Stock Alert for Trico Marine Services Inc. Issued by Beacon Equity
April 16 2010 - 6:50AM
BeaconEquity.com announces an investment report featuring Trico
Marine Services Inc. (Nasdaq:TRMA). The report includes financial,
comparative and investment analyses, and industry information you
need to know to make an educated investment decision.
The full report is available at:
http://www.beaconequity.com/i/TRMA
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Trico Marine Services Inc. (TRMA) provides subsea, trenching and
marine support vessels and services to the oil and gas
industry. The Company offers vessels for the transportation of
drilling materials, supplies and crews to offshore drilling
platforms; drilling rigs and equipment; and support for the
construction, service, repair and maintenance of offshore
facilities. The Company's Trico's subsea and trenching
services include a fleet of state-of-the-art ROVs and trenching
protection equipment. Areas of operations include the North
Sea, West Africa, Mexico, Brazil and Southeast Asia.
In the report, the analyst notes:
"TRMA recently announced the $16 million sale of one of its
boats to a buyer in Asia. The sale brings total asset sales this
year to about $20 million. The Company said it expects to use the
money to service debt.
"TRMA also announced new contract awards representing more than
$25 million in value for projects in the North Sea, which include
contracts for subsea services with a major oil company and an
offshore renewable-energy contract."
To read the entire report visit:
http://www.beaconequity.com/i/TRMA
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report providers striving to provide a balanced view of many
promising small-cap companies that would otherwise fall under the
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with an excellent first step in research and due diligence by
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Research, please visit http://www.BeaconEquity.com.
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON
THIS REPORT. We are not registered as a securities broker-dealer or
an investment adviser either with the U.S. Securities and Exchange
Commission (the "SEC") or with any state securities regulatory
authority. We are neither licensed nor qualified to provide
investment advice. Beacon Equity nor its affiliates have a
beneficial interest in the mentioned company; nor have they
received compensation of any kind for any of the companies listed
in this communication. The information contained in our report is
not an offer to buy or sell securities. We distribute
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CONTACT: Beacon Equity Research
Jeff Bishop
(469)-252-3505
press@beaconequity.com
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