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Alias Born | 10/23/2010 |
Tuesday, November 16, 2010 7:37:04 PM
Key financial statistics relating to the third quarter of 2010 include:
service revenues, including fuel surcharge revenues, of $38.1 million, a decrease of 5.0% in revenues from the third quarter of 2009;
earnings before interest, taxes, depreciation and amortization (“EBITDA”) of $16.0 million, an increase of approximately 13% from $14.1 million in the third quarter of 2009;
net loss of $2.8 million, or $0.08 per basic and diluted common unit, compared to a net loss of $4.4 million, or $0.12 per basic and diluted common unit, for the third quarter of 2009; and
general and administrative expenses of $3.9 million, a decrease of 45% from $7.1 million in 2009.
This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My track record is real time @TurnKeyOil
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