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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:03 EDTGRHGreenHunter Resources forms new enviornmental solutions unit
GreenHunter Resources announced that it has established a new environmental solutions division in conjunction with its Total Water Management Solutions. Paul Falgoust has been promoted to vice president of this business segment and will work closely with existing management of the Appalachian Division to build out this new business. The company said, "Due to customer demand and the amount of business we have been referring to locally based environmental service companies, we recently made the decision to add this new business segment to our Total Water Management Solutions package of services. We already own most of the equipment necessary to begin providing immediate services without the expenditure of significant new capital. We also have in-house management personnel who have the existing qualifications necessary to initiate this business immediately."
News For GRH From The Last 14 Days
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April 15, 2015
15:38 EDTGRHGreenHunter Resources reports FY14 continuing ops EPS (35c), two estimates (25c)
Reports Q4 revenue $27.12M, three estimates $29.75M. "We're nearing completion of four new SWD wells at our Millis Hunter Facility. We are proceeding ahead with our plans to barge oil-field waste-water along the Ohio waterway and plan to begin development of our first barge receiving terminal this quarter. We are hopeful that this terminal will be complete and in service before year-end with additional water based terminals to follow. Requests for new proposals on our proprietary MAGTank storage division have been steadily increasing. Demand for water disposal services at GreenHunter Resources remains strong. We continue to operate near full capacity as E&P companies understand that water disposal services and fluids management decisions, regardless of commodity prices, are critical to ensure that a producing well is never shut-in," said the company.

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