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Red Eagle Net Income Increases 39.2 Percent
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A 39.2 percent increase in net income to $304,000, or 2 cents per
share, was reported Tuesday for the second fiscal quarter ended March
31 by Red Eagle Resources Corp. of Oklahoma City.
That compared with a net income of $500,000, or 4 cents per
share, for the same period of 1988. Total revenues for the quarter
rose 12.3 percent to $4.59 million from $4.08 million the previous
year.
The weighted average number of shares outstanding rose 51.88
percent 19,559,000 at March 31 ...
Related newspaper, magazine, and journal articles from HighBeam Research
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Red Eagle Net Income HIts $883,000 for '92
The Journal Record
; By Ronda Fears Journal Record Staff Reporter Net income of $883,000, or 18 cents a share, was reported Wednesday for 1992 by Red Eagle Resources Corp. of Oklahoma City. A net loss of $493,000, or 10 cents a share, was reported for 1991. Revenues totaled $24.4 million, down 17.6 percent from $29.6
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Red Eagle Resources Acquires United Drilling
The Journal Record
; The acquisition of United Drilling Co. has been completed by Red Eagle Resources Corp., the two Oklahoma City firms said Tuesday. Cimarron Operating Co., one of Red Eagle's wholly-owned subsidiaries, will merge with United Drilling to form a stand alone subsidiary devoted exclusively to contract
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Red Eagle Purchase Completed
The Journal Record
; ssica Danker Red Eagle Resources Corp. of Oklahoma City's $34 million acquisition by Fort Worth-based Lomak Petroleum Inc. has been completed, it was announced Wednesday. As a result of the acquisition, Red Eagle becomes a subsidiary of Lomak. However, in time, "we plan to merge the two companies
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LATEST FINANCIAL REPORTS (000 omitted).(includes sales and net income data)(Brief Article)(Illustration)(Statistical Data Included)
The Food Institute Report
; LATEST FINANCIAL REPORTS (000 omitted) Current % Chge. Year Year Ago CAL-MAINE FOODS, INC. (Jackson, MS) 13 Wks. To Sept. 1: Sales $72,400 -4.1% Net Income $(6,100) COSTCO WHOLESALE CORP. (Issaquah, WA) Qtr. To Sept. 2: Sales $10,915,000 4.8% Net Income $190,700 -4.7% Year: Sales $34,137,000 8.0%
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Red Eagle Records Net FLoss of $475,000 for Third Quarter
The Journal Record
; A net loss of $475,000, or 9 cents per share, was reported Tuesday for the third quarter of 1994 by Red Eagle Resources of Oklahoma City. Red Eagle reported net income of $303,000, or 6 cents per share, for the same quarter in 1993. Revenues for the quarter totaled $2.5 million, down 17 percent
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