New York, New York 4/2/2010 3:45:00 AM
News / Business

GreenHunter Energy Inc (NYSE:GRH) Releases 2009 Earnings

GreenHunter Energy, Inc. (NYSE:GRH) has released the financial and operating results for the three and twelve months ended December 31, 2009.  The company’s twelve months revenues for the period ended December 31, 2009 were $5.8 million, showing a $790,000 increase over the $5.0 million that was reported for the previous year.  The company’s twelve months period also showed a net loss of $16.1 million, versus a net loss of $82.4 million for the year before.  This equates to $4.05 loss per fully diluted common share for continuing operations.  To read the full results, visit http://www.greenhunterenergy.com/.

 

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GreenHunter Energy, Inc. (GreenHunter) is focused to acquire businesses, develop projects and operate assets in the renewable energy sectors of wind, solar, geothermal, biomass and biofuels. The Company is focused on the renewable energy sectors of wind, biomass and biofuels. Its assets consist of leases of real property for future development of wind energy projects located in Montana, New Mexico, Texas, Wyoming and California, located in Houston, Texas, and a biomass power plant located in El Centro, California. The Company operates in three segments: BioFuels, Wind Energy, and Biomass.

 

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