
                                                     ESA         ST Pipeline                    C J Hughes
                                                 Three Months    Three Months                   Three Months
                                                    Ended           Ended        ST Pipeline      Ended           C J Hughes
                                                  June 30,        June 30,      Pro Forma        June 30,        Pro Forma
                                                    2008            2008         Adjustments       2008          Adjustments
                                                --------------  --------------------------------------------   -----------------
                                                 (Unaudited)     (Unaudited)     (Unaudited)   (Unaudited)       (Unaudited)

Contract Revenues                                                $ 15,417,197                   $ 38,913,143            3
Cost of Revenues                                                   12,752,746     $ 397,389(1)    34,832,889   $   279,490 (1)
                                                --------------  --------------  ------------   -------------   -------------
Gross Profit                                                -       2,664,451      (397,389)      4,080,254        (279,490)
Selling and administrative expenses                  $ 38,500         341,746             0         739,500               0
                                                --------------  --------------  ------------   -------------   -------------

Income( Loss) from operations before taxes            (38,500)      2,322,705      (397,389)      3,340,754        (279,490)

Interest Income                                       329,609          11,845      (100,999)(2)      41,043        (110,635)(2)
Interest Expense                                            -         (39,850)      (56,250)(3)    (284,080)              -
Other Income (Expense)                                      -          11,401             -         (20,564)              -
                                                --------------  --------------  ------------   -------------   -------------

Income before tax                                     291,109       2,306,101      (554,638)      3,077,153        (390,125)

Income taxes (Benefit)                                113,000               -       700,586 (4)      24,968       1,074,811 (4)
                                                --------------  --------------  ------------   -------------   -------------

Income (Loss) before variable interest entity         178,109       2,306,101    (1,255,224)      3,052,185      (1,464,936)
Income(Loss) attributable to variable interest
  entity                                                    -               -             -         (50,479)              -
                                                --------------  --------------  ------------   -------------   -------------
Net Income (Loss)                                   $ 178,109     $ 2,306,101   $ (1,255,224)   $ 3,001,706     $(1,464,936)
                                                ==============  ==============  ============   =============   =============

Weighted average shares outstanding- basic         10,750,000                                                     2,964,763
                                                --------------                                                 -------------

Weighted average shares-  diluted                  12,970,892                                                     2,964,763
                                                ==============                                                 -------------
 Net Income (Loss) per share- basic                    $ 0.02
                                                ==============
 Net Income (Loss)  per share- diluted                 $ 0.01
                                                ==============
</TABLE>

<TABLE>
<CAPTION>
<S>                                                        <C>                  <C>
                                                                 Redemption       Pro Forma
                                                                  Adjustments      Combined
                                                                 -------------------------------
                                                                 (Unaudited)       (Unaudited)

Contract Revenues                                                $      -         $ 54,330,340
Cost of Revenues                                                        -           48,262,514
                                                                 --------------    ------------
Gross Profit                                                            -            6,067,826
Selling and administrative expenses                                     -            1,119,746
                                                                 --------------    ------------
Income( Loss) from operations before taxes                              -            4,948,080
Interest Income                                                     (130,504)           40,359
Interest Expense                                                        -             (380,180)
Other Income (Expense)                                                  -               (9,163)
                                                                 --------------    -----------
Income before tax                                                   (130,504)(5)     4,599,096
Income taxes (Benefit)                                               (25,287)(6)     1,888,078
                                                                 --------------    ------------
Income (Loss) before variable interest entity                       (105,217)        2,711,018
Income(Loss) attributable to variable interest entity                  -               (50,479)
                                                                --------------    -------------
Net Income (Loss)                                               $   (105,217)     $  2,660,539
                                                                ==============    =============
Weighted average shares outstanding- basic                        (1,622,456)       12,092,307
                                                                --------------    -------------
Weighted average shares- diluted                                  (1,622,456)       14,313,199
                                                                --------------    -------------
Net Income (Loss) per share- basic                                                     $ 0.22
                                                                                  =============
 Net Income (Loss)  per share- diluted                                                $ 0.19
                                                                                  =============
</TABLE>
                                       16

<PAGE>

<TABLE>
<CAPTION>
<S>                                     <C>              <C>               <C>             <C>            <C>

                                                        Energy Services Acquisition Corp.
                                                          ST Pipeline, Inc./C J Hughes
                                           Pro Forma Combined, Condensed, Consolidated Statement of Income
                                                                   (Unaudited)

                                                    ESA            ST Pipeline                      C J Hughes
                                                 Nine months      Nine months                       Nine months
                                                   Ended           Ended        ST Pipeline      Ended        C J Hughes
                                                  June 30,        June 30,     Pro Forma        June 30,      Pro Forma
                                                    2008           2008         Adjustments       2008        Adjustments
                                                -------------  --------------------------------------------   ------------
                                                 (Unaudited)     (Unaudited)    (Unaudited)     (Unaudited)   (Unaudited)

Contract Revenues                                  $       -    $ 64,359,881             -     $ 85,460,591           1
Cost of Revenues                                           -      45,604,470     $ 697,389(1)      76,044,002  $ 687,427
                                                -------------  --------------  ------------   -------------   ------------
Gross Profit                                               -      18,755,411      (697,389)      9,416,589       (687,427)
Selling and administrative expenses                $ 237,574       1,349,480                     3,296,147
                                                -------------  --------------  ------------   -------------   ------------
Income( Loss) from operations before taxes          (237,574)     17,405,931      (697,389)      6,120,442       (687,427)
Interest Income                                    1,412,193          41,739      (450,554)(2)      80,672       (476,824)
Interest Expense                                           -        (170,713)     (168,750)(3)    (905,823)             -
Other Income (Expense)                                     -         397,040             -          62,126              -
                                                -------------  --------------  ------------   -------------   ------------
Income (Loss) before tax                           1,174,619      17,673,997    (1,316,693)      5,357,417     (1,164,251)
Income taxes (Benefit)                               457,000               -     6,542,922 (4)     102,415      1,701,607
                                                -------------  --------------  ------------   -------------   ------------
Income (Loss) before variable interest entity        717,619      17,673,997    (7,859,615)      5,255,002     (2,865,858)
Income (Loss) attributable to variable interest entity     -                                       (15,818)
                                                -------------  --------------  ------------   -------------   ------------
Net Income (Loss)                                  $ 717,619    $ 17,673,997   $ (7,859,615)   $ 5,239,184    $(2,865,858)
                                                =============  ==============  ============   =============   ============
Weighted average shares outstanding- basic        10,750,000                                                    2,964,763
                                                -------------                                                 ------------
Weighted average shares-  diluted                 13,160,643                                                    2,964,763
                                                =============                                                 ------------
 Net Income (Loss) per share- basic                   $ 0.07
                                                =============
 Net income (Loss) per share- diluted                 $ 0.05
                                                =============
</TABLE>

<TABLE>
<CAPTION>
<S>                                                                   <C>                   <C>
                                                                                 C J Hughes
                                                                               Redemption    Pro Forma
                                                                             Adjustments      Combined
                                                                            ---------------------------
                                                                             (Unaudited)     (Unaudited)

Contract Revenues                                                          $    -          $ 149,820,472
Cost of Revenues                                                                -            123,033,288
                                                                           -------------   -------------
Gross Profit                                                                    -             26,787,184
Selling and administrative expenses                                             -              4,883,201
                                                                           -------------   -------------
Income( Loss) from operations before taxes                                      -             21,903,983
Interest Income                                                               (269,146)          338,080
Interest Expense                                                                -             (1,245,286)
Other Income (Expense)                                                          -                459,166
                                                                           -------------   -------------
Income (Loss) before tax                                                      (269,146)(5)    21,455,943
Income taxes (Benefit)                                                         (80,744)(6)     8,723,200
                                                                           -----------     -------------
Income (Loss) before variable interest entity                                 (188,402)       12,732,743
Income (Loss) attributable to variable interest entity                                           (15,818)
                                                                           ------------    -------------
Net Income (Loss)                                                          $  (188,402)    $  12,716,925
                                                                           =============   =============
Weighted average shares outstanding- basic                                  (1,622,456)       12,092,307
                                                                           -------------   -------------
Weighted average shares-  diluted                                           (1,622,456)       14,502,950
                                                                           -------------   -------------
 Net Income (Loss) per share- basic                                                        $     1.05
                                                                                           =============
 Net income (Loss) per share- diluted                                                      $     0.88
                                                                                           =============
</TABLE>

                                       17
<PAGE>


Notes to pro forma income statement

(1)  These adjustments represent the added depreciation created from the mark to
     market of the fixed assets of S.T.  Pipeline ($6.1 million) and C.J. Hughes
     ($4.1 million) as required by purchase  accounting.  The added depreciation
     is based on a 5 year useful life.

(2)  These  adjustments  reflect the interest income lost from the cash payments
     made to the  shareholders of S.T.  Pipeline ($16.3 million) and C.J. Hughes
     ($17.2 million) had the transaction been completed at the beginning of each
     period and therefore not earning  interest.  The rates of interest actually
     received  for each of the periods was used in the  calculation  (3.15 % for
     2008).

(3)  This  adjustment  is to  reflect  the added  interest  cost that would have
     occurred  relating to the $3 .0 million of notes at 7.5% interest issued to
     the Shareholders of S.T. Pipeline had the transaction been in place for the
     respective periods.

(4)  S.T.  Pipeline and C.J.  Hughes were both Sub S corporations  and therefore
     had no federal or state  income  taxes.  These  entries  are to reflect the
     estimated taxes for these companies had they been a part of Energy Services
     for the respective periods. The combined tax rates used were 40%.

(5)  In  accordance  with the bylaws of Energy  Services,  shareholders  had the
     right  to vote  against  the  transactions  and  request  their  shares  be
     redeemed.  These entries reflect the lost interest income from the purchase
     of  those  shares  so  redeemed  assuming  they has  been  redeemed  at the
     beginning  of the  respective  periods.  The  interest  rates used were the
     actual rates  received by Energy  Services  during the  respective  periods
     (3.15% for 2008).

(6)  These entries are to reflect the tax savings related to the interest income
     lost on the payments to redeem shares  ($130,504 and $269,146 for the three
     month and none month periods ended June 30, 2008).

2009 Actual compared to 2008 Pro Forma

     Revenues.  Revenues decreased by $29.5 million (54.4%) to $24.8 million for
the three  months  ended June 30, 2009,  and by $72.4  million  (48.3%) to $77.4
million  for the nine  months  ended June 30,  2009  compared  to the  pro-forma
revenue for the same periods ending in 2008.  This decrease was primarily due to
major projects at S.T.  Pipeline and C.J. Hughes  completed in 2008 that did not
reoccur in 2009.  Several  projects with projected start dates in 2009 have been
delayed or cancelled due to current economic conditions.

     Cost of Revenues.  Costs of Revenues  decreased by $26.2 million (54.3%) to
$22.1  million for the three  months  ended June 30,  2009 and by $44.5  million
(36.2%) to $78.5 million for the nine months ended June 30, 2009 compared to the
pro forma cost of revenue for the same periods  ending in 2008. The major reason
for the decrease was due to the  completion of some major  projects in 2008 with
no new similar projects starting in 2009.

     Gross Profit (Loss). Gross profit decreased by $3.3 million (54.9%) for the
three  months  ended  June 30,  2009 to a profit of $2.7  million,  and by $27.9
million  (104.2%) to a loss of $1.1  million for the nine months  ended June 30,
2009 compared to the pro forma gross profit for the same periods in 2008.  Total
revenues decreased $72.4 million (48.3%) for the nine months ended June 30, 2009
which was a major factor in the reduction of gross margin.  Contributing  to the
loss for the nine months ended June 30, 2009 were two particular projects at one
of the  operating  subsidiaries  which lost $3.2  million for the quarter  ended
December 31, 2008. There was a combination of events that resulted in the losses
on these jobs. First, the customer has several other projects that were supposed
to start in the  quarter  that they  decided  to  delay.  The  pricing  had been
                                       18
<PAGE>


established  on these  projects  under the assumption of getting the added work.
When that did not occur many costs that would have been spread over all the jobs
then had to be absorbed into these two existing jobs.  There were unplanned work
stoppages  initiated by the customer for the Thanksgiving and Christmas holidays
which resulted in added payroll costs of approximately $450,000. These jobs have
been completed and since this was an unusual occurrence for portions of projects
linked  together to get delayed and normally when planning a project you know of
scheduled  work  stoppages,  we believe  that the  results of these jobs are not
indicative of future performance.

     Selling and administrative  expenses.  Selling and administrative  expenses
increased  by $442,000  (39.5%) for the three  months ended June 30, 2009 and by
$346,000  (7.1%) for the nine  months  ended June 30,  2009  compared to the pro
forma selling and  administrative  expenses for the same periods in 2008.  These
increases were primarily due to the timing differences in certain administrative
expenses, such as bonuses, accounting and professional fees.

     Income  (Loss) from  Operations.  Income  from  operations  decreased  $4.0
million  (77.4%) to a profit of $1.2 million for the three months ended June 30,
2009 and decreased by $28.5  million  (128.7%) to a loss of $6.3 million for the
nine months ended June 30, 2009. This is a function of the previous categories.

     Interest  Income.  Interest  income  decreased by $57,000  (140.9%) for the
three months ended June 30, 2009 and decreased by $305,000  (90.2%) for the nine
months  ended  June  30,  2009.  As a  result  of  decreased  revenues  and cash
collections,  the Company used a larger portion of its cash reserves  during the
nine month period causing interest income to decrease.

     Interest Expense Interest Expense increased by $12,000 (3.2%) for the three
months ended June 30, 2009 and  increased by $20,000  (1.6%) for the nine months
ended June 30, 2009.  Interest expense increased as result of the Company having
to make draws on their line of credit.

     Other  Income(Expenses).  Other expenses  increased by $32,000 (354.2%) for
the three  months  ended June 30, 2009 and other  income  decreased  by $755,000
(164.4%) for the nine months ended June 30, 2009.  This quarters  increase was a
primarily  the result of a tax  penalty.  The overall  nine month  decrease  was
driven by the  reduction  of rental of  equipment  to  outside  parties  and tax
penalties incurred during the second quarter of 2009.

     Net  Income(Loss).  Net Income  decreased by $2.1 million  (77.9%) to a net
profit of $588,000 for the three  months ended June 30, 2009.  The company had a
net loss of $4.5 million for the nine months ended June 30, 2009.  The decreases
occurred due to the various  changes as previously  discussed,  principally  the
large decline in gross profit to a net loss on contracts.

2008 Historical Operating Results

     Energy Services of America Corporation (Standalone)

     The company was a blank check company for the nine month period ending June
30, 2008 and had no operations. Net income for the Company for the quarter ended
June 30, 2008 was  $178,109,  which  consisted  of interest  from the trust fund
totaling  $329,609  offset by $151,500 of expenses,  $27,295 of which related to
formation and operating  cost,  $11,205  relating to Delaware  franchise tax and
income taxes of $113,000. Net income for the nine months ended June 30, 2008 was
$717,619,  which  consisted of interest from the trust fund totaling  $1,412,193
offset by  $694,574 of  expenses,  $193,080 of which  related to  formation  and
operating cost,  $10,879 of which related to due diligence  expenses relating to
potential  acquisitions,  $33,615 relating to Delaware  franchise tax and income
taxes of $457,000.
                                       19
<PAGE>


 S.T. Pipeline

Net  income for the three  months  ended June 30,  2008 was $2.3  million  which
consisted of contract  revenues of $15.4 million and $12,000 of interest  income
offset  by  $12.5  million  of  cost  of  revenues,   $342,000  of  general  and
administrative  expenses,  $40,000 of interest  expense,  and  $238,000 of other
expenses.  Net income for the nine months ended June 30, 2008 was $17.7  million
which  consisted  of  contract  revenues of $64.4  million,  $42,000 of interest
income and $148,000 of other income offset by $45.4 million of cost of revenues,
$1.3  million of general and  administrative  expenses  and $171,000 of interest
expense.


  C.J. Hughes Construction Inc.

Net  income for the three  months  ended June 30,  2008 was $3.0  million  which
consisted of contract  revenues of $38.9 million and $41,000 of interest  income
offset  by  $34.8  million  of  cost  of  revenues,   $740,000  of  selling  and
administrative  expenses,   $284,000  of  interest  expense,  $21,000  of  other
expenses,  $50,000 of expenses  attributable to variable  interest  entity,  and
$25,000 of income taxes.  Contract  revenue for this period was  generated  from
several  contracts,  none exceeding 10% of the total revenue for the period. Net
income for the nine months ended June 30, 2008 was $5.2 million which  consisted
of contract revenues of $85.5 million,  $81,000 of interest income,  and $62,000
of other income  offset by $76.0  million of cost of  revenues,  $3.3 million of
general and  administrative  expenses,  $906,000 of interest expense,  16,000 of
expenses attributable to variable interest entity, and $102,000 of income taxes.
Contract  revenues  for the nine months ended June 30, 2008 was  generated  from
several smaller projects, none exceeding 10% of total revenue for the period.

The above historical results are included in the pro forma financial  statements
discussed earlier.


Comparison of Financial Condition


     The Company had total assets at June 30, 2009 of $96.6 million,  a decrease
from $133.7 million at September 30, 2008. Some of the primary components of the
balance  sheet were accounts  receivable  which totaled $12.9 million a decrease
from  $38.6  million  at  September  30,  2008.  This  reduction  reflected  the
collection of accounts  receivable on the large contracts completed in the prior
year and by the economic downturn  experienced  during the nine month period. As
economic  conditions  improve we are  bidding on several  significant  projects.
Other major  categories of assets at June 30, 2009 included cash of $4.0 million
and fixed assets less  accumulated  depreciation  of $30.3 million.  Liabilities
totaled $40.8 million, a decrease from $73.4 million at September 30, 2008. This
decrease was primarily due to reductions in accounts payable and debt which were
paid down with the collections on accounts receivable.


     Stockholders' Equity.  Stockholders' equity decreased from $60.3 million at
September 30, 2008 to $55.8  million at June 30, 2009.  This decrease was due to
the net loss of $4.5 million for the nine months  ended June 30,  2009.  We have
not paid any dividends on our common stock.

                                       20
<PAGE>

Liquidity and Capital Resources

Cash Requirements

We anticipate that our cash and cash  equivalents on hand at June 30, 2009 which
totaled $4 million  along with our  credit  facilities  available  to us and our
anticipated  future cash flows from operations  will provide  sufficient cash to
meet our operating needs.  However,  with the anticipated future energy shortage
nationwide  and the increased  demand for our  services,  we could be faced with
needing  significant  additional  working capital.  Also, current general credit
tightening  resulting from the general  banking and other  economic  contraction
that has occurred in the second half of 2008, has impaired the  availability  of
credit  facilities  for future  operational  needs.  A prolonged  restriction in
borrowing capacity may limit the growth of the Company.


Sources and uses of Cash

     The net loss for the nine months ended June 30, 2009 was $4.5 million.  The
depreciation expense was $4.4 million.  Contracts and other receivables provided
$27.5 million while accounts  payable,  accrued  expenses,  and prepaid expenses
consumed  $13.2  million.  Net cash  provided by operating  activities  was $9.9
million.  Financing  activities consumed $18.6 million. The lines of credit were
reduced by $4.4 million and long term debt was reduced by $13.5  million  during
this period.

     As of June 30,  2009,  we had $4 million in cash,  working  capital of $8.8
million and long term debt, net of current maturities of $18.8 million.

Loan Covenants

     Two of the Company's subsidiaries have lines of credit with regional banks.
The  interest  rate of these lines range from prime plus 1/2 % to prime plus 1%.
The following are the major restrictive covenants on those lines:

C.J. Hughes Construction Inc. and Nitro Electric Company

     1.   Interest  payments on the $6 million loan from shareholder may be made
          by the  Borrower,  but  principal  payments  may be made only with the
          Bank's permission.

     2.   The Company may not sell, transfer, lease, pledge, mortgage, encumber,
          convey, or assign any of Borrower's assets, other than in the ordinary
          course of business, without Bank's prior written consent.

     3.   A "Borrowing Base" consisting of 80% of accounts receivable of 90 days
          or less will be used to authorize draws on the line.

     4.   No additional debt without permission of the Bank.

     5.   Maintain  working  capital in excess of $100,000.  Working capital for
          these companies was $9,431,187 at June 30, 2009.

     6.   Current ratio must be in excess of 1.00 to 1.00.  The current ratio at
          June 30, 2009 was 1.66 to 1.00.

     7.   Maintain  a minimum  tangible  net  worth of not less  than  $350,000.
          Tangible net worth was $2,746,579 at June 30, 2009.
                                       21
<PAGE>




Non  compliance  with the  covenants of these  agreements  can cause an Event of
Default. If an Event of Default were to occur all commitments and obligations of
Lender under these  agreements  immediately  will terminate and, at the Lender's
option,  all indebtedness  immediately will become due and payable,  all without
notice of any kind to the Borrower.

Management  believes  that under  current  conditions  and with the  anticipated
establishment  of a larger  line of  credit,  cash  flows  should  be  adequate.
However,  if the line of  credit  does not get  established  or if the work load
changes  dramatically,  the Company could experience some cash challenges.  As a
hedge  against  such  an  occurrence,   the  Company  is  aggressively  pursuing
collections  of past due accounts as well as offering  cash  discounts for early
payments  in an  effort  to  improve  its cash  position.  The  Company  is also
negotiating  reductions  in retainage  withheld on lump sum projects  which will
improve cash flow as well.

In order to further  ensure  adequate cash is available to meet our debt service
requirements as well as our operating capital needs Management is in discussions
currently with certain banks and other financing groups to restructure our debt.


Off-Balance Sheet transactions

     Due to the nature of our industry,  we often enter into certain off-balance
sheet  arrangements  in the ordinary course of business that result in risks not
directly reflected in our balance sheets.  Though for the most part not material
in nature, some of these are:


Leases

     Our work often  requires  us to lease  various  facilities,  equipment  and
vehicles.  These  leases  usually  are short term in  nature,  one year or less,
though  when  warranted  we may  enter  into  longer  term  leases.  By  leasing
equipment,  vehicles and  facilities,  we are able to reduce our capital  outlay
requirements  for equipment  vehicles and  facilities  that we may only need for
short periods of time.  The Company  currently  rents two parcels of real estate
from stockholders-directors of the company under long-term lease agreements. The
first  agreement calls for monthly rental payments of $5,000 and extends through
January 1, 2012. The second agreement is for the Company's  headquarter  offices
and is rented from a  corporation  in which two of the  Company's  directors are
shareholders.  The second agreement began November 1, 2008 and runs through 2011
with options to renew.  This second  agreement  provides for a monthly rental of
$7,500.

Letters of Credit

     Certain  customers  or  vendors  may  require  letters  of credit to secure
payments  that the  vendors  are making on our behalf or to secure  payments  to
subcontractors,  vendors,  etc. on various customer projects.  At June 30, 2009,
the  Company  was  contingently  liable on an  irrevocable  Letter of Credit for
$950,000 to  guarantee  payments  of  insurance  premiums  to the group  captive
insurance  company  through  which the Company  obtains  its  general  liability
insurance.
                                       22
<PAGE>

Performance Bonds

     Some customers,  particularly new ones, or governmental agencies require us
to post bid bonds, performance bonds and payment bonds. These bonds are obtained
through  insurance  carriers and  guarantee to the customer that we will perform
under the terms of a contract and that we will pay  subcontractors  and vendors.
If we fail to perform under a contract or to pay subcontractors and vendors, the
customer may demand that the insurer make payments or provide services under the
bond.  We must  reimburse the insurer for any expenses or outlays it is required
to make. Depending upon the size and conditions of a particular contract, we may
be  required  to post  letters  of  credit or other  collateral  in favor of the
insurer.  Posting of these  letters  or other  collateral  reduce our  borrowing
capabilities.  Historically,  the  Company  has never  had a payment  made by an
insurer  under these  circumstances  and does not  anticipate  any claims in the
foreseeable  future.  At June 30, 2009,  we had $43.4 million in bonds issued by
the insurer outstanding.

Concentration of Credit Risk

     In the ordinary  course of business the company  grants credit under normal
payment terms,  generally without  collateral,  to our customers,  which include
natural gas and oil companies,  general contractors,  and various commercial and
industrial  customers  located  within the United States.  Consequently,  we are
subject to potential  credit risk related to business and economic  factors that
would affect these companies.  However, we generally have certain statutory lien
rights with respect to services  provided.  Under certain  circumstances such as
foreclosure,  we may take  title  to the  underlying  assets  in lieu of cash in
settlement  of  receivables.  The Company had two  customers  that  exceeded ten
percent of revenues for the nine months  ended June 30,  2009.  At June 30, 2009
those companies were Spectra Texas Eastern and Markwest, which accounted for 33%
of revenues.

Litigation

     The  Company is a party from time to time to various  lawsuits,  claims and
other legal  proceedings  that arise in the ordinary  course of business.  These
actions typically seek, among other things,  compensation for alleged personally
injury,  breach of contract and/or property  damages,  punitive  damages,  civil
penalties or other losses, or injunctive or declaratory  relief. With respect to
all such  lawsuits,  claims,  and  proceedings,  we record  reserves  when it is
probable  that a  liability  has been  incurred  and the  amount  of loss can be
reasonably  estimated.  We  do  not  believe  that  any  of  these  proceedings,
separately or in aggregate,  would be expected to have a material adverse effect
on our financial position, results of operations or cash flows.

Related Party Transactions

     Total  long-term  debt at June 30, 2009 was $25.9 million,  of which,  $9.9
million  was  payable to certain  directors,  officers  and former  owners of an
acquired  company.  The related party debt consist of a $5.8 million note due in
August  2010, a $3 million note payable on August 15 each year at $1 million per
year over the next three years and a $1.1 million note payable as collections of
receivables  that were outstanding at August 15, 2008, which are associated with
the receivables of an acquired subsidiary, are received.

Inflation

     Due to relatively low levels of inflation during the nine months ended June
30, 2008 and 2009, inflation did not have a significant effect on our results.
                                       23
<PAGE>

Critical Accounting Policies

     The  discussion  and  analysis of the  Company's  financial  condition  and
results  of  operations  are  based  on our  pro  forma  consolidated  financial
statements,  which have been prepared in accordance with  accounting  principles
generally  accepted in the United States.  The preparation of these consolidated
financial  statements  requires us to make estimates and assumptions that affect
the reported amounts of assets and liabilities, disclosures of contingent assets
and  liabilities  known  to  exist  at the  date of the  consolidated  financial
statements  and reported  amounts of revenues and expenses  during the reporting
period.  We evaluate our  estimates  on an ongoing  basis,  based on  historical
experience and on various other  assumptions  that are believed to be reasonable
under the circumstances.  There can be no assurance that actual results will not
differ  from those  estimates.  Management  believes  the  following  accounting
policies  affect  our  more  significant  judgments  and  estimates  used in the
preparation of our consolidated financial statements.


     Revenue  Recognition  We  recognize  revenue  for cost plus and unit  price
contracts  when  services are performed or units are  completed.  These jobs are
typically  billed at month end for  revenue  earned.  Revenue  from fixed  price
contracts are recognized under the percentage of completion method,  measured by
the  percentage  of costs  incurred  to date to total  estimated  costs for each
contract.  Such contracts  generally provide that the customer accept completion
of progress to date and compensate us for services rendered,  measured typically
in terms of units  installed,  hours expended or some other measure of progress.
Contract costs  typically  include all direct  material,  labor and  subcontract
costs and those indirect costs related to contract performance, such as indirect
labor,  supplies,  tools,  repairs and  depreciation.  Provisions  for the total
estimated  losses on uncompleted  contracts are made in the period in which such
losses are determined.  Changes in job  performance,  job conditions,  estimated
profitability  and final contract  settlements  may result in revisions to costs
and income and their effects are recognized in the period in which the revisions
are determined.


     Self  Insurance  The  Company  is  insured at one  subsidiary  for  general
liability  insurance  through a captive  insurance  company.  While the  Company
believes  that  this  arrangement  has been  very  beneficial  in  reducing  and
stabilizing  insurance  costs,  the  Company  does have to  maintain a letter of
credit to guarantee  payments of premiums.  Should the Captive experience severe
losses  over an  extended  period,  it could  have a  detrimental  affect on the
Company.

     Current and Non Current  Accounts  Receivable  and  Provision  for Doubtful
Accounts The Company provides an allowance for doubtful accounts when collection
of an  account  is  considered  doubtful.  Inherent  in  the  assessment  of the
allowance for doubtful accounts are certain judgments and estimates relating to,
among others,  our customer's access to capital,  our customer's  willingness or
ability to pay, general economic  conditions and the ongoing  relationship  with
the customer.  While most of our Customers are large well capitalized companies,
should they  experience  material  changes in their  revenues  and cash flows or
incur other  difficulties  and not be able to pay the amounts  owed,  this could
cause reduced cash flows and losses in excess of our current  reserves.  At June
30, 2009, the management  review deemed that the allowance for doubtful accounts
was adequate to cover any anticipated losses.

     Goodwill The  Company's  goodwill  was  acquired in two  separate  purchase
transactions  that were consummated on August 15, 2008. The Company has selected
July 1 for its annual  impairment  testing  date,  which is the first day of our
fourth  quarter.  In accordance with paragraph 28 of FAS 142(R) goodwill will be
tested  for  impairment  between  annual  testing  dates if an event  occurs  or
circumstances  change that would more likely than not reduce the fair value of a
reporting unit below its carrying amount.
                                       24
<PAGE>


The Company believes that the current market price of its stock is caused by the
volatility,   illiquidity   and  instability  in  the  marketplace  and  is  not
necessarily indicative of the fair value of the company. Management had informal
discussions  with  investment  bankers that indicated that the fair value of the
operating  companies  had  probably  not changed  materially  from the  fairness
opinions  obtained in  connection  with the  acquisitions.  After  consideration
management determined that the long term outlook for the Company had not changed
materially   from  the  date  of  the  fair  value  opinions  and  that,   after
consideration  of the change in stock price,  a test of goodwill for  impairment
was not needed.


Outlook

     The  following  statements  are  based  on  current   expectations.   These
statements are forward looking, and actual results may differ materially.

     Recently our  customers  have been  experiencing  reduced  demand for their
products. We expect to see spending from our customers on their transmission and
distribution  systems  increasing  over the next few years as demand  returns to
normalized  levels. The Company's backlog at June 30, 2009 was $49.6 million and
while adding  additional  business projects appears likely, no assurances can be
given that the Company  will be  successful  in bidding on projects  that become
available.

     If the increased demand moves to expected levels in fiscal 2009 and beyond,
we believe that the Company will continue to have  opportunities  to continue to
improve both revenue volumes and the margins  thereon.  However,  if the current
economic conditions persist, growth could be limited.

     If  growth  continues,  we will be  required  to  make  additional  capital
expenditures  for  equipment  to  keep  up  with  that  need.  Currently,  it is
anticipated  that in fiscal 2009,  the Company's  capital  expenditures  will be
between $2.0 million and $4.0 million.  However,  if the customer  demands grow,
this  number  could  be  significantly  higher.   Significantly  higher  capital
expenditure  requirements  could  impair our cash flows and  require  additional
borrowings.


ITEM 3.  Quantitative and Qualitative Disclosures About Market Risk

     We are exposed to market  risks,  primarily  related to  increases  in fuel
prices and adverse changes in interest rates, as discussed below.


     Fuel Prices. Our exposure to market risk for changes in fuel prices relates
     to our  consumption  of fuel and the price we have to pay for it. As prices
     rise,  our  total  fuel  cost  rises.  We do not  feel  that  this  risk is
     significant  due to the fact  that we would  be able to pass a  portion  of
     those increases on to our customers.


     Interest  Rate.  Our  exposure  to market rate risk for changes in interest
     rates relates to our borrowings from banks. Some of our loans have variable
     interest rates.  Accordingly,  as rates rise, our interest cost would rise.
     We do not feel that this risk is significant.
                                       25
<PAGE>


ITEM 4T. Controls and Procedures

Under the supervision and with the  participation  of our management,  including
our Chief  Executive  Officer and Chief  Financial  Officer,  we  evaluated  the
effectiveness  of the  design  and  operation  of our  disclosure  controls  and
procedures  (as defined in Rule 13a-15(e)  under the Securities  Exchange Act of
1934) as of the end of the  period  covered  by this  report.  Based  upon  that
evaluation,  the Chief Executive  Officer and Chief Financial  Officer concluded
that,  as of the end of the  period  covered  by  this  report,  our  disclosure
controls and procedures were effective to ensure that information required to be
disclosed in the reports that Energy  Services of America  Corporation  files or
submits  under the  Securities  Exchange Act of 1934,  is  recorded,  processed,
summarized  and reported,  within the time periods  specified in the SEC's rules
and forms.

There has been no change in Energy  Services of America  Corporation's  internal
control over financial reporting during Energy Services of America Corporation's
third quarter of fiscal year 2009 that has materially affected, or is reasonably
likely to materially affect, Energy Services of America  Corporation's  internal
control over financial reporting.

                                     PART II

                                OTHER INFORMATION



ITEM 1A. Risk Factors

Please see the information  disclosed in the "Risk Factors"  section of our Form
10-K as filed with the Securities and Exchange  Commission on December 29, 2008,
and which is incorporated herein by reference.

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.

     (a) Prior to completing  our public  offering on September 6, 2006, we sold
the following shares of common stock without  registration  under the Securities
Act of 1933, as amended:
<TABLE>
<CAPTION>
<S>                                           <C>                   <C>

            Name                                  Number of Shares         Relationship to Us
-------------------------------------------     --------------------  ----------------------------------------------
Marshall T. Reynolds.......................             537,500        Chairman of the Board, Chief Executive
                                                                       Officer and Director
Jack M. Reynolds...........................             430,000        Director
Edsel R. Burns.............................             537,500        President and Director
Neal W. Scaggs.............................             107,500        Director
Joseph L. Williams.........................             107,500        Director
Douglas Reynolds...........................             430,000        Director (1)
</TABLE>
--------------------------

(1)  Douglas Reynolds is the son of Marshall T. Reynolds and the brother of Jack
     M. Reynolds.

     Such shares were issued in connection with our organization pursuant to the
exemption from  registration  contained in Section 4(2) of the Securities Act as
they were sold to  sophisticated,  wealthy  individuals or entities.  The shares
issued to the  individuals  and entities  above were sold at a purchase price of
approximately $0.01 per share.
                                       26
<PAGE>


     On April 5, 2006, we entered into a warrant  placement  agreement  with our
initial stockholders for the sale of the following warrants without registration
under the Securities Act of 1933, as amended:
<TABLE>
<CAPTION>
<S>                                        <C>    <C>

                                                         Number of
                 Name                                    Warrants                   Relationship to Us
-------------------------------------------------    -----------------        --------------------------------------
Marshall T. Reynolds.............................         2,692,303           Chairman of the Board, Chief Executive
                                                                              Officer and Director
Jack M. Reynolds.................................            76,924           Director
Edsel R. Burns...................................            76,924           President and Director
Neal W. Scaggs...................................            76,924           Director
Joseph L. Williams...............................            76,924           Director
Douglas Reynolds.................................            76,924           Director (1)
</TABLE>

-----------------------

(1)  Douglas Reynolds is the son of Marshall T. Reynolds and the brother of Jack
     M. Reynolds.


The  Company  filed  with  the  Securities  and  Exchange   Commission  (SEC)  a
registration  statement on February 6, 2009 with respect to the common stock and
warrants. As of the date of this report the registration  statement had not been
declared  effective  by the SEC.  On May 6, 2009 the  Company  filed an  amended
registration statement to reflect suggested changes based on the SEC's review of
the documents originally submitted.


     A total of 3,076,923  warrants at a price of $0.65 per warrant,  generating
total gross  proceeds of $2,000,000  were sold  pursuant to the  exemption  from
registration  contained in Section 4(2) of the  Securities Act as they were sold
to  sophisticated,  wealthy  individuals or entities.  Each warrant entitles the
holder to purchase from us one share of our common stock at an exercise price of
$5.00.

     (b) On  September  6,  2006,  we closed  our  initial  public  offering  of
8,600,000  units.  Each unit  consisted of one share of our common stock and two
warrants, each to purchase one share of our common stock at an exercise price of
$5.00 per  share.  The units were sold at an  offering  price of $6.00 per unit,
generating  gross  proceeds of  $51,600,000.  The  managing  underwriter  in the
offering  was Ferris,  Baker Watts,  Incorporated.  The  securities  sold in the
offering were  registered  under the  Securities  Act of 1933 on a  registration
statement on Form S-1 (No.  333-133111).  The Securities and Exchange Commission
declared the registration statement effective on August 30, 2006.

     We paid a total of $4,128,000 in  underwriting  discounts and  commissions,
including $1,032,000 for the underwriters'  non-accountable expense allowance of
2.0 % of the gross  proceeds,  and  approximately  $774,000  for other costs and
expenses related to the offering. After deducting the underwriting discounts and
commissions and the other offering  expenses,  the total net proceeds to us from
the offering that were deposited into a trust fund were  $48,972,000.  On August
15, 2008 the Company  completed the  acquisitions of S.T.  Pipeline ($16 million
cash) and C.J. Hughes  Construction  ($17 million cash) with the remaining funds
in the trust being transferred to the general account of the Company.

     Energy Services of America Corporation did not repurchase any shares of its
common stock during the relevant period.

ITEM 4. Submission of Matters to a vote of Security Holders

No matters were submitted to the security holders for vote this quarter.


ITEM 6. Exhibits

     31.1 Certification of Chief Executive Officer pursuant to Rule 13a-14(a) of
          the Securities  Exchange Act of 1934, as amended,  as adopted pursuant
          to Section 302 of the Sarbanes-Oxley Act of 2002
     31.2 Certification of Chief Financial Officer pursuant to Rule 13a-14(a) of
          the Securities  Exchange Act of 1934, as amended,  as adopted pursuant
          to Section 302 of the Sarbanes-Oxley Act of 2002
     32   Certification of Chief Executive  Officer and Chief Financial  Officer
          pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906
          of the Sarbanes-Oxley Act of 2002
                                       27
<PAGE>

                                   SIGNATURES

     Pursuant to the  requirements of Section 13 of the Securities  Exchange Act
of 1934,  the  Company has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.


                                    ENERGY SERVICES OF AMERICA CORPORATION


Date: August 12, 2009             By: /s/  Marshall T. Reynolds
                                          -------------------------------------
                                          Marshall T. Reynolds
                                          Chairman and Chief Executive Officer
                                          (Principal Executive Officer)



Date: August 12, 2009             By: /s/ Edsel R. Burns
                                          -------------------------------------
                                          Edsel R. Burns
                                          President


Date: August 12,2009              By: /s/ Larry A. Blount
                                          -----------------------------
                                          Larry A. Blount
                                          Chief Financial Officer

                                       28
<PAGE>




                                                                    Exhibit 31.1

                    Certification of Chief Executive Officer
            Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

     I, Marshall T. Reynolds, certify that:


1.   I have reviewed this  Quarterly  Report on Form 10-Q of Energy  Services of
     America Corporation;

2.   Based on my knowledge, this report does not contain any untrue statement of
     a material  fact or omit to state a  material  fact  necessary  to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of operations and cash flows of
     the registrant as of, and for, the periods presented in this report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules  13a-15(e) and 15d-15(e))  and internal  control over
     financial  reporting  (as  defined  in  Exchange  Act Rules  13a-15(f)  and
     15d-15(f) for the registrant and have:


     a)   designed  such  disclosure  controls  and  procedures  or caused  such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant,  including its consolidated subsidiaries, is made known to
          us by others within those entities,  particularly during the period in
          which this report is being prepared;

     b)   designed such internal  control over  financial  reporting,  or caused
          such internal  control over  financial  reporting to be designed under
          our  supervision,   to  provide  reasonable  assurance  regarding  the
          reliability  of financial  reporting and the  preparation of financial
          statements for external purposes in accordance with generally accepted
          accounting   principals;

     c)   evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of the period covered by this report based on such evaluation;  and

     d)   disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most recent fiscal quarter (the registrant's  fourth fiscal quarter in
          the case of an annual  report)  that has  materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control  over  financial  reporting;  and

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent evaluation of internal control over financial reporting, to
     the registrant's  auditors and the audit committee of registrant's board of
     directors (or persons performing the equivalent functions):


     a)   all significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize and report financial information; and

     b)   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.




August 12, 2009                         /s/ Marshall T. Reynolds
---------------                         ---------------------------------------
Date                                    Marshall T. Reynolds
                                        Chairman and Chief Executive Officer


<PAGE>



                                                                   Exhibit 31.2

                    Certification of Chief Financial Officer
            Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

         I, Larry A. Blount, certify that:


1.   I have reviewed this  Quarterly  Report on Form 10-Q of Energy  Services of
     America Corporation;

2.   Based on my knowledge, this report does not contain any untrue statement of
     a material  fact or omit to state a  material  fact  necessary  to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of operations and cash flows of
     the registrant as of, and for, the periods presented in this report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules  13a-15(e) and 15d-15(e))  and internal  control over
     financial  reporting  (as  defined  in  Exchange  Act Rules  13a-15(f)  and
     15d-15(f) for the registrant and have:


     a)   designed  such  disclosure  controls  and  procedures  or caused  such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant,  including its consolidated subsidiaries, is made known to
          us by others within those entities,  particularly during the period in
          which this report is being prepared;

     b)   designed such internal  control over  financial  reporting,  or caused
          such internal  control over  financial  reporting to be designed under
          our  supervision,   to  provide  reasonable  assurance  regarding  the
          reliability  of financial  reporting and the  preparation of financial
          statements for external purposes in accordance with generally accepted
          accounting principals;

     c)   evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of the period covered by this report based on such evaluation; and

     d)   disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most recent fiscal quarter (the registrant's  fourth fiscal quarter in
          the case of an annual  report)  that has  materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent evaluation of internal control over financial reporting, to
     the registrant's  auditors and the audit committee of registrant's board of
     directors (or persons performing the equivalent functions):


     a)   all significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize and report financial information; and

     b)   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.



August 12, 2009                          /s/  Larry A. Blount
---------------                          ---------------------------------------
Date                                     Larry A. Blount
                                         Chief Financial Officer
<PAGE>

                                                                    Exhibit 32


                            Certification pursuant to
                             18 U.S.C. Section 1350,
                             as adopted pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002


Marshall T. Reynolds,  Chairman and Chief Executive Officer and Larry A. Blount,
Chief  Financial  Officer  of  Energy  Services  of  America   Corporation  (the
"Company")  each certify in their  capacity as officers of the Company that they
have reviewed the  Quarterly  report of the Company on Form 10-Q for the quarter
ended June 30, 2009 and that to the best of their knowledge:

1.   the report fully  complies with the  requirements  of Sections 13(a) of the
     Securities Exchange Act of 1934; and

2.   the information  contained in the report fairly  presents,  in all material
     respects, the financial condition and results of operations of the Company.



August 12, 2009                           /s/  Marshall T. Reynolds
---------------                           --------------------------------------
Date                                      Marshall T. Reynolds
                                          Chairman and Chief Executive Officer


August 12, 2009                           /s/  Larry A. Blount
---------------                           --------------------------------------
Date                                      Larry A. Blount
                                          Chief Financial Officer