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STRATUM

TRECORA RESOURCES

TRECORA RESOURCES
CIK 0000007039 · Petroleum Refining
Z″ MIDDLE ZONE
Z′ 2.37
Net margin
1.8%
as of 2021-12-31
Operating margin
-1.1%
as of 2021-12-31
Revenue YoY growth
30.7%
as of 2021-12-31
Disclosure completeness
10 / 11

Categories of dependency expected for this filer that were actually found stated in Risk Factors / MD&A.

Provenance: TRECORA RESOURCES’s most recent Revenue
$272,690,000
Filing
0000007039-22-000026 (10-K)
Period
2021-01-01 to 2021-12-31
XBRL tag
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Context
i200bdbc2b43f4152a0130461838a341a_D20210101-20211231
Mapping
seed · confidence 1.00
View the filed document ↗
What the filing says drives results

Extracted from Risk Factors / MD&A, checked verbatim against the source text before being stored.

REGULATORY COMPLIANCEItem 1A Risk Factors

Expenses for future recovery are expected to stabilize and be less per annum than the initial set up cost, although there is no assurance of this.

CUSTOMER CONCENTRATIONItem 1A Risk Factors

Our largest customer, ExxonMobil and its affiliates, represented approximately 13.4%, 15.4%, and 15.0% of our consolidated revenues in 2021, 2020 and 2019, respectively.

COMPETITIONItem 1A Risk Factors

Our industry is highly competitive, and we face significant competition from both large international producers and from smaller regional competitors.

LABOR KEY PERSONNELItem 1A Risk Factors

Loss of key employees, our inability to attract and retain new qualified employees or our inability to keep our employees focused on our strategies and goals could have an adverse impact on our operations.

SUPPLY CHAINItem 1A Risk Factors

If the availability of our raw materials is limited, we may be unable to produce some of our products in quantities sufficient to meet customer demand or on favorable economic terms, which could have an adverse effect on our results of operations, financial condition and cash flows.

SUPPLY CHAINItem 1A Risk Factors

Suppliers may not be able to meet our raw material requirements and we may not be able to obtain substitute supplies from alternative suppliers in sufficient quantities, on economic terms, or in a timely manner.

COMMODITY PRICEItem 1A Risk Factors

Our results of operations are directly affected by the cost of raw materials.

COMMODITY PRICEItem 1A Risk Factors

Increases in the costs of our raw materials could have an adverse effect on our financial condition and results of operations if those costs cannot be passed onto our customers.