This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

United States Lime & Minerals Reports Fourth Quarter And Full-Year 2009 Results

DALLAS, Jan. 28 /PRNewswire-FirstCall/ -- United States Lime & Minerals, Inc. (Nasdaq: USLM) today reported fourth quarter and full-year 2009 results:  Revenues in the fourth quarter 2009 decreased $743 thousand, or 2.6%, to $28.3 million from $29.0 million in the comparable 2008 quarter.  Revenues from the Company's lime and limestone operations in the fourth quarter 2009 increased $821 thousand, or 3.2%, to $26.4 million from $25.6 million in the comparable 2008 quarter, while revenues from its natural gas interests decreased $1.6 million, or 45.3%, to $1.9 million in the fourth quarter 2009 from $3.5 million in the comparable 2008 quarter.  For full-year 2009, revenues decreased to $117.3 million from $142.4 million in 2008, a decrease of $25.0 million, or 17.6%.  Revenues from the Company's lime and limestone operations in 2009 decreased $15.8 million, or 12.5%, to $110.4 million from $126.2 million in 2008, while revenues from the Company's natural gas interests in 2009 decreased $9.3 million, or 57.2%, to $6.9 million from $16.2 million in 2008.

The fourth quarter 2009 increase in lime and limestone revenues compared to last year's comparable quarter was primarily due to increased steel demand and price increases for the Company's lime and limestone products, largely offset by continuing declines in construction demand. The full-year 2009 decrease in lime and limestone revenues compared to 2008 was driven primarily by decreased lime sales volumes, partially offset by price increases for the Company's lime and limestone products.  Steel production, which declined drastically in the fourth quarter 2008, improved somewhat during 2009.  However, construction demand declined further throughout 2009.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs