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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.