Triangle had an excellent Q2, as it continued to do a good job of controlling costs.
In September of last year, I had reported what looked to be a turnaround for Triangle. By starting oil service and midstream companies it has developed synergies improving the bottom line. Because of this I made it one of my top 2013 stock picks. Triangle's top line number was $50.39 million, beating by $180,000. The bottom line was much better at $0.19/share versus the Street's $0.15/share. The growth numbers have been excellent.
Wednesday, September 18, 2013
Link at SeekingAlpha:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.