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Trecora Resources (TREC) to Be Acquired by an Affiliate of Balmoral Funds for $9.81 Per Share

Trecora Resources (TREC) to Be Acquired by an Affiliate of Balmoral Funds for $9.81 Per Share
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Trecora Resources Announces Upcoming Financial Conference Schedule


Trecora Resources Announces Upcoming Financial Conference Schedule
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SUGAR LAND, Texas, May 17, 2021 /PRNewswire/  Trecora Resources (NYSE: TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announced its upcoming conference schedule: 
G. research Microcap Symposium
Date and Time: Tuesday, May 18, 2021 from 12:00 p.m. - 12:30 p.m. ET (9:00 a.m. - 9:30 a.m. PT)
Pat Quarles, President & CEO, and Sami Ahmad, CFO, will be available for one-on-one meetings throughout the day.
Investors interested in scheduling a meeting should contact their G. research representative. 
Sidoti Virtual Microcap Conference
Date and Time: Wednesday, May 19, 2021 from 3:15 p.m. - 3:45 p.m. ET (12:15 p.m. - 12:45 p.m. PT)  ....

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Trecora Resources Announces Fourth Quarter and Full Year 2020 Results


Trecora Resources Announces Fourth Quarter and Full Year 2020 Results
- Full year net income of $31.2 million (which includes the net gain from the sale of AMAK of $26.2 million) compared to net loss of $15.0 million in 2019
- Full year 2020 Adjusted EBITDA from continuing operations of $21.6 million
- Paydown of $37.4 million of debt in 2020; Bank debt of $46.1 million vs. $83.3 million at end of December 2019; Total cash balance of $55.7 million at year-end
- Portfolio of growth projects delivered $4.5 million in EBITDA in 2020
- Launching $20 million share repurchase program
- Conference call at 10:00 am ET, March 9, 2021
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