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That would be helpful.
IMO many stw investors have been pealed off on this long downward trend.( I know of a few)
Because of them leaving and a horrible long term chart, stws is now being followed by only a small or at least a smaller group of investors with more shares.
Todays news and its implications will take a while to filter out to the street. Those buying now will be very happy long term.imo
It took a year for the price to come down from 1.00 plus.
We will return and blow through those highs, in time.
You add in Capitan Reef, and 2 or 3 other revenue producing projects (already in their pipeline) and we may get there more quickly than even I expect.
They are in the right sector at the right time and now are reaching important milestones.
Congrats to STW resources and shareholders.
Way undervalued imo.
This permit is a game changer for stw, watch the stock price from this point forward, The trend will be our friend.
It is so hard to say might trade down on news, or we might close above .20.
What it does, is paint a picture of recurring revs,financing and will open the door for many millions of gallons of water a day in the long run.
The company will be able to promote itself as a fast growing water play with a great leader.
The stock price/action imo is screaming they got the permit's.
We shall see.
If so, that is a game changer, and the start of long hard reversal.
Interesting read, the demand is not going away.
http://northdenvernews.com/lester-brown-on-peak-water/
A lot riding on the permit including future financing.
http://www.fortstocktonpioneer.com/community/article_623aa956-8e2a-11e5-9437-f749bc18e27b.html
Did some checking around and phone calling today.
Can anyone guess how many permits Pecos Co has given out to export their water??????????
Wait for it......................
STW is about to be the first, they can clean it up with their tech and make money on it.
This imo will be a huge step and begin to put them on the map.
Peco's county water......
An untapped and very needed resource for many years to come.
Good to see progress and and pursuit of contracts.
Getting permission to sell and transport water in Pecos county
http://www.middlepecosgcd.org/public-notices/
Then click on :
Notice of Public Hearing for STW Water Process &: Tech.
I know the pipeline construction business is really hurting. STW business is in the repair area.
Oil is still flowing either toward or away from the coast. Companies have been cutting back and I am sure are having a hard time. But the infrastructure is 30 to 50 years old and many joints are leaking. This is one area of the gas oil pipeline business that can not be ignored. IMO
I
I agree.
Much Cheaper desal is what STW offers.
Cal aquifers are really hurting.
That CBS link is pretty incredible how little relief El Nino is giving parts of Cal.
I did not know that about this season, just knew aquifers are under strain in many areas of the US and many many more international water issues.
From what I can gather, company leadership has been traveling.
Now lets close some deals, after you get a few more shares.
I don't know about your other company but STW has a lot of irons in the fire.
It is also in a field that is in high demand.
Cal where they have 8 ongoing projects needs a solution, along with New Mexico,Texas and a couple of international locations. You would think that these projects would go at different speeds and no one Gov agency can hold them up. Then there is the pipeline business that is profitable. So my hope is they are successful are several fronts.
Gov involved projects are painfully slow.I strongly agree.
But fundamentals are moving in the correct direction. imo
Contracts will come.
Imo it is turning a corner.
Debt is shrinking, rev's are growing.
It is in far better health than when it was 1.20.
Alan Murphy, I don't believe took the helm to see it go BK.
We should hear about phase 2 of WTWP in Dec and get a definitive idea on the amount and cost/profit.
Believe me,I understand your frustration, but I have been in stocks like these before and sold out only to see the company/stock flourish.
http://www.businesswire.com/news/home/20150818005381/en/STW-Resources-Signs-Additional-%E2%80%9CAlternative-Brackish-Water%E2%80%9D
Any idea on what roll these guys are playing? eric@fischtankpr.com
They do need a IR of some sort.
I believe they will win a number of water contracts, but basic questions need to be answered in order for more people to invest.
imo Their current IR situation is not sufficient or reliable.
I agree with you a CC is needed, or a taped reply to some questions which conix suggested.
I am going to try their media relations contact, maybe they will also function as their IR.
Yes they are, interesting article by Conix about refilling them.
it depends on the size of the contracts, but I believe there are a few in the works, that once completed will send this well past a dollar (WTWP). Most of the in process contracts are not huge but will add up.
I think the selling came from fear and misinformation. May have been some tax loss also.
I have heard Alan Murphy speak. IMO he needs to be heard by the street. They need to hear his plans for the future, the over seas projects, Cal projects, NM projects, Fort Stockton, West Texas Water Project, they need to hear about the tech, over and over again. Alan is very impressive with a great record, but we have not heard from him.
Would also love it if they had a dependable place for shareholders to call and get answers to Q's.
Maybe they are just focusing on growing the business, and reducing debt and over hang.
Yes I think a CC would be very helpful for both the company and its shareholders.
GLTU
I have not seen this firm affiliated with STW resources till now.
It is at the bottom of the last PR.
Media Relations
FischTank PR and Marketing
eric@fischtankpr.com
http://www.fischtankpr.com/
Yes it is very oversold at this point.
Their tech does appear to be cutting edge.
The question is can they fund/close/execute on the many national and some international ongoing water deals.
They have stated funding is not an issue as investors are interested in a getting a piece of a water contract. Makes sense, revs once started will flow from all the projects for many years.
Below is old news.
But looks like handcuffs are about to come off in Cap Reef.
"STW’s pursuit of the Capitan Reef Aquifer water on the Ft. Stockton lease is advancing as rapidly as politics and regulations will allow. Currently, there is a temporary moratorium on the production and sale of Capitan Reef water until the Texas Water Development Board (TWDB) completes a hydrogeological (report of possible water reserves in an aquifer based on a scientific evaluation) report detailing how much water can be produced from the aquifer. The estimated time frame for the moratorium being lifted is by December of 2015 or January 2016."
http://www.businesswire.com/news/home/20150818005381/en/STW-Resources-Signs-Additional-%E2%80%9CAlternative-Brackish-Water%E2%80%9D
Desalination Plants To Double By 2020
Enormous growth opportunities in this market that will reach revenues of $19 billion by 2019, according to Frost & Sullivan
Water scarcity pushes the market to new heights
Innovative membranes will help cutting costs
Eco-friendly solutions will make desalination more interesting in Europe and the Americas
London /PRNewswire/ - Increasing global water scarcity owing to rapid industrialisation and urbanisation has opened up vast avenues for growth in the desalination market. As drought situations intensify, desalination will evolve into a long-term solution rather than a temporary fix. Developing cost-effective and sustainable solutions will enable technology providers to capitalise on this immense potential.
New analysis from Frost & Sullivan, Analysis of Global Desalination Market, finds that the market earned revenues of $11.66 billionin 2015 and estimates this to reach $19.08 billion in 2019. More than 17,000 desalination plants are in operation in 150 countries worldwide, a capacity that is expected to double by 2020.
For complimentary access to more information on this research, please click here.
"Environmentally-conscious countries in Europe and the Americas are hesitant to practice desalination owing to its harsh effects on sea water," noted Frost & Sullivan Environment and Building Technologies Independent Consultant Vandhana Ravi. "Eco-friendly desalination systems that do not use chemicals will be well-received among municipalities in these regions."
While a number of desalination projects are under construction in the United States, India, United Arab Emirates, Saudi Arabia and Mexico, adoption is slow in other drought-struck portions of the globe. The lack of regulatory support in several regions limits uptake.
Moreover, the desalination process is highly expensive and is prone to contamination. Thermal desalination technology uses large amounts of energy and releases significant volumes of highly salty liquid brine back into water bodies, which massively impacts the environment. Brine disposal will remain a prime challenge until a technology upgrade puts this issue to rest.
"Carbon nanotubes, radial deionisation and biomimetic aquaporin membranes are some of the new approaches that will push desalination to become an indispensable element in water management," noted Ravi. "Innovations such as ceramic and polymeric membranes targeted at reducing operating costs will pave the way for the acceptance of desalination as a practical solution to tackle the shortfall in fresh water."
Analysis of Global Desalination Market is part of the Environment & Water Growth Partnership Service program. Frost & Sullivan's related studies include: European Water Utility Services Market, Residential Water Treatment Equipment Market in APAC, Aquatic Game Changer: The Internet of Water in Asia-Pacific--A CEO's 360 Degree Perspective, and Water & Wastewater Treatment Market in the Australian Resources Sector. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
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I don' know the names of their clients, but they had about abut 1.1 million in water revs and the rest of the 4 mill was gas oil pipeline revs plus another 1.6 in accounts receivable ( this Q). I am thinking, with just a little growth they do 16-18 million over the next four Q's in the pipeline business. Water rev's, that is where the big surprise will be. IMO
Whats their profit margin again????
From STW Resources
"Permian basin pipeline infrastructure consists of thousands of miles of steel and poly pipeline already in service that were installed over the past few decades, along with thousands of miles per year of new service pipelines added due to greatly increased production resulting from the use of fracking. Over half of these aging pipelines have countless leaks that cause huge gas losses for midstream companies. Our goal is to provide the best service to mitigate these issues.
STW employs qualified laborers with years of experience in the oil patch, and Supervisor/Sales people with particular oil patch knowledge in the Permian and Delaware Basins of West Texas, Eastern New Mexico, and in the Eagle Ford of South Texas."
Moving Crude Relies on Aging Pipeline System
AUDIODATA
SEPTEMBER 5, 2012 | 6:45 AM
BY DAVE FEHLING
CommentEmail
When Jed Clampett was “shootin’ at some food and up through the ground came a bubblin’ crude,” TV viewers might have thought it was funny. But as it turns out, some of crude oil pipelines in use today in the United States were built about the same time The Beverly Hillbillies hit the air on CBS in 1962. And when the crude comes bubblin’ up from pipelines now? It’s not so funny.
Listen to the story
Reversing the flow of oil through a Texas prairie
Download
“In 2010, several systems that remain in service today already exceeded 50 years in age, with no major plans to retire existing infrastructure based on … age alone,” said a panel of pipeline executives in “Crude Oil Infrastructure“, a report to the National Petroleum Council. The panel warned that while age doesn’t always matter, “integrity issues,” including corrosion and failure of welded seams, “will become more common due to a number of age-related issues.”
Old Pipelines, New Direction
The age issue has come up as the pipeline industry undergoes a major shift in the direction of crude oil piped through Texas. Imported oil once arrived along the Gulf Coast and was then piped northward. Now, with domestic production increasing in states including Texas, Oklahoma, North Dakota and also in Canada, the flow is reversing.
DAVE FEHLING/STATEIMPACT
"Block Valve" station on Seaway Pipeline allows operators to remotely shut off a section of the pipeline if there's a rupture
“We used to send oil to the mid-continent region for refining and distribution and development for product,” says Edward Hirs, an oil and gas economist who teaches at the University of Houston. Now, says Hirs, “They’ve turned these pipelines around and are now sending crude oil south to us.”
One of those “reversed” pipelines that’s approaching middle age runs right past two of the biggest cities in Texas.
“This pipeline is at least three decades old,” said Rita Beving in Dallas, talking about the Seaway Crude Pipeline. The interstate pipeline runs 500 miles from the Gulf Coast at Freeport, Texas to a huge oil depot in Cushing, Oklahoma. Its route skirts Houston’s western suburbs, then dodges Dallas on that city’s east side.
COURTESY RITA BEVING
Rita Beving in Dallas is critical of the Seaway pipeline
“The Seaway line is running near schools, it’s running near residential areas, it is running near major water supplies for the Dallas-Fort Worth area,” Beving tells StateImpact Texas.
Beving, a community organizer with the corporate watchdog group Public Citizen, expresses concerns whether the Seaway pipeline’s 36 years of service means it’s at risk as it handles the “heavy crude” from Canada.
Those are some of the same worries often heard about the Keystone XL Pipeline: that the crude extracted from the tar sands of Canada is more corrosive than other types of crude, raising the risk of leaks. The Keystone XL line would run from Canada to Texas, but unlike the Seaway line, Keystone XL would be brand new.
Leading causes of Texas pipeline spills 2001-2012 according to data from the federal Pipeline and Hazardous Materials Safety Administration/Graphic by Yan Lu
Canadian Crude and Corrosion
While the industry has steadfastly maintained that Canadian crude is no more corrosive than other heavy crude, a major spill in Michigan involving a 43-year old pipeline speaks to the age issue. The Line 6B pipeline owned by Canada’s Enbridge Energy cracked open in the summer of 2010, spilling 840,000 gallons of Canadian crude oil into the Kalamazoo River.
NTSB
Ruptured pipeline spilled crude into Michigan's Kalamazoo River in 2010
Enbridge is also co-owner of the Seaway line (along with Houston’s Enterprise Products).
In a “Notice of Probable Violation” letter to Enbridge, the Pipeline and Hazardous Materials Safety Administration (PHMSA) said the company knew a weld on a seam had shown significant corrosion back in 2004, but did nothing about it as required by law. The seam broke, resulting in the big spill.
PHMSA said that Enbridge was good about doing inspections using a device that goes inside the pipeline but didn’t “integrate (the results) in a fashion that assures pipeline integrity.”
Congress has ordered up a broader investigation by the National Academy of Sciences to determine if Canadian crude poses a unique hazard to pipeline systems. The report to Congress is expected by next July.
In a statement to a Dallas TV station, the Seaway Crude Pipeline company said Canadian crude posed no increased risk, nor did the age of the pipeline. It said pipelines “can remain in service indefinitely” as long as they’re maintained and monitored properly.
Bigger in Texas
An even bigger spill than the one in Michigan occurred in Texas but apparently received little attention. StateImpact Texas came across it in a review of federal data on crude spills.
In January 2008, a pipeline ruptured near Denver City, a town of about 4,000 people in West Texas. According to the data, the rupture spewed some 1.3 million gallons of crude over a 24-hour period apparently before the company, ConocoPhillips, shut it down. The leak was mentioned in a Houston Chronicle article in 2010 that suggested the pipe was possibly 60 years old and that age might have played a role in the “unpublicized accident.”
Leaks of hazardous liquids from pipelines hit a high last year in Texas. Source: U.S. Pipeline and Hazardous Materials Safety Administration/Graphic by Yan Lu
PHMSA spill data tracks all leaks from pipelines including big “trunk” lines like the Seaway line as well as smaller “gathering” lines that run from wells and storage tanks to the trunk lines.
In 2011, that data showed Texas had more “significant” leaks of hazardous liquids including crude than in any year since 2002 (a significant leak would be more than 2,100 gallons of crude).
The state of Texas’s Railroad Commission (RRC) doesn’t regulate interstate pipelines like Seaway but does oversee intrastate lines and is responsible for overseeing clean up of crude pipeline spills. In an email to StateImpact Texas, the RRC media liaison, Ramona Nye, said “most reported spills appear to involve storage tank batteries and not pipelines”.
Texas has by far the most miles of pipeline carrying hazardous liquids in the nation and likewise, the most spills according to PHMSA data.
Regarding WTWP and financing "Provided development and infrastructure financing are in place"
"Not sure exactly what energy construction business STW is involved in, but you have to assume the activity will continue to fall." Wrong
That would be some pretty important info to know.
Pipeline Infrastructure is very out dated for the new higher psi pumps/wells, most of it is 30 years old or more . The joints are leaking in many cases and work is backed up.
DD is pretty important.
Fundamentals is what matters.
STW Resources Holding Corp Releases Third Quarterly Report for 2015, Posts $8.7 Million in Nine Month Revenues Company Reported Third Quarter Revenues of $3.9 MillionMIDLAND, Texas, November 23, 2015, /PRNewswire/ -- STW Resources Holding Corp.(OTC QB: STWS), a provider of high-quality pipeline services, water reclamation and processing management services including water desalination, announced today that its financial results for the six months ended June 30, 2015 have been filed on its Form 10-Q Quarterly Report with the Securities and Exchange Commission (SEC). A detailed Form10-Q is available on the company web site.STWS reported revenues from continuing operations for the nine months endedSeptember 30, 2015, of $8,693,437. While this represents a 2% increase in revenues from the nine months ended September 30, 2014, gross profit during the nine months endedSeptember 30, 2015, increased by $2,264,176, or 349% over the nine months endedSeptember 30, 2014. Our gross profit margin during the nine months ended September30, 2015, increased to 34% as compared to 8% during the nine months ending September30, 2014. This significant improvement in gross profit margin demonstrates the success of initiatives set forth by Company management to increase profitability by reducing cost of revenues, improving operating efficiencies, and shedding less profitable business units.During the three months ended September 30, 2015, revenues from water reclamation and desalination services increased to $1,063,219 from $118,859 during the three months ended June 30, 2015, an increase of 795% over the prior quarterly period. Total revenues for the three months ended September 30, 2015 increased to $3,907,570 from $2,587,460,an increase of $1,320,110, or 51% over the prior quarterly period.During the nine months ended September 30, 2015, the Company discontinued itsoperations of STW Energy LLC and STW Oilfield Construction LLC, realizing losses from discontinued operations of $743,913 and $1,505,616, for the nine months endedSeptember 30, 2015 and 2014, respectively. The discontinuance of these operations enabled the Company to focus its resources on its more profitable STW Pipeline andSTW Water Resources business segments that the Company believes represent high-growth lines of business. The Company’s net loss for the nine months ended September 30, 2015 was $6,637,675as compared to a net loss of $11,641,886 during the nine months ended September 30,2014, a reduction in net loss of $6,004,211, or 43%.The Company’s non-GAAP net loss, which is net loss adjusted for non-cash expenses including stock based compensation, amortization of debt discount, financing costs, and change in derivative liability was $4,319,719 for the nine months ended September 30,2015, as compared to $6,787,018 for the nine months ended June 30, 2014, an improvement of $2,467,299, or 36%.
During the three months ended September 30, 2015, the Company reported revenues of$3,907,570, which represents an increase of $588,287, or 18% growth, over revenues during the three months ended September 30, 2014. Gross profit during the three months ended September 30, 2015, increased by 578,117, or 104% over the three months endedSeptember 30, 2014. The net loss for the three months ended September 30, 2015 was$2,240,933 as compared to a net loss of $5,174,294 during the three months ended September 30, 2014, a reduction in net loss of $2,933,301 or 58%
I don't care if they have volume the day before or after Thanksgiving.
Volume will increase as fundamentals continue to improve and projects and leases are completed.
I am much more interested to see if they execute the WTWP, and the 9 projects in Cal and the 10 to 15 others in Tex along with the Fort Stockton deal.
Solid company imo
Were you able to pick any shares up at your target price?
Solid company.
IMO this will be a pure water play at sometime in the future. I would suspect the pipeline business will continue to grow, it is already profitable. The reason it will continue to grow is that our pipeline Infrastructure is not made to take the psi that is now used. Lots of work to be done.The pipe line division will make a very nice stand alone company. But that is not why I am here. Look at the projected growth in the water industry, then look at he WTWP. Do the math on potential water rev's. No it is not a sure thing, but the company is paying down debt and rapidly growing. What was the percentage growth in water. Here it is 795%. Wow. My guess is this is just the start of great growth in water. Lets say 25% growth over the next 4 Qs, do the math compounded each Q. Thats some pretty nice revs in water alone, a high profit margin business. It will be far greater than 25%. IMO
IMO they will have little problems getting any additional money needed for the H20 business as folks want a piece of this business.
Dilution, maybe a little, (how much did they dilute the past Q?lol) Insiders and board members will not destroy there own investment. Public float still looks very very good.
So you can continue to wait for .02, and wait and wait and.....wait. We will see .20 before eoy imo.
But I am not here for .20.
"OK, I just have to ask
What news do you foresee in the next week or so?"
We could easily hear on something to do with the WTWP in Dec.
If they execute all that is laid out here, not including the other projects mentioned at the bottom of the pr, STWS will be multiple dollars. I am also interested to see/hear about the Cal projects, we don't have any idea what there size is. It seems regulations in this industry slow everything down, but look at the increase in water revs.
GLTU
STW Resources Begins Initial Development of Company’s Newly Acquired Alternative Water Lease Near Imperial, Texas
Company Provides Update on Imperial, Texas (MRK) Lease and Its West Texas Water Project
Business Wire STW Resources Holding Corp
October 13, 2015 11:24 AM
????
MIDLAND, Texas--(BUSINESS WIRE)--
STW Resources Holding Corp (STWS) (“STW” or “the Company”), an integrated provider of water management, including water reclamation and remediation, and oilfield services, announced today that STW Water Process & Technologies, a subsidiary of STW Resources, has begun the development of its newly purchased brackish water lease in the Imperial, Texas area. This recently acquired water source is a key component in STW’s West Texas Water Project. The main purpose of the West Texas Water Project is to access “alternative” (other than fresh water) brackish water sources, process these sources to potable drinking water standards, and supply the fresh water to municipalities and industrial customers in west Texas.
Phase I development for the MRK lease is expected to be completed by year-end. The objectives of this phase are to complete the site excavation, complete a hydrogeological report, acquire production/transportation permits and a long-term signed water purchase agreement. The company has already received an approval from the Texas Commission on Environmental Quality (TCEQ) for the site plans and the technology/processes that STW will be using to treat this water. This week, STW’s Hydrogeologists, LBG Guyton and Associates, will begin the required hydrogeological study of the San Andres Formation to estimate the approximate amount of water reserves. This study is required for the permitting process by the Middle Pecos Groundwater Conservation District. Upon completion of Phase I on the MRK lease, the company is estimating that water sales to industrial customers will begin during the first quarter of 2016.
Provided development and infrastructure financing are in place, Phase II is expected to commence in January. Management has been in discussions and negotiations for the timing and financing terms. Due to the market sector and water infrastructure aspect of this project, the number of investors and their interest is very high. Phase II is estimated to take twelve (12) months and the build-out another fourteen (14) months, starting commercial production operations for the entire West Texas Project in the second quarter of 2018.
The newly purchased MRK lease has artesian brackish water flowing from the San Andres formation, which is approximately 2,500 feet below the surface. According to the Pecos County Water authorities, several of the eight (8) water wells currently flowing have been producing approximately 1-2.5 million gallons per day (GPD) for the last 40+ years. The water produced is brackish and will require processing with STW’s proprietary Hybrid Brackish Reverse Osmosis System prior to sale to customers. The Company’s plan is to supply the alternative processed water from the MRK lease and other leases to the surrounding communities and industrial users. The estimated current water flows are more than 20 million gallons per day (GPD).
"As mentioned before,
NOW would be a good time for Insiders
to step up and BUY some shares
to show their faith and belief in the future of STWS
rather than just a current paycheck!"
I agree, if they can.
I would bet we see news in 3-5 business days, if thats the case than they would not have the green light.
I think we see news now that the Q is out, next week IMO.
I doubt they put anything out this week withThanksgiving.
This thing will skip to .20 to .25 in a heartbeat on any news.
GLTU
STW Resources Holding Corp Releases Third Quarterly Report for 2015, Posts $8.7 Million in Nine Month Revenues Company Reported Third Quarter Revenues of $3.9 MillionMIDLAND, Texas, November 23, 2015, /PRNewswire/ -- STW Resources Holding Corp.(OTC QB: STWS), a provider of high-quality pipeline services, water reclamation and processing management services including water desalination, announced today that its financial results for the six months ended June 30, 2015 have been filed on its Form 10-Q Quarterly Report with the Securities and Exchange Commission (SEC). A detailed Form10-Q is available on the company web site.STWS reported revenues from continuing operations for the nine months endedSeptember 30, 2015, of $8,693,437. While this represents a 2% increase in revenues from the nine months ended September 30, 2014, gross profit during the nine months endedSeptember 30, 2015, increased by $2,264,176, or 349% over the nine months endedSeptember 30, 2014. Our gross profit margin during the nine months ended September30, 2015, increased to 34% as compared to 8% during the nine months ending September30, 2014. This significant improvement in gross profit margin demonstrates the success of initiatives set forth by Company management to increase profitability by reducing cost of revenues, improving operating efficiencies, and shedding less profitable business units.During the three months ended September 30, 2015, revenues from water reclamation and desalination services increased to $1,063,219 from $118,859 during the three months ended June 30, 2015, an increase of 795% over the prior quarterly period. Total revenues for the three months ended September 30, 2015 increased to $3,907,570 from $2,587,460,an increase of $1,320,110, or 51% over the prior quarterly period.During the nine months ended September 30, 2015, the Company discontinued itsoperations of STW Energy LLC and STW Oilfield Construction LLC, realizing losses from discontinued operations of $743,913 and $1,505,616, for the nine months endedSeptember 30, 2015 and 2014, respectively. The discontinuance of these operations enabled the Company to focus its resources on its more profitable STW Pipeline andSTW Water Resources business segments that the Company believes represent high-growth lines of business. The Company’s net loss for the nine months ended September 30, 2015 was $6,637,675as compared to a net loss of $11,641,886 during the nine months ended September 30,2014, a reduction in net loss of $6,004,211, or 43%.The Company’s non-GAAP net loss, which is net loss adjusted for non-cash expenses including stock based compensation, amortization of debt discount, financing costs, and change in derivative liability was $4,319,719 for the nine months ended September 30,2015, as compared to $6,787,018 for the nine months ended June 30, 2014, an improvement of $2,467,299, or 36%.
During the three months ended September 30, 2015, the Company reported revenues of$3,907,570, which represents an increase of $588,287, or 18% growth, over revenues during the three months ended September 30, 2014. Gross profit during the three months ended September 30, 2015, increased by 578,117, or 104% over the three months endedSeptember 30, 2014. The net loss for the three months ended September 30, 2015 was$2,240,933 as compared to a net loss of $5,174,294 during the three months ended September 30, 2014, a reduction in net loss of $2,933,301 or 58%
Could not agree more.
Company turning the corner, with lots of contracts at different stages.
My guess, Alan takes the water company and makes it a separate entity sometime in the next 4 Q's.
A lot has to happen, but he is a water man, not a pipeline specialist. You can see the focus is changing as revs in water beginning to ramp up.
GLTU and all longs
Pretty obvious shares dried up (to a great degree) after the pioneer article. IMO
GLTU
Yes I hear you pretty frustrating.
I have no confidence it will be filed today.
But we do have an idea what the numbers will look like.
They need to get this one done in the next couple of weeks as late filings begets the next late filing.
The company is moving forward on several fronts that we have seen confirmed by 3rd party s.
Pipeline business growing and I'd bet the water business is growing exponentially Q o Q.
Not holding my breath on the Q.
GLTU
GLTU
I think you should still be able to get them below .08, hey its a Friday so you never know.
I would be interested to know what you get em at.
I bought 23k at .06.
My average is still pretty high compared to todays price but I think once we see more water revs I will be just fine.
Predictions are fun to make.
Just got to take them for what there worth
Here is one.
Folks have been panic selling thinking we are headed for BK (maybe because the minutes you posted from the FS City Council meeting). I don't know why as the fundamentals point strongly other wise.
With the third party article indicating STW will be literally making cash out of unusable surface water that is readily available. The selling has slowed. My unsolicited and fwiw prediction is that the tide has turned. If you read the article carefully it shows STW has funding and is ready to get started.
Panic selling, will eventually become panic buying.
Shares are drying up.
Will not take a tpn of volume to have a 3x from here,.
Fundamentals will rule.