Insider Trading Review: Trecora Resources $TREC

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Trecora Resources (NYSE:TREC) insider have most recently took part in a trading activity. On Jun 15, 2017 Butcher Pamela R, Director bought 2,750 shares having total worth of $31,103 at the price of $11.31 per share, following the transaction a total of 2,750 shares owned by Butcher Pamela R.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 2 sell activities and 1 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 2 -8.47%
12 Month 1 3 -4.94%

Shares of Trecora Resources (NYSE:TREC) traded down 0.44% on Jun 15, 2017, hitting $11.35. 18,798 shares of the company’s stock traded hands. Trecora Resources has a 52 week low of $8.85 and a 52 week high of $14.75. The company’s market cap is $270 million.

Trecora Resources (NYSE:TREC) last announced its earnings results on May 4, 2017. The company reported 0.08 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.04 by $0.04. The company had revenue of $56 million for the quarter, compared to the consensus estimate of $55 million. During the same quarter in the previous year, the company posted 0.29 earnings per share. The company’s revenue for the quarter was up 6% on a year-over-year basis.

2017-05-04 2017-03-01 2016-11-03 2016-08-04 2016-05-05 2016-03-03 2015-11-03 2015-08-06 2015-04-29 2014-07-31
earnings per share 0.08 0.06 0.08 0.14 0.29 0.05 0.26 0.25 0.23 0.20
Revenue(M) 55.54 54.2 57.14 48.85 52.2 60.55 66.94 59.35 55.14 74.6

Arabian American Development Company was incorporated in the State of Delaware in 1967. The Company’s principal business activity is the manufacturing of various specialty petrochemical products. During 2011 the Company operated in one business segment; the manufacturing of various specialty petrochemical products. Its domestic activities are primarily conducted through a wholly owned subsidiary, Texas Oil and Chemical Co. II, Inc. (the “Petrochemical Company”), which owns all of the capital stock of South Hampton Resources, Inc. (“South Hampton”). South Hampton owns and operates a specialty petrochemical facility near Silsbee, Texas which produces high purity petrochemical solvents and other petroleum based products including isopentane, normal pentane, isohexane and hexane which may be used in the production of polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, and in the catalyst support industry. South Hampton’s specialty petrochemical facility is approximately 30 miles north of Beaumont and 90 miles east of Houston. The facility consists of seven operating units which, while interconnected, make distinct products through differing processes: (i) a Penhex Unit; (ii) a Reformer Unit; (iii) a Cyclo-pentane Unit; (iv) an Aromax Unit; (v) an Aromatics Hydrogenation Unit; (vi) a White Oil Fractionation Unit; and (vii) a Hydrocarbon Processing Demonstration Unit. All of these units are currently in operation. The Penhex Unit has the capacity to process approximately 6,700 barrels per day of fresh feed with the Reforming Unit, the Aromax Unit, and the Cyclo-Pentane Unit further processing streams produced by the Penhex Unit. The Aromatics Hydrogenation Unit has a capacity of approximately 400 barrels per day, and the White Oils Fractionation Unit has a capacity of approximately 3,000 barrels per day. The Hydrocarbon Processing Demonstration Unit has a capacity of approximately 300 gallons per day. The company is subject to extensive environmental regulation pursuant to a variety of federal and state regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.