Glori Energy (GLRI) Reports Q1 Loss of $0.07
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Glori Energy Reports First Quarter 2016 Operating and Financial Results
May 13, 2016 7:00 AM EDTHOUSTON, May 13, 2016 /PRNewswire/ -- Glori Energy Inc. (NASDAQ: GLRI), an energy technology and oil production company focused on enhanced oil recovery using its proprietary AERO® System, today reported financial and operating results for the three months ended March 31, 2016. Â
Stuart Page, Chief Executive Officer of Glori Energy, said, "During the first quarter, we executed a planned cost rationalization in the Coke field, shutting in wells that are not profitable at low oil prices and reducing overall field expenses. As a consequence, production was down sequentially, but the new production... More
