Trecora Resources

Trecora Resources, formerly Arabian American Development Company, was incorporated in the State of Delaware in 1967. The Company’s principal business activities are the manufacturing of various specialty petrochemical products and synthetic waxes and the provision of custom processing services.

The Company also owns a 35% interest in Al Masane Al Kobra Mining Company, a Saudi Arabian closed joint stock mining company which is in commercial production of copper and zinc concentrate and a 55% interest in Pioche Ely Valley Mines, Inc., a Nevada mining corporation which presently does not conduct any substantial business activity but owns undeveloped properties in the United States.

Our specialty petrochemical products segment is conducted through South Hampton Resources, Inc., a Texas corporation and wholly owned subsidiary of Texas Oil & Chemical Co. II, Inc. South Hampton owns and operates a specialty petrochemical facility near Silsbee, Texas which produces high purity hydrocarbons 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, crude oil from the Canadian tar sands, and in the catalyst support industry. Our petrochemical products are typically transported to customers by rail car, tank truck and iso-container. South Hampton owns all of the capital stock of Gulf State Pipe Line Company, Inc., a Texas corporation, which owns and operates pipelines that connect the South Hampton facility to a natural gas line, to South Hampton’s truck and rail loading terminal and to a major petroleum products pipeline owned by an unaffiliated third party.

Our specialty synthetic wax segment is conducted through Trecora Chemical, Inc., a Texas corporation, located in Pasadena, Texas which produces specialty polyethylene and poly alpha olefin waxes and provides custom processing services. The specialty polyethylene waxes are used in markets from paints and inks to adhesives, coatings, and PVC lubricants. The highly specialized synthetic poly alpha olefin waxes are used in applications such as toner in printers and as additives for candles providing rigidity and retention of fragrances. These waxes are sold in solid form as pastilles or, for large adhesive companies, in bulk liquid form.

Company Growth (employees)
Type
Public
HQ
Sugar Land, US
Founded
1967
Size (employees)
310 (est)+5%
Trecora Resources was founded in 1967 and is headquartered in Sugar Land, US

Trecora Resources Office Locations

Trecora Resources has an office in Sugar Land
Sugar Land, US (HQ)
190 1650 Hwy 6

Trecora Resources Data and Metrics

Trecora Resources Financial Metrics

Trecora Resources's revenue was reported to be $55.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

55.5 m

Net income (Q1, 2017)

1.5 m

EBIT (Q1, 2017)

4.2 m

Market capitalization (15-Aug-2017)

306.7 m

Cash (31-Mar-2017)

4 m
Trecora Resources's current market capitalization is $306.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

236.2 m289.6 m242 m212.4 m

Revenue growth, %

23%(16%)(12%)

EBIT

36 m18.7 m

EBIT margin, %

15%9%

Pre tax profit

28.4 m29.9 m

Net Income

19.5 m15.6 m18.6 m19.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

59.4 m66.9 m52.2 m48.9 m57.1 m55.5 m

General and administrative expense

5.5 m5.4 m5.4 m5.5 m4.6 m6.2 m

Operating expense total

5.5 m5.4 m5.4 m5.5 m4.6 m6.2 m

EBIT

9.5 m11.1 m6.1 m5.9 m4.1 m4.2 m

EBIT margin, %

16%17%12%12%7%8%

Interest expense

(570 k)(535 k)(628 k)(607 k)(568 k)(636 k)

Interest income

7 k5 k4 k2 k

Pre tax profit

8.5 m8.5 m10.9 m18.8 m1.4 m2.5 m

Income tax expense

2.1 m3.2 m3.6 m6.7 m659 k1.1 m

Net Income

5 m5.8 m5.8 m12.2 m5.3 m7.2 m19.3 m20 m1.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

7.6 m8.5 m18.6 m8.4 m

Accounts Receivable

22.1 m28.3 m19.5 m22.2 m

Inventories

12.1 m12.8 m15.8 m17.9 m

Current Assets

46.4 m54.9 m66.4 m57.6 m

Goodwill

21.8 m21.8 m21.8 m

Total Assets

143.7 m232.1 m258.8 m292.1 m

Accounts Payable

7.4 m9.5 m8.1 m13.3 m

Total Debt

1.4 m80.5 m82.3 m83.3 m

Current Liabilities

14.3 m24.9 m22.9 m26.7 m

Total Liabilities

127.7 m

Additional Paid-in Capital

46.1 m48.3 m50.7 m53.5 m

Retained Earnings

54.8 m70.4 m89 m108.4 m

Total Equity

103.2 m121.4 m142.4 m164.4 m

Debt to Equity Ratio

0 x0.7 x0.6 x0.5 x

Debt to Assets Ratio

0 x0.3 x0.3 x0.3 x

Financial Leverage

1.4 x1.9 x1.8 x1.8 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

8.7 m14.9 m14.2 m9.3 m7.6 m4 m

Accounts Receivable

22.1 m22.8 m18.8 m17.6 m19.8 m24.2 m

Inventories

15.1 m12.5 m17.3 m20.1 m18.4 m15 m

Current Assets

50.7 m56.3 m60.7 m56.1 m55 m50.9 m

Goodwill

21.8 m21.8 m21.8 m21.8 m21.8 m21.8 m

Total Assets

238.9 m246.8 m262.7 m279.7 m283.2 m295.6 m

Accounts Payable

8.2 m8.3 m7.1 m6.3 m9.2 m13.1 m

Current Liabilities

22.5 m24.7 m20 m20.5 m22.8 m25.8 m

Additional Paid-in Capital

49.6 m50.1 m51.3 m52.2 m52.8 m54.1 m

Retained Earnings

82.6 m87.9 m96.2 m108.3 m109.1 m109.9 m

Total Equity

134.9 m140.7 m150.3 m163 m164.3 m166.5 m

Financial Leverage

1.8 x1.8 x1.7 x1.7 x1.7 x1.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

19.5 m15.6 m18.6 m19.4 m

Depreciation and Amortization

4 m5.7 m725 k9.8 m

Inventories

(2.2 m)

Accounts Payable

1.4 m1.8 m(2.4 m)3.2 m

Cash From Operating Activities

13.2 m23.2 m39.6 m28.5 m

Cash From Investing Activities

(12.7 m)(88.9 m)(31.3 m)(40.5 m)

Long-term Borrowings

(8.5 m)(20.7 m)(13.2 m)(6.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

5 m5.8 m5.8 m12.2 m5.3 m7.2 m19.3 m20 m1.5 m

Depreciation and Amortization

2 m3 m2.2 m4.4 m6.4 m2.4 m4.6 m7.2 m2.6 m

Inventories

(1.5 m)(4.3 m)

Accounts Payable

922 k6.1 m(3 m)(342 k)1.3 m989 k

Cash From Operating Activities

6 m18.3 m9.9 m20.5 m35.2 m5.2 m13.3 m20.1 m8.7 m

Cash From Investing Activities

(3.6 m)(8 m)(23.6 m)

Long-term Borrowings

(6.7 m)(7.1 m)(1.8 m)(3.5 m)(5.3 m)(2.1 m)(4.2 m)(6.3 m)(4.2 m)

Cash From Financing Activities

(3.6 m)(4 m)(1.6 m)(3.5 m)(5.2 m)(2.1 m)(4.2 m)(3.2 m)833 k
USDY, 2017

Revenue/Employee

183.3 k

Financial Leverage

1.8 x

Trecora Resources Market Value History

Traffic Overview of Trecora Resources

Trecora Resources Company Life and Culture

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