Results for Nine Months Ended September 30, 2018

26-Oct-2018

OKLAHOMA CITY, OK - October 25, 2018 -Texcom, Inc. (the "Company" or "Texcom"), an environmental services company serving the oil and gas industry, today announced financial results for the first nine months of 2018. Results for the first nine months of 2018 were as follows:

  • Revenues totaled $1,234,000.
  • Operating loss was $216,000.
  • Interest expense was $406,000.
  • EBITDA was $234,000.
  • Net loss was $587,000.
  • Loss per share was 5.09 cents.
  • Total liabilities were $8.7 million on March 31, 2018.
  • Total equity was negative $8. 7 million at September 30, 2018.


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About Texcom, Inc. 

Texcom, headquartered in Oklahoma City, Oklahoma, is an environmental services company with a primary focus on the disposal of nonhazardous wastes generated by the oil & gas industry.