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 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.