DALLAS, April 16, 2010 (GLOBE NEWSWIRE) -- 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
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
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
See what investors are saying about these stocks at penny stock forum.
BeaconEquity.com is one of the industry's largest small-cap report providers striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon 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 opinions, comments and information free of charge exclusively to individuals who wish to receive them.