GreenHunter Resources Inc. (GRH) reported that its first-quarter net loss to common shareholders was $8.5 million or $0.25 per share compared to a net loss of $0.8 million or $0.03 per share in the year ago quarter.
The operating loss for the quarter was $7.2 million, compared to an operating loss of $0.4 million in the first quarter of 2012.
Revenues for the quarter were $8.6 million, compared to $2.3 million in the first quarter of 2012. The increase in revenues of 279% or $6.3 million was driven primarily by increases in daily salt water disposal volumes as a result of both organic SWD capacity growth and acquisitions that resulted in a 1,455% increase in permitted operating injection capacity compared to one year ago.
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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.