MCCRF McCoy Corp featured news, full reports, and detailed charts
McCoy Corp (MCCRF/MCCRF.PK) Wrap Up:
McCoy Corporation provides services and equipment for the oil and gas sector. The company operates in three segments: Energy Products and Services, Trailer Manufacturing, and Truck and Trailer Products and Services. The Energy Products and Services segment manufactures tubular make-up power tongs, which are used on drill rigs to tread sections of drill and casing pipe; vacuum tanks and hydrovac systems; dies and inserts for oilfield tools; and wear-reducing coatings for drilling tools and oil sands equipment. It also engages in the repair of hydraulic cylinders for mining shovels and haul trucks; and offers vacuum tanks and hydrovac systems for oil and gas, oil sands, liquid waste disposal, and other industrial applications. The Trailer Manufacturing segment manufactures custom heavy duty trailers for the oil and gas, forestry, construction, infrastructure, and transportation markets with customers in western Canada and the United States; lowbeds, custom oilfield trailers, and chassis; and infrastructure, wind energy, logging, oilfield, and specialty trailers. The Truck and Trailer Products and Services segment engages in heavy duty truck and trailer repairs, maintenance, parts distribution, and sales for various customers in Alberta and British Columbia. It also operates service centers; engages in the truck dealership that offers new and used trucks; and provides truck and trailer service, and heavy-duty truck and trailer parts. The company was founded in 1914 and is based in Edmonton, Canada.McCoy Corp (MCCRF:Pink OTC Markets Inc)
Snapshot of McCoy Corp (MCCRF)
|
OPEN
--
|
PREVIOUS CLOSE
$1.22
|
|
|
DAY HIGH
--
|
DAY LOW
--
|
|
|
52 WEEK HIGH
01/6/09 - $1.44
|
52 WEEK LOW
03/26/09 - $0.65
|
|
|
MARKET CAP
32.3M
|
AVERAGE VOLUME 3 mo
1.5K
|
|
|
DILUTED EPS TTM
--
|
SHARES OUTSTANDING
26.5M
|
|
|
MCCRF Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
MCCRF Top Compensated Officers
Executives, Board Directors
Key developments for McCoy Corp (MCCRF)
McCoy Corp. reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $779,000 or 0.03 per basic and diluted share on revenue of $22,780,000 against net earnings of $1,909,000 or 0.07 per basic and diluted share on revenue of $47,017,000 for the same period a year ago. EBITDAS was $620,000 or 0.02 per share against $4,072,000 or 0.15 per share for the same period a year ago. Cash flow from operating activities was $2,385,000 or 0.09 per share against $5,923,000 or 0.21 per share for the same period a year ago. For the nine months, the company reported net loss of $1,926,000 or 0.07 per basic and diluted share on revenue of $77,066,000 against net earnings of $6,508,000 or 0.23 per basic and diluted share on revenue of $127,160,000 for the same period a year ago. EBITDAS was $2,279,000 or 0.09 per share against $13,775,000 or 0.50 per share for the same period a year ago. Cash flow from operating activities was $7,576,000 or 0.29 per share against $10,031,000 or 0.36 per share for the same period a year ago.
McCoy Corp. announced results for the three months ended September 30, 2009, a quarter in which McCoy continued to show strength in the face of a challenging economic environment. Revenue for the corporation was $22.8 million in the third quarter of 2009, flat from second quarter revenue of $23.3 million, but down significantly from $47 million in the third quarter of 2008. McCoy's gross profit of $9 million continued to be a healthy 39% of sales for the quarter. McCoy had a consolidated net loss for the third quarter of $0.8 million, compared to earnings of $1.9 million in the third quarter of 2008. The third quarter loss was an improvement from the $1.5 million loss reported for the second quarter of this year. Jim Rakievich, McCoy's President and CEO, said, “McCoy continues to have a long-term focus on organic and acquisition growth. During recent quarters we have taken a proactive approach to keeping this focus while facing adversity in the broader economy and the energy sector in particular. Our activities to date in 2009 are designed to ensure our ability to grow profitably in the future.”
McCoy Corp., Q3 2009 Earnings Call, Nov-05 2009
MCCRF Competitors
| Company | Last | Change | |
| No competitor information is available for MCCRF. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | MCCRF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
|
| Price/Book | 0.5x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.2x |
|
|
MCCRF |
||
MCCRF transactions
| Type Date |
Target |
|
Buyback
October 1, 2009 |
-- |