TEXC Financial Performance - August 2011

08-Sep-2011 TexCom reports positive net income of 3 cents per share in the 6 month period ended June 30, 2011. Revenues from existing operations are tracking for $10.3 Million in 2011. TexCom’s new Eagle Ford shale site should impact revenues by mid Q4 2011.

Recent Highlights

  1. First Half 2011 Earnings $1,560,397 or $ .03 cents per share
  2. New Eagle Ford Shale Site Coming Online in Q4 2011

Growth Drivers

  1. NORM - Civil litigation and regulatory pressure are forcing the E & P industry to deal with a huge stock-pile of NORM.
  2. Shale Drilling—is creating a tremendous waste stream from modern fracing techniques.

To view the TexCOM (TEXC) Profile click on the PDF report below: