Latest Recon Technology (RCON) Headlines
Recon Technology's BHD Division Receives New Authorization to Provide Fracturing Equipment and Services for Sinopec
Marketwire - Tue Mar 11, 6:15AM CDT
Recon Technology, Ltd. (NASDAQ: RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its BHD Petroleum Technology Ltd. division has received a new oil field access Certificate from China's state-owned oil and gas exploration company, Sinopec, authorizing BHD to provide horizontal fracturing equipment and services at Sinopec's Northeast oilfield branch in China's Jilin Province.
Recon Technology Division Renews Preferential Income Tax Rate, Receives Two New Software Copyrights
PR Newswire - Mon Mar 03, 7:30AM CST
BEIJING, March 03, 2014 /PRNewswire --Recon Technology, Ltd. (RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its Nanjing Recon Technology division, which develops automation software products for oilfield exploitation and production, has received a three-year renewal on its government certification as a High-Tech Enterprise. As a result, this division has been awarded a reduction in income tax from 25% to a preferential EIT (Enterprise Income Tax) rate of 15% for the coming three years, commencing in 2014.
5 Stocks Setting Up to Break Out
at The Street - Fri Feb 14, 12:26PM CST
These stocks look poised to break out and trade higher from current levels.
Why Recon Technology (RCON) Hit a One-Year High Today
at The Street - Thu Feb 13, 2:40PM CST
Recon Technology (RCON) hits a one-year high after the Chinese oilfield services provider announced its second-quarter earnings results. Recon reported revenue of $7.6 million, a 0.6% increase year over year. Gross profit rose 17.9% to $2.7 million,...
Recon Technology Reports Second Quarter 2014 Financial Results
PR Newswire - Thu Feb 13, 5:30AM CST
Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its second quarter of fiscal 2014 ended December 31, 2013.
5 Stocks Under $10 Set to Soar
at The Street - Thu Feb 06, 2:15PM CST
These under-$10 stocks look ready to trade higher from current levels.
Recon Announces Entry Into Agreement for $2.6 Million Registered Direct Offering of Ordinary Shares and Warrants
PR Newswire - Mon Nov 25, 7:46AM CST
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that it entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain institutional investors for the sale of 546,500 ordinary shares in a registered direct offering at the price of $4.81 per ordinary share. In addition, warrants to purchase 163,950 ordinary shares in the aggregate will be issued to the investors.
Recon Technology Won Several New Automation Contracts from CNPC Jidong Oilfield and Sinopec Southwest Oilfield
PR Newswire - Wed Nov 20, 6:30AM CST
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently won several new automation system contracts with CNPC Jidong Oilfield and Sinopec Southwest Branch Company. The total value of these new contracts will be approximately RMB7.3 million or USD1.2 million.
Recon Reports Fiscal Year 2014 First Quarter Financial Results
PR Newswire - Thu Nov 14, 5:30AM CST
Recon Technology, Ltd (Nasdaq: RCON), an oilfield services provider that operates primarily in the People's Republic of China (the "Company"), today announced increased revenues and improved operations in its fiscal year 2014 first quarter ended September 30, 2013.
Recon Technology Announces Large Furnace Order from China National Petroleum Company
PR Newswire - Tue Nov 05, 5:30AM CST
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently received several sales orders for specialized oilfield furnaces from China National Petroleum Company's ("CNPC") Jiling Oilfield Company and Huabei Oilfield Company. The total value of these contracts will be approximately RMB11 million or USD1.9 million.
Recon Announces the Successful Completion of Zhongyuan Oilfield Fracturing Service Project
PR Newswire - Wed Oct 23, 5:30AM CDT
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that its fracturing projects in China Petroleum and Chemical Corporation's ("Sinopec") Zhongyuan oilfield have been accepted by the client, marking completion of the project.
Recon Announces Recently Developed Shale Gas Automation System
PR Newswire - Thu Oct 10, 7:59AM CDT
Recon Technology, Ltd. (NASDAQ 'RCON'), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today the successful deployment of a new automation product for extraction of shale using a highly specialized supervisory control and data acquisition system ("SCADA"). This important achievement related to gas field exploitation and production comes on the heels of the introduction of Baker-Hughes fracturing technology to China Petroleum and Chemical Corporation's ("Sinopec") Zhongyuan Oilfield. Based on the unique characteristics of various shale gas strata, the SCADA system was developed by Recon to monitor and control the operation of on-site equipment to optimize automation through the use of an intelligent production process that is expected to provide a powerful new tool for the delivery of a safe and efficient method of a shale based gas field production.
Avalon Announces Recon Technology, Ltd. Investment
GlobeNewswire - Tue Jul 09, 8:01AM CDT
Avalon Oil and Gas, Inc. (Avalon) (OTCBB:AOGN) today announced that Recon Technology, Ltd, (Nasdaq:RCON) ("Recon") a leading Chinese non-state-owned oilfield services provider, has purchased 2,800,000 shares of Avalon's common stock. After this investment, Recon will own 32.22% of Avalon's outstanding shares.
Recon Technology Ltd buys 2.8m shares of Avalon Oil and Gas Inc
M2 - Wed Jul 03, 3:01AM CDT
Chinese oilfield company Recon Technology Ltd (NasdaqCM:RCON) reported on Tuesday the acquisition of 2,800,000 shares of Avalon Oil and Gas Inc (OTCBB:AOGN).
Recon Technology Announces Investment in US Oil Company
PR Newswire - Tue Jul 02, 5:30AM CDT
Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a leading Chinese non-state-owned oilfield services provider, today announced the purchase of 2,800,000 shares of Avalon Oil and Gas, Inc. ("Avalon") (OTCBB: AOGN). After this investment, Recon owns 32.22% of Avalon's outstanding shares.
Market Maker Surveillance Report. CETV, ZLC, MNKD, RCON, SGOC, NOA, Winning Stocks With Lowest Price Friction For Wednesday, May 22nd 2013
M2 - Thu May 23, 3:15AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3732 companies with "abnormal" market making, 1672 companies with positive Friction Factors and 3965 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Central European Media Enterprises Ltd (NASDAQ:CETV), Zale Corp (NYSE:ZLC), Mannkind Corp (NASDAQ:MNKD), Recon Technology Ltd (NASDAQ:RCON), SOLOMON GOLD CORP (NASDAQ:SGOC), North American Energy Partners Inc (NYSE:NOA). To access Friction Factor, Naked Short Data
Recon Technology Reports Third Quarter Fiscal 2013 Financial Results
PR Newswire - Mon May 13, 8:31AM CDT
Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its third quarter of fiscal 2013 ended March 31, 2013.
Recon Technology's BHD Division Receives New Authorization to Provide Fracturing Equipment and Services for Sinopec
Marketwire - Tue Mar 11, 6:15AM CDT
Recon Technology, Ltd. (NASDAQ: RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its BHD Petroleum Technology Ltd. division has received a new oil field access Certificate from China's state-owned oil and gas exploration company, Sinopec, authorizing BHD to provide horizontal fracturing equipment and services at Sinopec's Northeast oilfield branch in China's Jilin Province.
Recon Technology Division Renews Preferential Income Tax Rate, Receives Two New Software Copyrights
PR Newswire - Mon Mar 03, 7:30AM CST
BEIJING, March 03, 2014 /PRNewswire --Recon Technology, Ltd. (RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its Nanjing Recon Technology division, which develops automation software products for oilfield exploitation and production, has received a three-year renewal on its government certification as a High-Tech Enterprise. As a result, this division has been awarded a reduction in income tax from 25% to a preferential EIT (Enterprise Income Tax) rate of 15% for the coming three years, commencing in 2014.
5 Stocks Setting Up to Break Out
at The Street - Fri Feb 14, 12:26PM CST
These stocks look poised to break out and trade higher from current levels.
Why Recon Technology (RCON) Hit a One-Year High Today
at The Street - Thu Feb 13, 2:40PM CST
Recon Technology (RCON) hits a one-year high after the Chinese oilfield services provider announced its second-quarter earnings results. Recon reported revenue of $7.6 million, a 0.6% increase year over year. Gross profit rose 17.9% to $2.7 million,...
Recon Technology Reports Second Quarter 2014 Financial Results
PR Newswire - Thu Feb 13, 5:30AM CST
Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its second quarter of fiscal 2014 ended December 31, 2013.
5 Stocks Under $10 Set to Soar
at The Street - Thu Feb 06, 2:15PM CST
These under-$10 stocks look ready to trade higher from current levels.
Recon Announces Entry Into Agreement for $2.6 Million Registered Direct Offering of Ordinary Shares and Warrants
PR Newswire - Mon Nov 25, 7:46AM CST
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that it entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain institutional investors for the sale of 546,500 ordinary shares in a registered direct offering at the price of $4.81 per ordinary share. In addition, warrants to purchase 163,950 ordinary shares in the aggregate will be issued to the investors.
Recon Technology Won Several New Automation Contracts from CNPC Jidong Oilfield and Sinopec Southwest Oilfield
PR Newswire - Wed Nov 20, 6:30AM CST
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently won several new automation system contracts with CNPC Jidong Oilfield and Sinopec Southwest Branch Company. The total value of these new contracts will be approximately RMB7.3 million or USD1.2 million.
Recon Reports Fiscal Year 2014 First Quarter Financial Results
PR Newswire - Thu Nov 14, 5:30AM CST
Recon Technology, Ltd (Nasdaq: RCON), an oilfield services provider that operates primarily in the People's Republic of China (the "Company"), today announced increased revenues and improved operations in its fiscal year 2014 first quarter ended September 30, 2013.
Recon Technology Announces Large Furnace Order from China National Petroleum Company
PR Newswire - Tue Nov 05, 5:30AM CST
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently received several sales orders for specialized oilfield furnaces from China National Petroleum Company's ("CNPC") Jiling Oilfield Company and Huabei Oilfield Company. The total value of these contracts will be approximately RMB11 million or USD1.9 million.
Recon Announces the Successful Completion of Zhongyuan Oilfield Fracturing Service Project
PR Newswire - Wed Oct 23, 5:30AM CDT
Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that its fracturing projects in China Petroleum and Chemical Corporation's ("Sinopec") Zhongyuan oilfield have been accepted by the client, marking completion of the project.
Recon Announces Recently Developed Shale Gas Automation System
PR Newswire - Thu Oct 10, 7:59AM CDT
Recon Technology, Ltd. (NASDAQ 'RCON'), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today the successful deployment of a new automation product for extraction of shale using a highly specialized supervisory control and data acquisition system ("SCADA"). This important achievement related to gas field exploitation and production comes on the heels of the introduction of Baker-Hughes fracturing technology to China Petroleum and Chemical Corporation's ("Sinopec") Zhongyuan Oilfield. Based on the unique characteristics of various shale gas strata, the SCADA system was developed by Recon to monitor and control the operation of on-site equipment to optimize automation through the use of an intelligent production process that is expected to provide a powerful new tool for the delivery of a safe and efficient method of a shale based gas field production.
Avalon Announces Recon Technology, Ltd. Investment
GlobeNewswire - Tue Jul 09, 8:01AM CDT
Avalon Oil and Gas, Inc. (Avalon) (OTCBB:AOGN) today announced that Recon Technology, Ltd, (Nasdaq:RCON) ("Recon") a leading Chinese non-state-owned oilfield services provider, has purchased 2,800,000 shares of Avalon's common stock. After this investment, Recon will own 32.22% of Avalon's outstanding shares.
Recon Technology Ltd buys 2.8m shares of Avalon Oil and Gas Inc
M2 - Wed Jul 03, 3:01AM CDT
Chinese oilfield company Recon Technology Ltd (NasdaqCM:RCON) reported on Tuesday the acquisition of 2,800,000 shares of Avalon Oil and Gas Inc (OTCBB:AOGN).
Recon Technology Announces Investment in US Oil Company
PR Newswire - Tue Jul 02, 5:30AM CDT
Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a leading Chinese non-state-owned oilfield services provider, today announced the purchase of 2,800,000 shares of Avalon Oil and Gas, Inc. ("Avalon") (OTCBB: AOGN). After this investment, Recon owns 32.22% of Avalon's outstanding shares.
Market Maker Surveillance Report. CETV, ZLC, MNKD, RCON, SGOC, NOA, Winning Stocks With Lowest Price Friction For Wednesday, May 22nd 2013
M2 - Thu May 23, 3:15AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3732 companies with "abnormal" market making, 1672 companies with positive Friction Factors and 3965 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Central European Media Enterprises Ltd (NASDAQ:CETV), Zale Corp (NYSE:ZLC), Mannkind Corp (NASDAQ:MNKD), Recon Technology Ltd (NASDAQ:RCON), SOLOMON GOLD CORP (NASDAQ:SGOC), North American Energy Partners Inc (NYSE:NOA). To access Friction Factor, Naked Short Data
Recon Technology Reports Third Quarter Fiscal 2013 Financial Results
PR Newswire - Mon May 13, 8:31AM CDT
Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its third quarter of fiscal 2013 ended March 31, 2013.
