Point Roberts, WA - June 7, 2013 (Investorideas.com Newswire) 
Investorideas.com staff: Investorideas.com, an investor research portal specializing in 
investing
 ideas in leading sectors reports on oilfield services /frac water 
treatment stocks and how a small Houston company, HII Technologies, (
OTCQB: HIIT) is beating the odds competing against the big players dominating the sector.
  
    
According to a recent research report from Jeffries, 'Oil Services 
& Equipment-Over-Hauling Frac Water; U.S. Oilfield Water Recycling 
Review”, bigger 
companies
 in the space have the edge. 
  "We believe water recycling in the oil patch should grow 
significantly in the U.S. over the next few years, perhaps with some 
regulatory push. Recycling lowers well-cost vis-à-vis fresh water and 
enables activity in drought-prone regions. That is a boon to all of OFS 
except water haulers, but we think the complexity of fracking with 
recycled water gives the edge in pumping services to 
(NYSE:HAL), (NYSE:BHI) and (NYSE:SLB) over smaller peers. "
  The Houston 
Business
 Journal reported on Jeffries findings on May 23 rd, in an article 
entitled, ' Recycled frac water: Big oilfield service companies have the
 edge', just days after the small Houston-based company reported its 
earnings.
  Clearly the market is large and there is room in the frac water 
treatment sector for the smaller companies to thrive as companies like 
Schlumberger Limited (NYSE: SLB) can't or chose not to do it all.
  In mid-May 2013, HII Technologies, Inc. (
OTCQB: HIIT)
 reported financial results for the first quarter ending March 31. First
 quarter 2013 revenues were $2,609,773, which generated a gross profit 
margin of $532,292. These revenues consisted of AES Water Solutions as 
well as initial revenue contribution from South Texas Power and the AES 
Safety
 Services divisions, which were launched in late December 2012 and 
January 2013 respectively. AES Water Solutions generated revenues of 
$536,371 for the comparable period in 2012. Accordingly, on a pro forma 
basis, this represents revenue growth for AES of more than 380% for the 
first quarter of 2013.
  Brent Mulliniks, President of AES Water Solutions stated, "We 
experienced good growth in the first quarter from both increased demand 
with existing customers and from expanded operations. AES incurred 
additional expenses as it established new areas of operations in the 
Permian Basin and the Cline Shale in West Texas as well as the Eagle 
Ford Shale in South Texas." Mr. Mulliniks continued, "New revenues are 
now being generated as a result of these expenditures."
  "All three divisions, Water, Power and Safety, exceeded their 
revenue targets for the first quarter 2013," said Matthew Flemming, CEO 
of HII Technologies.
  
About HII Technologies, Inc. 
  HII Technologies, Inc. is a Houston, Texas based oilfield services 
company with operations in Texas, Oklahoma, Ohio and West Virginia. The 
Company is positioned to take advantage of the significant anticipated 
growth in horizontal drilling and hydraulic fracturing within the United
 States' active shale and unconventional "tight oil" plays by deploying 
new oilfield related technologies to enhance the value of services to 
its customers. The Company's frac water supply services subsidiary does 
business as AES Water Solutions, its onsite oilfield contract safety 
consultancy does business as AES Safety Services, and its mobile 
oilfield power subsidiary does business as South Texas Power (STP). Read
 more at 
www.HIITinc.com, 
www.AESwatersolutions.com and 
www.oilfield-generators.com.
  
Investors can research more water remediation stocks with Investorideas.com stock directories
  Article source:  Houston Bizjournal article: 
http://www.bizjournals.com/houston/ blog/drilling-down/ 2013/05/ water-recycling-to- benefit-big-service.html
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