Tetra Technologies (TTI) 6.22 $TTI
TETRA Technologies, Inc. To Purchase Series A Convertible Preferred Units From CSI Compressco LP
PR Newswire - Mon Aug 08, 4:22PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
today announced that it has acquired 874,891 Series A Convertible Preferred Units from CSI Compressco LP (the "Partnership" (NASDAQ:CCLP) at a price of $11.43 per unit, for total consideration of $10 million, as part of the Partnership's total offering of $50 million of such units.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Announces Closing Of $50 Million Private Placement Of Series A Convertible Preferred Units
PR Newswire - Mon Aug 08, 4:21PM CDT
CSI Compressco LP (NASDAQ: CCLP) ("CSI Compressco" or the "Partnership" today announced that it has closed a private placement (the "Private Placement" of approximately 4.4 million Series A Convertible Preferred Units (the "Preferred Units" at a cash purchase price of $11.43 per Preferred Unit (the "Issue Price" pursuant to a Series A Preferred Unit Purchase Agreement (the "Purchase Agreement" with the purchasers party thereto (collectively, the "Purchasers". The Preferred Units will pay quarterly distributions in additional Preferred Units equal to an annual rate of 11.00% of the Issue Price, subject to certain adjustments. After seven months, a ratable portion of the Preferred Units will convert into common units monthly over a total of thirty months. The Partnership will also have the option to satisfy a portion of the monthly conversions with cash payments. In addition, the Preferred Units will be convertible into common units, generally on a one-for-one basis, subject to certain adjustments, at the holders' option after May 31, 2017. Within 45 days of the closing date, one of the Purchasers may exercise an option to purchase up to an additional $20 million of Preferred Units on the same terms and conditions.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Announces Second Quarter 2016 Results
PR Newswire - Mon Aug 08, 6:30AM CDT
TETRA Technologies, Inc. (NYSE:TTI) (TETRA or the Company) today announced a consolidated second quarter 2016 net loss per share attributable to TETRA stockholders of $(0.32), which compares to earnings of $0.19 in the second quarter of 2015.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Announces Second Quarter 2016 Results
PR Newswire - Fri Aug 05, 6:30AM CDT
CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced second quarter 2016 consolidated results. Highlights of the second quarter 2016 results include:
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Announces Second Quarter 2016 Results Press Release And Conference Call Schedule
PR Newswire - Tue Aug 02, 11:10AM CDT
TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) expects to release second quarter 2016 results on Monday, August 8, 2016, and will host a conference call at 10:30 a.m. ET on that day to discuss the results. Stuart M. Brightman, President and CEO and Elijio V. Serrano, Senior Vice President and CFO, will host the call, and Joseph Elkhoury, TETRA's Senior Vice President and COO, will be participating. The phone number for the call is 888/347-5303. The conference will also be available by live audio webcast and may be accessed through the Company website at www.tetratec.com. The press release will be available on the Company website prior to the conference call. A replay of the conference will be available at 877/344-7529 conference number 10090242, for one week following the call, and the archived webcast will be available through the Company website for thirty days following the conference.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Tetra Technologies, Inc. Announces Closing Of Public Offering Of Common Stock
PR Newswire - Tue Jun 21, 3:15PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA" announced today that it closed its previously announced public offering of 11,500,000 shares of its common stock, including 1,500,000 shares sold upon full exercise of the underwriters' option to purchase additional shares of common stock, at a price to the public of $5.50 per share.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Names Derek Coffie As Chief Financial Officer
PR Newswire - Mon Jun 20, 4:53PM CDT
CSI Compressco LP (NASDAQ: CCLP) ("CSI Compressco" or the "Partnership" today announced the appointment of Derek C. Coffie as Chief Financial Officer of CSI Compressco. Mr. Coffie will be responsible for managing the Partnership's finance and accounting functions. He will report to Timothy A. Knox, President of CSI Compressco. Mr. Coffie succeeds Elijio V. Serrano, who has served as the Partnership's interim Chief Financial Officer ("CFO" since August 2015. Mr. Serrano, who will continue as Senior Vice President and CFO of TETRA Technologies, Inc. (NYSE:TTI), will work with Mr. Coffie to ensure a smooth transition.
CCLP: 9.67 (+0.15), SCS: 14.89 (+0.12), KEX: 53.31 (+1.41), TTI: 6.22 (+0.16), ITW: 121.12 (+1.48), JCI: 45.45 (+0.41)
TETRA Technologies, Inc. Announces Pricing Of Common Stock Offering
PR Newswire - Thu Jun 16, 7:45AM CDT
TETRA Technologies, Inc. (NYSE: TTI) (the "Company" or "TETRA" announced today that it priced its previously announced underwritten public offering of 10,000,000 shares of its common stock at $5.50 per share. The offering includes a 30-day option for the underwriters to purchase up to an additional 1,500,000 shares of common stock at the same per share price. The offering is expected to close on June 21, 2016, subject to customary conditions.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Provides Update On Amending Debt Covenants
PR Newswire - Wed Jun 15, 4:31PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA" today provided an update regarding the actions it previously disclosed as being undertaken to enhance its balance sheet and amend its debt covenants. The Company has previously indicated that the following actions have been taken:
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Stock Updates on Oil & Gas Equipment & Services - MRC Global, TETRA Technologies, NOW Inc., and Flotek Industries
PR Newswire - Tue Jun 07, 7:25AM CDT
On Monday, June 06, 2016, the NASDAQ Composite ended the trading session at 4,968.71, up 0.53%; the Dow Jones Industrial Average advanced 0.64% to finish at 17,920.33; and the S&P 500 closed at 2,109.41, up 0.49%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: MRC Global Inc. (NYSE: MRC), TETRA Technologies Inc. (NYSE: TTI), NOW Inc. (NYSE: DNOW), and Flotek Industries Inc. (NYSE: FTK). Learn more about these stocks by accessing their free trade alerts at:
DNOW: 20.75 (+0.40), MRC: 14.13 (-0.07), TTI: 6.22 (+0.16), FTK: 15.93 (+0.68)
TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020
PR Newswire - Fri Jun 03, 3:40PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA" today announced the completion of its previously announced cash tender offer (the "Tender Offer" to purchase any and all of its outstanding 5.09% Senior Notes, Series 2010-A, due December 15, 2017 (PPN 88162F B#1) (the "2010-A Notes" and its 5.67% Senior Notes, Series 2010-B, due December 15, 2020 (PPN 88162F C*4) (the "2010-B Notes" and collectively with the 2010-A Notes, the "Notes". The Tender Offer expired immediately after 11:59 p.m., Eastern Time, on Thursday, June 2, 2016 (the "Expiration Time".
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Upgrade Alert for Tetra Technologies (TTI)
Comtex SmarTrend(R) - Thu Jun 02, 3:37AM CDT
Tetra Technologies (NYSE:TTI) was upgraded from Neutral to Outperform at Credit Suisse today. The stock closed yesterday at $5.87 on volume of 1.3 million shares, above average daily volume of 1.2 million. Potential upside of 76.3% exists for Tetra Technologies, based on a current level of $5.87 and analysts' average consensus price target of $10.35. The stock should run into initial resistance at its 50-day moving average (MA) of $6.47 and subsequent resistance at its 200-day MA of $6.74.
TTI: 6.22 (+0.16)
CSI Compressco LP Announces Credit Facility Amendment Providing Enhanced Financial Flexibility
PR Newswire - Wed May 25, 4:02PM CDT
CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced it has completed an amendment to its Credit Agreement with its lenders. The amendment provides additional flexibility for the Partnership under the financial leverage ratio covenant applicable to the revolving credit facility.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 4.00% Senior Notes Due April 29, 2020
PR Newswire - Wed May 25, 3:45PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA" today announced the completion of its previously announced cash tender offer (the "Tender Offer" to purchase any and all of its outstanding 4.00% Senior Notes due April 29, 2020 (PPN 88162F C@2) (the "Notes". The Tender Offer expired immediately after 11:59 p.m., Eastern Time, on Tuesday, May 24, 2016 (the "Expiration Time".
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Extends Expiration Of Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020
PR Newswire - Wed May 18, 4:10PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA" today announced an extension of its previously announced tender offer to purchase any and all of its outstanding 5.09% Senior Notes, Series 2010-A, due December 15, 2017 (PPN 88162F B#1) and its 5.67% Senior Notes, Series 2010-B, due December 15, 2020 (PPN 88162F C*4) (collectively, the "Notes". The tender offer, as so extended, will now expire immediately after 11:59 p.m., Eastern Time, on Thursday, June 2, 2016, unless the Company terminates the tender offer earlier or extends the tender offer further.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Tetra Technologies reports 1Q loss
Automated Insights - Mon May 09, 6:47AM CDT
THE WOODLANDS, Texas (AP) _ Tetra Technologies Inc. (TTI) on Monday reported a loss of $88.3 million in its first quarter.
TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Announces First Quarter 2016 Results
PR Newswire - Mon May 09, 6:30AM CDT
TETRA Technologies, Inc. (NYSE:TTI) today announced first quarter 2016 adjusted loss per share of $(0.24), excluding Maritech and other charges, which compares to $(0.03) per share in the first quarter of 2015, also excluding Maritech and other charges. First quarter 2016 revenue of $169.3 million declined 34.3% from the fourth quarter of 2015 primarily as a result of a 36% reduction in the North American rig count.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Announces First Quarter 2016 Results
PR Newswire - Fri May 06, 6:30AM CDT
CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced first quarter 2016 consolidated results. Adjusted EBITDA for the first quarter of 2016 was $25.4 million, with a net loss of $105.3 million inclusive of $100.2 million of non-cash charges for goodwill impairment and asset impairment. This compares to Adjusted EBITDA and net income of $32.1 million and $1.8 million, respectively, during the first quarter of 2015. Distributable cash flow for the quarter ended March 31, 2016 was $14.2 million (Adjusted EBITDA, distributable cash flow, distribution coverage ratio, and free cash flow are non-GAAP financial measures that are defined and reconciled to the nearest GAAP financial measure on Schedules B and C in this press release).
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Tetra Technologies, Inc. Announces First Quarter 2016 Results Press Release And Conference Call Schedule
PR Newswire - Thu May 05, 6:14PM CDT
TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) expects to release first quarter 2016 results on Monday, May 9, 2016, and will host a conference call at 10:30 a.m. ET on that day to discuss the results. Stuart M. Brightman, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call, and Joseph Elkhoury, TETRA's Senior Vice President and COO, will be participating. The phone number for the call is 888/347-5303. The conference will also be available by live audio webcast and may be accessed through the Company website at www.tetratec.com. The press release will be available on the Company website prior to the conference call. A replay of the conference will be available at 877/344-7529 conference number 10084910, for one week following the call, and the archived webcast will be available through the Company website for thirty days following the conference.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. To Purchase Series A Convertible Preferred Units From CSI Compressco LP
PR Newswire - Mon Aug 08, 4:22PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
today announced that it has acquired 874,891 Series A Convertible Preferred Units from CSI Compressco LP (the "Partnership" (NASDAQ:CCLP) at a price of $11.43 per unit, for total consideration of $10 million, as part of the Partnership's total offering of $50 million of such units. CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Announces Closing Of $50 Million Private Placement Of Series A Convertible Preferred Units
PR Newswire - Mon Aug 08, 4:21PM CDT
CSI Compressco LP (NASDAQ: CCLP) ("CSI Compressco" or the "Partnership"
today announced that it has closed a private placement (the "Private Placement" of approximately 4.4 million Series A Convertible Preferred Units (the "Preferred Units" at a cash purchase price of $11.43 per Preferred Unit (the "Issue Price" pursuant to a Series A Preferred Unit Purchase Agreement (the "Purchase Agreement" with the purchasers party thereto (collectively, the "Purchasers". The Preferred Units will pay quarterly distributions in additional Preferred Units equal to an annual rate of 11.00% of the Issue Price, subject to certain adjustments. After seven months, a ratable portion of the Preferred Units will convert into common units monthly over a total of thirty months. The Partnership will also have the option to satisfy a portion of the monthly conversions with cash payments. In addition, the Preferred Units will be convertible into common units, generally on a one-for-one basis, subject to certain adjustments, at the holders' option after May 31, 2017. Within 45 days of the closing date, one of the Purchasers may exercise an option to purchase up to an additional $20 million of Preferred Units on the same terms and conditions. CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Announces Second Quarter 2016 Results
PR Newswire - Mon Aug 08, 6:30AM CDT
TETRA Technologies, Inc. (NYSE:TTI) (TETRA or the Company) today announced a consolidated second quarter 2016 net loss per share attributable to TETRA stockholders of $(0.32), which compares to earnings of $0.19 in the second quarter of 2015.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Announces Second Quarter 2016 Results
PR Newswire - Fri Aug 05, 6:30AM CDT
CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced second quarter 2016 consolidated results. Highlights of the second quarter 2016 results include:
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Announces Second Quarter 2016 Results Press Release And Conference Call Schedule
PR Newswire - Tue Aug 02, 11:10AM CDT
TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) expects to release second quarter 2016 results on Monday, August 8, 2016, and will host a conference call at 10:30 a.m. ET on that day to discuss the results. Stuart M. Brightman, President and CEO and Elijio V. Serrano, Senior Vice President and CFO, will host the call, and Joseph Elkhoury, TETRA's Senior Vice President and COO, will be participating. The phone number for the call is 888/347-5303. The conference will also be available by live audio webcast and may be accessed through the Company website at www.tetratec.com. The press release will be available on the Company website prior to the conference call. A replay of the conference will be available at 877/344-7529 conference number 10090242, for one week following the call, and the archived webcast will be available through the Company website for thirty days following the conference.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Tetra Technologies, Inc. Announces Closing Of Public Offering Of Common Stock
PR Newswire - Tue Jun 21, 3:15PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
announced today that it closed its previously announced public offering of 11,500,000 shares of its common stock, including 1,500,000 shares sold upon full exercise of the underwriters' option to purchase additional shares of common stock, at a price to the public of $5.50 per share. CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Names Derek Coffie As Chief Financial Officer
PR Newswire - Mon Jun 20, 4:53PM CDT
CSI Compressco LP (NASDAQ: CCLP) ("CSI Compressco" or the "Partnership"
today announced the appointment of Derek C. Coffie as Chief Financial Officer of CSI Compressco. Mr. Coffie will be responsible for managing the Partnership's finance and accounting functions. He will report to Timothy A. Knox, President of CSI Compressco. Mr. Coffie succeeds Elijio V. Serrano, who has served as the Partnership's interim Chief Financial Officer ("CFO" since August 2015. Mr. Serrano, who will continue as Senior Vice President and CFO of TETRA Technologies, Inc. (NYSE:TTI), will work with Mr. Coffie to ensure a smooth transition. CCLP: 9.67 (+0.15), SCS: 14.89 (+0.12), KEX: 53.31 (+1.41), TTI: 6.22 (+0.16), ITW: 121.12 (+1.48), JCI: 45.45 (+0.41)
TETRA Technologies, Inc. Announces Pricing Of Common Stock Offering
PR Newswire - Thu Jun 16, 7:45AM CDT
TETRA Technologies, Inc. (NYSE: TTI) (the "Company" or "TETRA"
announced today that it priced its previously announced underwritten public offering of 10,000,000 shares of its common stock at $5.50 per share. The offering includes a 30-day option for the underwriters to purchase up to an additional 1,500,000 shares of common stock at the same per share price. The offering is expected to close on June 21, 2016, subject to customary conditions. CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Provides Update On Amending Debt Covenants
PR Newswire - Wed Jun 15, 4:31PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
today provided an update regarding the actions it previously disclosed as being undertaken to enhance its balance sheet and amend its debt covenants. The Company has previously indicated that the following actions have been taken: CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Stock Updates on Oil & Gas Equipment & Services - MRC Global, TETRA Technologies, NOW Inc., and Flotek Industries
PR Newswire - Tue Jun 07, 7:25AM CDT
On Monday, June 06, 2016, the NASDAQ Composite ended the trading session at 4,968.71, up 0.53%; the Dow Jones Industrial Average advanced 0.64% to finish at 17,920.33; and the S&P 500 closed at 2,109.41, up 0.49%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: MRC Global Inc. (NYSE: MRC), TETRA Technologies Inc. (NYSE: TTI), NOW Inc. (NYSE: DNOW), and Flotek Industries Inc. (NYSE: FTK). Learn more about these stocks by accessing their free trade alerts at:
DNOW: 20.75 (+0.40), MRC: 14.13 (-0.07), TTI: 6.22 (+0.16), FTK: 15.93 (+0.68)
TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020
PR Newswire - Fri Jun 03, 3:40PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
today announced the completion of its previously announced cash tender offer (the "Tender Offer" to purchase any and all of its outstanding 5.09% Senior Notes, Series 2010-A, due December 15, 2017 (PPN 88162F B#1) (the "2010-A Notes" and its 5.67% Senior Notes, Series 2010-B, due December 15, 2020 (PPN 88162F C*4) (the "2010-B Notes" and collectively with the 2010-A Notes, the "Notes". The Tender Offer expired immediately after 11:59 p.m., Eastern Time, on Thursday, June 2, 2016 (the "Expiration Time". CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Upgrade Alert for Tetra Technologies (TTI)
Comtex SmarTrend(R) - Thu Jun 02, 3:37AM CDT
Tetra Technologies (NYSE:TTI) was upgraded from Neutral to Outperform at Credit Suisse today. The stock closed yesterday at $5.87 on volume of 1.3 million shares, above average daily volume of 1.2 million. Potential upside of 76.3% exists for Tetra Technologies, based on a current level of $5.87 and analysts' average consensus price target of $10.35. The stock should run into initial resistance at its 50-day moving average (MA) of $6.47 and subsequent resistance at its 200-day MA of $6.74.
TTI: 6.22 (+0.16)
CSI Compressco LP Announces Credit Facility Amendment Providing Enhanced Financial Flexibility
PR Newswire - Wed May 25, 4:02PM CDT
CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced it has completed an amendment to its Credit Agreement with its lenders. The amendment provides additional flexibility for the Partnership under the financial leverage ratio covenant applicable to the revolving credit facility.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Completes Its Cash Tender Offer For Any And All Of Its Outstanding 4.00% Senior Notes Due April 29, 2020
PR Newswire - Wed May 25, 3:45PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
today announced the completion of its previously announced cash tender offer (the "Tender Offer" to purchase any and all of its outstanding 4.00% Senior Notes due April 29, 2020 (PPN 88162F C@2) (the "Notes". The Tender Offer expired immediately after 11:59 p.m., Eastern Time, on Tuesday, May 24, 2016 (the "Expiration Time". CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Extends Expiration Of Tender Offer For Any And All Of Its Outstanding 5.09% Senior Notes, Series 2010-A, Due December 15, 2017 And 5.67% Senior Notes, Series 2010-B, Due December 15, 2020
PR Newswire - Wed May 18, 4:10PM CDT
TETRA Technologies, Inc. (NYSE:TTI) (the "Company" or "TETRA"
today announced an extension of its previously announced tender offer to purchase any and all of its outstanding 5.09% Senior Notes, Series 2010-A, due December 15, 2017 (PPN 88162F B#1) and its 5.67% Senior Notes, Series 2010-B, due December 15, 2020 (PPN 88162F C*4) (collectively, the "Notes". The tender offer, as so extended, will now expire immediately after 11:59 p.m., Eastern Time, on Thursday, June 2, 2016, unless the Company terminates the tender offer earlier or extends the tender offer further. CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Tetra Technologies reports 1Q loss
Automated Insights - Mon May 09, 6:47AM CDT
THE WOODLANDS, Texas (AP) _ Tetra Technologies Inc. (TTI) on Monday reported a loss of $88.3 million in its first quarter.
TTI: 6.22 (+0.16)
TETRA Technologies, Inc. Announces First Quarter 2016 Results
PR Newswire - Mon May 09, 6:30AM CDT
TETRA Technologies, Inc. (NYSE:TTI) today announced first quarter 2016 adjusted loss per share of $(0.24), excluding Maritech and other charges, which compares to $(0.03) per share in the first quarter of 2015, also excluding Maritech and other charges. First quarter 2016 revenue of $169.3 million declined 34.3% from the fourth quarter of 2015 primarily as a result of a 36% reduction in the North American rig count.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
CSI Compressco LP Announces First Quarter 2016 Results
PR Newswire - Fri May 06, 6:30AM CDT
CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced first quarter 2016 consolidated results. Adjusted EBITDA for the first quarter of 2016 was $25.4 million, with a net loss of $105.3 million inclusive of $100.2 million of non-cash charges for goodwill impairment and asset impairment. This compares to Adjusted EBITDA and net income of $32.1 million and $1.8 million, respectively, during the first quarter of 2015. Distributable cash flow for the quarter ended March 31, 2016 was $14.2 million (Adjusted EBITDA, distributable cash flow, distribution coverage ratio, and free cash flow are non-GAAP financial measures that are defined and reconciled to the nearest GAAP financial measure on Schedules B and C in this press release).
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
Tetra Technologies, Inc. Announces First Quarter 2016 Results Press Release And Conference Call Schedule
PR Newswire - Thu May 05, 6:14PM CDT
TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) expects to release first quarter 2016 results on Monday, May 9, 2016, and will host a conference call at 10:30 a.m. ET on that day to discuss the results. Stuart M. Brightman, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call, and Joseph Elkhoury, TETRA's Senior Vice President and COO, will be participating. The phone number for the call is 888/347-5303. The conference will also be available by live audio webcast and may be accessed through the Company website at www.tetratec.com. The press release will be available on the Company website prior to the conference call. A replay of the conference will be available at 877/344-7529 conference number 10084910, for one week following the call, and the archived webcast will be available through the Company website for thirty days following the conference.
CCLP: 9.67 (+0.15), TTI: 6.22 (+0.16)
