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THE WOODLANDS, Texas Tetra Technologies Inc. (TTI) on Monday reported a loss of $6.8 million in its second quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 2 cents per share.
The oil and gas services company posted revenue of $102.3 million in the period.
In the final minutes of trading on Monday, the company’s shares hit $3.14. A year ago, they were trading at 67 cents.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTI at https://www.zacks.com/ap/TTI
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THE WOODLANDS, Texas, June 1, 2021 /PRNewswire/ TETRA Technologies, Inc. announced that its senior management will participate at the virtual Cowen Sustainability & Energy Transition. | June 1, 2021
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THE WOODLANDS, Texas, June 1, 2021 /PRNewswire/ TETRA Technologies, Inc. ( TETRA or the Company ) (NYSE:TTI) announced that its senior management will participate in the 2021 RBC Capital Markets Global Energy, Power & Infrastructure Conference on Wednesday, June 9, 2021.
Brady Murphy, President and Chief Executive Officer, and Elijio Serrano, Senior Vice President and Chief Financial Officer, of TETRA are scheduled to present on Wednesday June 9 at 4:00 P.M. Eastern Time (3:00 P.M. Central Time) and will also be hosting one-on-one meetings.
Interested parties can register via the web link below and those that would like to participate in a one-on-one meeting please contact Elijio Serrano (see investor contact below).
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While Standard Lithium Ltd. of Canada examines expanding its reach for brine to filter for lithium extraction in South Arkansas, Murphy Oil Corp. is noting that it also has brine fields near El Dorado, but no active plans to exploit them for supplying the growing lithium ion battery market.
In a news release this week, Standard Lithium of Vancouver, British Columbia, said it was crunching numbers on possible brine leases involving Tetra Technologies in Columbia and Lafayette counties.
A preliminary economic assessment will weigh the possibility of an integrated project including brine wells, pipelines and a lithium extraction plant using proprietary technology it has proven over months at a test plant in El Dorado.