Pink Sheets: Texas Petrochemicals Inc (TXPI) news stock charts
Texas Petrochemicals Inc (TXPI/TXPI.PK) Penny Investment Summary:
Texas Petrochemicals, Inc. provides C4 processing and performance chemicals to chemical and petroleum based companies worldwide. The company’s products include butadiene, which is used to produce synthetic rubber; n-butylenes (butene-1) that is used in the manufacture of plastic resins, fuel additives, and synthetic alcohols; raffinates, which are used in gasoline blend stock formations; and isobutylenes that is used in the production of specialty rubbers, lubricant additives, detergents, and coatings. It also offers polyisobutylenes, which is used in the production of fuel and lubricant additives, adhesives, sealants, and packaging; and propylene derivatives that are used in the production ...www.txpetrochem.com
Founded in 2004
TEXAS PETROCHEMICALS INC (TXPI:OTC)
LAST $10.00 USD
CHANGE TODAY 0.00 0.00%
VOLUME 26.0K
As of 8:10 PM 03/12/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of TEXAS PETROCHEMICALS INC (TXPI)
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OPEN
$9.25
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PREVIOUS CLOSE
$10.00
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DAY HIGH
$10.00
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DAY LOW
$9.25
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52 WEEK HIGH
02/3/10 - $10.50
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52 WEEK LOW
03/20/09 - $2.00
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MARKET CAP
179.6M
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AVERAGE VOLUME 10 D
5.7K
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EPS TTM
$1.04
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SHARES OUTSTANDING
18.0M
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TXPI Does Not Pay Dividends
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P/E TTM
9.6x
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| K = Thousands M = Millions B = Billions | ||
Key developments for TEXAS PETROCHEMICALS INC (TXPI)
Texas Petrochemicals Inc expected to Report Q3 2010 Results on May 10, 2010. This event was calculated by Capital IQ (Created on February 12, 2010).
02/12/2010
Texas Petrochemicals Inc expected to Report Q3 2010 Results on May 10, 2010. This event was calculated by Capital IQ (Created on February 12, 2010).
Texas Petrochemicals Inc Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2009
02/12/2010
Texas Petrochemicals Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2009. For the quarter, the company reported income from operations of $16.4 million, income before income taxes of $14.4 million and net income of $8.4 million or $0.47 per diluted share on revenues of $415.8 million compared to the loss from operations of $29.7 million, loss before income taxes of $39.4 million and net loss of $26.7 million or $1.51 per diluted share on revenues of $410.0 million for the same quarter year ago. Cash flows from operating activities was $41.6 million compared to the cash used in operating activities of $16.8 million for the same quarter year ago. Capital expenditures were $3.0 million compared to the $3.4 million for the same quarter year ago. For the six months period, the company reported income from operations of $25.4 million, income before income taxes of $20.3 million and net income of $12.1 million or $0.68 per diluted share on revenues of $755.9 million compared to the loss from operations of $23.5 million, loss before income taxes of $37.2 million and net loss of $25.3 million or $1.43 per diluted share on revenues of $953.3 million for the same period year ago. Cash flows from operating activities were $2.8 million compared to the cash used in operating activities of $11.9 million for the same period year ago. Capital expenditures were $4.6 million compared to the $11.2 million for the same period year ago.
Texas Petrochemicals Inc Presents at 25th Annual World Petrochemical Conference and Workshops, Mar-23-2010 through Mar-25-2010
02/10/2010
Texas Petrochemicals Inc Presents at 25th Annual World Petrochemical Conference and Workshops, Mar-23-2010 through Mar-25-2010. Venue: Hilton Americas Hotel, Houston, Texas, United States. Speakers: Adam Metry, Glenn E. Bohny, Vice President of Commercial, John Medico, Steven Johnson.
Texas Petrochemicals Inc financial resources
TXPI Competitors
| Company | Last | Change |
| Eastman Chemical Co | $61.93 USD | +0.12 |
| Huntsman Corp | $13.50 USD | +0.05 |
| Lubrizol Corp | $87.50 USD | +0.24 |
| NewMarket Corp | $103.39 USD | -0.12 |
| Westlake Chemical Corp | $22.76 USD | +0.24 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | TXPI | Industry Range |
| Price/Earnings | 12.2x |
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| Price/Sales | 0.2x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 3.2x |
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| TEV/Sales | NM | Not Meaningful |
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TXPI |
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TXPI transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Texas Petrochemicals Inc
Texas Petrochemicals Inc. Changes Its Name to TPC Group Inc.
2010-02-15 08:42:59
Quote: (Pink Sheets: TXPI), formerly Texas Petrochemicals Inc., today announced that it has changed its name to TPC Group Inc. effective January 22, 2010www.tpcgrp.com, which contains, among other things, an improved Investor Relations page, for additional information.In addition to the name change, the Company has also announced that its registration statement, which was filed with the Securities and Exchange Commission (the "Commission") on November 25, 2009 pursuant to Section 12 of the Securitie...Read article
Texas Petrochemicals Inc. Changes Its Name to TPC Group Inc.
2010-01-29 01:38:50
Quote: (Pink Sheets: TXPI), formerly Texas Petrochemicals Inc., today announced that it has changed its name to TPC Group Inc. effective January 22, 2010www.tpcgrp.com, which contains, among other things, an improved Investor Relations page, for additional information.In addition to the name change, the Company has also announced that its registration statement, which was filed with the Securities and Exchange Commission (the "Commission") on November 25, 2009 pursuant to Section 12 of the Securitie...Read article
Texas Petrochemicals Announces Fiscal 2010 First Quarter Earnings and Conference Call Schedule
2010-01-14 04:38:27
Quote: Press ReleaseSource: Texas Petrochemicals, Inc.On Thursday November 12, 2009, 7:45 am ESTTexas Petrochemicals, Inc., (OTC:-What:Texas Petrochemicals Fiscal 2010 First Quarter EarningsConference CallWhen:Friday, November 13, 2009 - 10:30 a.m. Eastern TimeHow:Live via Conference Call - Dial (480) 629-9722 at least 10minutes prior to the start time and ask for the TexasPetrochemicals callLive via webcast- Log on to the website address belowWhere:For those unable to listen to the live call, a replay...Read article
Texas Petrochemicals Announces Fiscal 2010 First Quarter Earnings and Conference Call Schedule
2010-01-14 04:38:27
Quote: Press ReleaseSource: Texas Petrochemicals, Inc.On Wednesday October 28, 2009, 7:00 am EDTTexas Petrochemicals, Inc., (OTC:-What:Texas Petrochemicals Fiscal 2010 First Quarter EarningsConference CallWhen:Friday, November 13, 2009 - 10:30 a.m. Eastern TimeHow:Live via Conference Call - Dial (480) 629-9722 at least 10minutes prior to the start time and ask for the TexasPetrochemicals callLive via webcast- Log on to the website address belowWhere:For those unable to listen to the live call, a replay...Read article
Texas Petrochemicals Reports Fiscal 2010 First Quarter Results
2010-01-14 04:38:26
Quote: 13 /PRNewswire-FirstCall/ -- Texas Petrochemicals, Inc., (OTC:TXPI.PK:) today reported revenues of $340.2 million for the first quarter of fiscal 2010 compared to $543.3 million in last year's first quarter and $260.9 million in the immediately preceding fourth quarter of fiscal 2009.The 37% decline compared to the prior year quarter reflects substantially lower selling prices driven by lower petrochemical and fuel-related prices that were approximately half of fiscal 2009 first quarter levels, ...Read article
Texas Petrochemicals, Inc. F1Q10 (Qtr End 09/30/09) Earnings Call Transcript
2009-12-22 01:04:12
Quote: Texas Petrochemicals, Inc. (TXPI)
F1Q10 Earnings Call
November 13, 2009 10:30 am ET
Executives
Robert Whitlow – Investor Relations
Charles W. Shaver – Chief Executive Officer, President & Director
Ruth I. Dreessen – Chief Financial Officer & Senior Vice President
Analysts
Adrel Askew – Hartford Investment Management
[Cynthia Marino – Lloyds Bank]
Gregg Goodnight – ChemAnalysis
[Brian Doherty – Calidas Capital Management]
[Tyler Gentry ââ...Read article
Texas Petrochemicals Reports Fiscal 2009 Fourth Quarter and Full Year Results
2009-11-30 02:02:20
Quote: Such statements may relate to future operating results, existing and expected competition, financing and refinancing sources and availability, and plans related to strategic alternatives or future expansion activities and capital expenditures.Forward-looking statements involve a number of risks and uncertainties that may significantly affect the Company's liquidity and results in the future and, accordingly, actual results may differ materially from those expressed in any forward-looking stateme...Read article
Texas Petrochemicals Announces Fiscal 2009 Fourth Quarter Earnings and Conference Call Schedule
2009-11-30 02:02:20
Quote: What:Texas Petrochemicals Fiscal 2009 Fourth QuarterEarnings Conference CallWhen:Friday, September 18, 2009 - 9:30 a.m. Eastern TimeHow:Live via Conference Call - Dial (480) 629-9692 at least10 minutes prior to the start time and ask for the TexasPetrochemicals callLive via webcast- Log on to the website address belowWhere:For those unable to listen to the live call, a replay will be available through Friday, October 2, 2009 by calling (303) 590-3030 using pass code 4146923#.Also, an archive of ...Read article
Q4 2009 TEXAS PETROCHEMICALS INC Earnings Release - Before Market Open
2009-11-30 02:02:19
Quote: Read article
Texas Petrochemicals Announces Fiscal 2010 First Quarter Earnings and Conference Call Schedule
2009-11-30 02:02:18
Quote: What:Texas Petrochemicals Fiscal 2010 First Quarter EarningsConference CallWhen:Friday, November 13, 2009 - 10:30 a.m. Eastern TimeHow:Live via Conference Call - Dial (480) 629-9722 at least 10minutes prior to the start time and ask for the TexasPetrochemicals callLive via webcast- Log on to the website address belowWhere:For those unable to listen to the live call, a replay will be available through Friday, November 27, 2009 by calling (303) 590-3030 using pass code 4177981#.Also, an archive of...Read article
Texas Petrochemicals Announces Fiscal 2010 First Quarter Earnings and Conference Call Schedule
2009-11-30 02:02:18
Quote: What:Texas Petrochemicals Fiscal 2010 First Quarter EarningsConference CallWhen:Friday, November 13, 2009 - 10:30 a.m. Eastern TimeHow:Live via Conference Call - Dial (480) 629-9722 at least 10minutes prior to the start time and ask for the TexasPetrochemicals callLive via webcast- Log on to the website address belowWhere:For those unable to listen to the live call, a replay will be available through Friday, November 27, 2009 by calling (303) 590-3030 using pass code 4177981#.Also, an archive of...Read article
Texas Petrochemicals Reports Fiscal 2010 First Quarter Results
2009-11-30 02:02:17
Quote: 13 /PRNewswire-FirstCall/ -- Texas Petrochemicals, Inc., (OTC:TXPI.PK:) today reported revenues of $340.2 million for the first quarter of fiscal 2010 compared to $543.3 million in last year's first quarter and $260.9 million in the immediately preceding fourth quarter of fiscal 2009.The 37% decline compared to the prior year quarter reflects substantially lower selling prices driven by lower petrochemical and fuel-related prices that were approximately half of fiscal 2009 first quarter levels, ...Read article
Q1 2010 Texas Petrochemicals, Inc Earnings Release - Before Market Open
2009-11-30 02:02:16
Quote: Read article
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