November 20, 1990
H&H Oil Tool Co. of Santa Paula, which leases oil drilling and production equipment to oil companies, reported a profit in the latest quarter compared to a loss a year earlier. For the third quarter that ended Sept. 30, H&H reported net income of $429,000, in contrast to a loss of $17,000 a year earlier. Revenues rose 26% to $6.29 million from $4.99 million. In the nine months that ended Sept. 30, the company earned $831,000, while revenues increased 34% to $17.1 million.
August 20, 1991
H&H Oil Tool Co. Inc., a Santa Paula company that rents oil drilling and production equipment, reported that its earnings plunged to $13,000 in the second quarter that ended June 30 as domestic oil field activity declined. A year earlier, H&H earned $394,000. The lower earnings came despite an 8% gain in the company's revenue, to $6.13 million from $5.68 million. In the six months that ended June 30, H&H's profit slipped 1%, to $398,000 from $402,000 in the same period a year before.
November 16, 1993
H & H Oil Tool Co. Inc., a Santa Paula company that rents oil and drilling production equipment, said its profit rose sharply in the third quarter, to $516,000 from $33,000 a year earlier. The company said revenue in the quarter ended Sept. 30 increased 13% to $5.77 million, from $5.12 million in the same period last year. Henry Rushing, president and chief executive officer, said stable natural gas prices have resulted in increased drilling, production and work-over activity.
June 22, 1995 |
H&R Block 4th-Quarter Profits Dip 47%: For the three months ended April 30, H&R Block Inc. earned $103.3 million, or 98 cents per share, compared to earnings of $194.3 million, or $1.81 per share, for that quarter a year ago. Revenue for the quarter was $774 million, close to the $774.7 million figure for the quarter last year. The Kansas City, Mo.-based company attributed the earnings fall to its $101.9-million acquisition of Spry Inc., a leading Internet software company, in April.
August 18, 1992
H & H Oil Tool Co., citing the continued decline in domestic oil field activity, reported a loss of $474,000 for the second quarter ended June 30, compared with a net income of $13,000 a year earlier. The Santa Paula-based company, which rents equipment to the energy industry, said revenue fell 28% during the quarter, to $4.4 million from $6.1 million a year earlier. For the six months ended June 30, H & H posted a loss of $965,000 on revenue of $9.4 million.
November 17, 1992
H&H Oil Tool Co., citing continued cost reductions, eked out a small profit in the third quarter ended Sept. 30, contrasted with a year-earlier loss of $892,000. The Santa Paula-based company, which rents drilling and other equipment to the energy industry, said its quarterly net income of $33,000 came on revenue of $5.15 million, down 8% from $5.63 million a year earlier.