Bainbridge Uinta posts $2.52 million February net loss, zero revenue

By Sarah Lizee

Olympia, Wash., March 23 – Bainbridge Uinta, LLC posted a $2.52 million net loss for February on zero net revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Northern District of Texas.

In comparison, the company reported a $1.59 million net loss for January, also on zero net revenue.

The company had $2,423 in cash at the end of February, the same as at the end of the previous month.

Dallas-based Bainbridge Uinta provides oil and gas equipment and services. The company filed bankruptcy on Sept. 1, 2020 under Chapter 11 case number 20-42795.

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