Rentech, Inc. licenses the Rentach GTL Technology that converts carbon bearing gases, liquids and solids into liquid hydrocarbon products. For the 3 months ended 12/31/04, revenues rose 41% to $2.3M. Net loss increased 17% to $2.3M. Revenues reflect increased demand for the Company's mud logging services and higher technical support services. Higher loss reflects increased debt levels and equity in...
BRIEF: Rentech, Inc. licenses the Rentach GTL Technology that converts carbon bearing gases, liquids and solids into liquid hydrocarbon products. For the 3 months ended 12/31/04, revenues rose 41% to $2.3M. Net loss increased 17% to $2.3M. Revenues reflect increased demand for the Company's mud logging services and higher technical support services. Higher loss reflects increased debt levels and...
This stock is extremely speculative, but is becoming less so every day. Rentech will complete their production facilities sometime next year and meanwhile the congress just voted to give loans to clean coal companies totalling around $10 billion dollars. The US may not have much oil compared to some other countries, but we have LOTS of coal! Turn that coal into deisel or jet fuel (preci...