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Strike reports $15.5 million loss from operations for January
By Sarah Lizee
Olympia, Wash., March 4 – Strike, LLC reported a $15.5 million loss from operations for January on $20.13 million of contract revenues earned, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.
The net loss for the period was $16.45 million.
The company listed $8.96 million in cash and cash equivalents as of Jan. 31.
Strike is based in The Woodlands, Tex., and is a full-service pipeline, facilities and energy infrastructure solutions provider. The company filed Chapter 11 bankruptcy on Dec. 6 under case number 21-90054.
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