Latest Tejon Ranch Company (TRC) Headlines Tejo
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Tejon Ranch Co. Reports Third Quarter Results of Operations - 2013
Business Wire - Wed Nov 06, 3:15PM CST
Tejon Ranch Co. (NYSE:TRC) today released the results of operations for the nine months ended September 30, 2013, with the Company showing net income attributable to common stockholders of $4,991,000, or $0.25 per common share, compared to net income attributable to common stockholders of $4,414,000, or $0.22 per common share, for the same period in 2012. Revenue from operations for the nine months ended September 30, 2013 was $32,363,000, compared to $33,542,000 of revenue for the same period during 2012. All per share references in this release are presented on a fully diluted basis.
Tejon Ranch Has Returned 14.0% Since SmarTrend Recommendation (TRC)
Comtex SmarTrend(R) - Mon Nov 04, 5:28PM CST
SmarTrend identified an Uptrend for Tejon Ranch (NYSE:TRC) on October 18th, 2013 at $32.25. In approximately 2 weeks, Tejon Ranch has returned 14.00% as of today's recent price of $36.77.
Tejon Ranch Main Footwall
PR Newswire - Mon Aug 12, 1:37PM CDT
NAMG has reached agreement to acquire an additional 18.75% working interest and operatorship in the Tejon Ranch Main Footwall Project ("Tejon Main"). The Company is acquiring the additional interest for cash consideration of $140,000 from existing joint venture partner Solimar Energy LLC. NAMG's interest in the project will go to 40%.
East West Petroleum Increases Interest in California
Marketwire - Mon Aug 12, 7:31AM CDT
East West Petroleum Corp. (TSX VENTURE: EW) (the "Company" or "East West") is pleased to announce that it has increased its position in the southern San Joaquin Basin of California.
Solimar Energy Limited: Sale of Tejon Ranch Interests
Marketwire - Mon Aug 12, 6:31AM CDT
Solimar Energy Limited (TSX VENTURE: SXS)(ASX: SGY) ("Solimar" or "the Company") is pleased to announce the sale of 47.5% of its 57.5% working interest along with operatorship in the leases located in the Tejon Ranch area of the San Joaquin Valley to its partners for a consideration of US$250,000. Under the terms of the agreement Solimar has sold 28.75% of its 57.5% working interest in the leases to Avere Energy Corp. ("Avere") and 18.75% of its 57.5% working interest and operatorship in the leases to North American Oil and Gas ("NAMG"). The resultant working interest division in the leases is Solimar 10%, NAMG 40%, and Avere 50%.
Tejon Ranch Co. Board of Directors Approves Issuance of Warrants via Dividend
Business Wire - Wed Aug 07, 4:27PM CDT
Tejon Ranch Co. ("Tejon" or the "Company") (NYSE:TRC) today announced that its Board of Directors has declared a dividend consisting of approximately 3 million warrants to purchase shares of Tejon Ranch Co. common stock at $40.00 per share (the "Warrants") to be distributed on or about August 28, 2013, to holders of record of Tejon's common stock as of August 21, 2013.
Tejon Ranch Co. Reports Second Quarter Results of Operations - 2013
Business Wire - Mon Aug 05, 7:00PM CDT
Tejon Ranch Co. (NYSE:TRC) today released the results of operations for the six months ended June 30, 2013, with the Company showing net income attributable to common stockholders of $2,699,000, or $0.13 per common share, compared to net income attributable to common stockholders of $393,000, or $0.02 per common share, for the same period in 2012. Revenue from operations for the six months ended June 30, 2013 was $17,235,000, compared to $17,428,000 of revenue for the same period during 2012. All per share references in this release are presented on a fully diluted basis.
Tejon Ranch appoints Gregory S Bielli as new president and CEO
M2 - Wed Jul 31, 3:23AM CDT
Tejon Ranch Co (NYSE:TRC), a diversified real estate development and agribusiness company, on Tuesday named Gregory S Bielli as its new president and chief executive officer (CEO).
Tejon Ranch Names New President and CEO
Business Wire - Tue Jul 30, 3:15PM CDT
Tejon Ranch Co. (NYSE: TRC) announced today that it has hired Gregory S. Bielli to be the Company's new President and CEO. Bielli, who is 53, will replace the Company's long standing CEO, Robert A. Stine when Stine retires at the end of this year. Bielli will join the Company in September and will be the President and Chief Operating Officer until Stine's retirement.
This Metric Says You're Smart to Own Tejon Ranch
Seth Jayson, The Motley Fool - Motley Fool - Fri Jul 05, 12:04AM CDT
There's no foolproof way to know the future for Tejon Ranch ( NYSE: TRC ) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result. A cloudy...
U.S. Fish & Wildlife Service Joins Tejon Ranch Company to Announce Tehachapi Uplands Multiple Species Habitat Conservation Plan
Business Wire - Fri May 10, 3:10PM CDT
U.S. Fish and Wildlife Service Director Dan Ashe joined Tejon Ranch Company (NYSE:TRC) President and CEO Robert A. Stine and representatives from other partner agencies and conservation advocates at the company's headquarters today to formally announce the successful completion and Service approval of a Habitat Conservation Plan that will provide specific protections for 25 species, including the California condor, while permitting limited development and other land use activities on designated ranch lands.
Tejon Ranch President and CEO to Retire
Business Wire - Tue May 07, 6:00PM CDT
Robert A. Stine, President and CEO of Tejon Ranch Company, (NYSE: TRC) announced today that he plans to retire at the end of 2013. He made the announcement at the Company's Annual Shareholders' Meeting. Mr. Stine, whose 17 years at the helm of Tejon Ranch makes him the longest-tenured CEO in the Company's history, will continue to serve on its Board of Directors.
Tejon Ranch Co. Reports First Quarter Results of Operations - 2013
Business Wire - Wed May 01, 4:52PM CDT
Tejon Ranch Co. (NYSE:TRC) today released the results of operations for the three months ended March 31, 2013, with the Company showing net income attributable to common stockholders of $615,000, or $0.03 per common share, compared to net income attributable to common stockholders of $275,000, or $0.01 per common share, for the same period in 2012. Revenue from operations for the three months ended March 31, 2013 was $9,760,000, compared to $9,579,000 of revenue for the same period during 2012. All per share references in this release are presented on a fully diluted basis.
Is Tejon Ranch Growing or Slowing?
Seth Jayson, The Motley Fool - Motley Fool - Mon Apr 15, 12:04AM CDT
There's no foolproof way to know the future for Tejon Ranch ( NYSE: TRC ) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result. A cloudy...
Tejon Ranch: Making Bucks More Quickly
Seth Jayson, The Motley Fool - Motley Fool - Mon Mar 25, 12:00AM CDT
It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?" When judging a company's prospects, how quickly it turns cash outflows into cash...
Tejon Ranch Co. Reports 2012 Results of Operations
Business Wire - Fri Mar 08, 8:15AM CST
Tejon Ranch Co. (NYSE:TRC) today released the results of operations for the year ended December 31, 2012, with the Company showing net income attributable to common stockholders of $4,441,000, or $0.22 per common share, compared to net income attributable to common stockholders of $15,894,000, or $0.80 per common share, for the same period in 2011. Revenue from operations for the year ended December 31, 2012 was $47,089,000, compared to $63,098,000 of revenue for the same period during 2011. The change between the two years is primarily due to the one time sale of conservation easements in 2011 for $15,750,000. All per share references in this release are presented on a fully diluted basis.
What Tejon Ranch's Earnings Headlines Didn't Tell You
Seth Jayson, The Motley Fool - Motley Fool - Thu Jan 10, 8:00AM CST
It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?" When judging a company's prospects, how quickly it turns cash outflows into cash...