Bainbridge Uinta posts $23.38 million May net loss, zero revenue

By Sarah Lizee

Olympia, Wash., July 9 – Bainbridge Uinta, LLC posted a $23.38 million net loss for May on zero net revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Northern District of Texas.

In comparison, the company reported a $2.07 million net loss for April on zero net revenue.

The company had $2,098 in cash at the end of May, the same as at the end of April.

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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