Trecora Resources (NYSE:TREC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition
Trecora Resources (NYSE:TREC) Files An 8-K Results of Operations and Financial Condition
The Company’s press release dated August 5, 2019, regarding its financial results for the quarter ended June 30, 2019, including consolidated financial statements for the quarter ended June 30, 2019, is Exhibit 99.1 of this Form 8-K.
The information in this Item 2.02, including the corresponding Exhibit 99.1, is being furnished with the Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934.
Item 7.01. Regulation FD Disclosure.
The slides for the Company’s second quarter 2019 earnings presentation on August 6, 2019, are Exhibit 99.2 to this Form 8-K.
The information in this Item 7.01, including the corresponding Exhibit 99.2, is being furnished with the Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
TRECORA RESOURCES Exhibit
EX-99.1 2 trec2q19er-final.htm EXHIBIT 99.1 Exhibit Trecora Resources Reports Second Quarter 2019 Results•Second quarter net income of $2.4 million compared to net income of $1.8 million in first quarter 2019 and net income of $2.2 million in second quarter 2018•Reliability and cost control drove second quarter Adjusted EBITDA of $9.2 million compared to $8.4 million in first quarter 2019 and $6.2 million in second quarter 2018 (a 49% increase versus second quarter 2018)•Prime Products sales volume of 17.7 million gallons in second quarter 2019 versus 16.1 million gallons in second quarter 2018•Reduced debt by $5.1 million in the second quarter and an additional $4 million in July 2019•AMAK second quarter net loss of $1.3 million and EBITDA of $7.3 million •Conference call at 10:00 am ET Tomorrow,…
To view the full exhibit click
EX-99.1 2 trec2q19er-final.htm EXHIBIT 99.1 Exhibit Trecora Resources Reports Second Quarter 2019 Results•Second quarter net income of $2.4 million compared to net income of $1.8 million in first quarter 2019 and net income of $2.2 million in second quarter 2018•Reliability and cost control drove second quarter Adjusted EBITDA of $9.2 million compared to $8.4 million in first quarter 2019 and $6.2 million in second quarter 2018 (a 49% increase versus second quarter 2018)•Prime Products sales volume of 17.7 million gallons in second quarter 2019 versus 16.1 million gallons in second quarter 2018•Reduced debt by $5.1 million in the second quarter and an additional $4 million in July 2019•AMAK second quarter net loss of $1.3 million and EBITDA of $7.3 million •Conference call at 10:00 am ET Tomorrow,…
To view the full exhibit click
here
About Trecora Resources (NYSE:TREC)
Trecora Resources, formerly Arabian American Development Company, is engaged in manufacturing of specialty petrochemical products and synthetic waxes, and providing custom processing services. The Company operates through two segments: manufacturing of various specialty petrochemical products and manufacturing of specialty synthetic waxes. The specialty petrochemical products segment operates through South Hampton Resources, Inc. (SHR). The specialty synthetic wax segment operates through Trecora Chemical, Inc. (TC). SHR owns and operates a specialty petrochemical facility that produces hydrocarbons and other petroleum-based products, including isopentane, normal pentane, isohexane and hexane. TC produces specialty polyethylene and poly alpha olefin waxes, and provides custom processing services. TC provides custom manufacturing, distillation, blending, forming, and packaging of finished and intermediate products, and wax products for coatings, hot melt adhesives and lubricants.