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Red Eagle Reports Profitable Quarter
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A net income of $88,000, or 2 cents per share, was reported by
Red Eagle Resources Corp. Friday for the third quarter ended
Sept. 30. That compared with a net loss of $85,000, or 2 cents a
share for the same period of 1991.
Revenues for the quarter were down 266 percent to $3.3 million
from $8.8 million in third quarter 1991.
Red Eagle reported net income of $906,000, or 19 cents per
share for the first nine months ended Sept. 30, compared with a
net income of $10,000 and n...
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 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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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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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 INCOME DOWN
The Journal Record
; A 46.8 percent decrease in net income to $50,000 was reported Thursday for the first fiscal quarter ended Dec. 31 by Red Eagle Resources Corp. of Oklahoma City. The net income for the quarter was down from $94,000, or 1 cent per share, in the first quarter of the previous fiscal year. Revenues for
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RED EAGLE REPORTS INCOME FOR QUARTER
The Journal Record
; GD0;AGB;IP1,1.6;MC3;ITS;PS51,66;XP;END; A net income of $749,000 million, or 4 cents per share, was reported Thursday for the third quarter of 1990 by Red Eagle Resources Corp. of Oklahoma City. Red Eagle reported a net loss of $425,000 for the third quarter of 1989. Revenues for the quarter
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Red Eagle Resources Reports 35.7 Percent Drop in Profits
The Journal Record
; A 35.7 percent decrease in net income to $193,000, or 1 cent per share, was reported Thursday for the first quarter of 1991 by Red Eagle Resources Corp. of Oklahoma City. The net income for the quarter was down from $300,000, or 2 cents per share, for the first quarter of 1990. Revenues for the
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RED EAGLE RESOURCES REPORTS 35.7 PERCENT DROP IN PROFITS
The Journal Record
; GD0;AGB;IP1,2.6;MC3;ITS;PS51,66;XP;END; A 35.7 percent decrease in net income to $193,000, or 1 cent per share, was reported Thursday for the first quarter of 1991 by Red Eagle Resources Corp. of Oklahoma City. The net income for the quarter was down from $300,000, or 2 cents per share, for the
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Red Eagle Profits Drop 69.8% to $324,000 for First Quarter
The Journal Record
; A 69.8 percent drop in net income to $324,000, or 7 cents per share, was reported Thursday for the first quarter of 1993 by Red Eagle Resources Corp. of Oklahoma City. Net income for the quarter was down from $1.06 million, or 22 cents per share, for the first quarter of 1992. Net income for the
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RED EAGLE NET INCOME UP 23.5% FOR QUARTER / REVENUES $4.16 MILLION
The Journal Record
; A 23.5 percent increase in net income to $236,000, or 2 cents per share, was reported Wednesday for the third fiscal quarter ended June 30 by Red Eagle Resources Corp. of Oklahoma City. The net income for the quarter was up from $136,000, or 1 cent per share, for the second quarter of 1987.
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