Single Column Posts

3 min read

Jeff Horn and Tim Tszyu will be aired live in the United States, as ESPN+ have picked up the fight, which will stream at 5...

5 min read

Indy 500 live: In a normal season is that the finale of what is commonly known as the Month of May in IndyCar racing. The...

4 min read

PSG vs RB Leipzig Live :Are two clubs which have made many enemies among football fans, but maybe not to the way they playwith. On...

4 min read

RB Leipzig v Paris Saint-Germain live stream: How to watch Champions League clash for free – kick-off time, TV Channel and radio coverage.Semifinals start Tuesday...

4 min read

Nets vs Raptors live :After two weeks of seeding games, the action inside the bubble at Disney World will continue with the 2020 NBA Playoffs....

3 min read

Raptors vs Nets Live : After Fourteen Days of seeding Matches, the action in the bubble at Disney World will last using the 2020 NBA...

4 min read

The Utah Jazz do Not have a Solid track record Contrary to the Denver Nuggets this season. Denver won all three matchups this season, all...

5 min read

Barcelona player talks about tonight's Champions League quarter-final against his former club Bayern Munich. The midfielder is well-known for his self-sacrificing style of drama and...

5 min read

Present Barcelona player talks about tonight's Champions League quarter-final against his former team -- Bayern Munich. The midfielder is well-known for his self-sacrificing style of...

6 min read

Current Barcelona player talks about tonight's Champions League quarter-final against his former team -- Bayern Munich. The midfielder is well known for his self-sacrificing manner...

September 22, 2020

The Post Wired

News On Trending

Stock News in Focus: Trecora Resources (NYSE:TREC)

Spread the love

Shares of Trecora Resources (NYSE:TREC) were transacted with a volume of 80401 shares in last trading period as compared to its average volume of 45.61K shares over last three months period. The stock price scored -0.33% and valued at $9.2.

Trecora Resources a USA based Company, belongs to Basic Materials sector and Chemicals – Major Diversified industry. Shares of the company returned 1.21% during the last five trading days and it returned 0.33% in past 30 trading days. It changed 11.25% over recent three months. The stock has changed -34.05% in one year period and YTD Performance clocked at 17.95%.

Trecora Resources (NYSE:TREC) notified that Adam Peakes and Janet Roemer have been appointed as independent directors to the Board of Directors of the Company, effective today. Mr. Peakes will serve as a member of the Audit and Compensation Committees. Ms. Roemer will serve as a member of the Nominating and Governance and Audit Committees. Joseph Palm will not stand for re-election at the upcoming Annual Stockholders’ Meeting in accordance with the Company’s governance requirements regarding the maximum age of Directors.

Karen A. Twitchell, Chair of the Board of Trecora Resources said “We are excited to add the important and complementary perspectives of these new Board members”. “Adam brings financial and capital markets experience that will enhance our strategic decision-making as we transition to a stage of significant cash flow generation, and Janet led the transformation of multiple chemical businesses which is particularly relevant to Trecora’s current operational focus. I am happy to welcome them both to the Trecora Resources Board, and I look forward to their contributions to our efforts to maximize shareholder value.”

Mr. Peakes has more than 20 years of finance and investment banking experience in various natural resources industries including his current role as Chief Financial Officer for Noble Corporation, where he is responsible for the accounting, treasury, tax, financial planning, mergers and acquisitions and investor relations teams globally for this publicly-traded oil and gas drilling contractor. Prior to Noble, Mr. Peakes spent 17 years as an investment banker with Tudor Pickering Holt & Co. and Goldman Sachs specializing in mergers and acquisitions, debt and equity financings and strategic advisory assignments for companies in the oilfield services and global natural resources sectors. He holds a Bachelor of Arts degree from Rice University and a Masters in Business Administration from Harvard Business School.

Ms. Roemer brings more than 30 years of industry experience including executive leadership roles in global petrochemicals and biochemicals. After starting her career as a chemist with National Starch & Chemical, she had a 24 year career with Amoco and BP Group where she held a wide variety of positions with increasing responsibilities, including General Manager, Vice President Digital Business, Business Unit Leader and Chief of Staff to the CEO of Innovene. She most recently served as Chief Operating Officer of Verenium Corporation. Ms. Roemer has a breadth of operational experience including leadership roles in sales and marketing, customer service and logistics, strategic planning, manufacturing, capital projects, R&D and IT. Ms. Roemer holds a Bachelor of Science degree in Chemistry from Miami University and a Masters of Business Administration from the University of Chicago.

The price moved ahead 1.67% from the mean of 20 days, 0.77% from 50 and separated -17.42% from 200 days average price. Its price volatility for a month is at 3.53% and for a week, volatility remained at 3.31%. It beta stands at 1.48. Company’s price to sales ratio for last 12 months was 0.78 while its price to book ratio for the most recent quarter was 1.22. Its Market Cap valued at $225.86M.