Treaty Energy Corp. (TECO) Tuesday reported a wider first-quarter loss of $769 thousand, compared to $246 thousand in the year-earlier quarter. On a per-share basis, earnings were breakeven, same as last year.
The company realized revenues of $57 thousand for the first quarter, helped primarily by oil production from its Texas leases. The company did not realize any revenues last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.