ME2C ENVIRONMENTAL

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Market Data: Yahoo Finance, Bloomberg, SEC

Report Link: Updated Research Report (Dated April 13, 2022)

Symbol: MEEC
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $1.50
Time Horizon: 12 Months
Rating Established: April 14, 2021
Price When Established: $1.10
Most Recent Report: April 13, 2022
Price When Issued: $0.43

What’s New

ME2C Environmental Reports 1Q22 Results

On May 18, 2022, ME2C Environmental (OTC: MEEC) announced results for its first quarter ended March 31, 2022.

For 1Q22, the company reported that revenue increased 10.4% to $3.3 million from $3 million in 1Q21. The company reported a net loss of $1.1 million or $(0.01) per share compared to a net loss of $418,000 or $(0.01) per share in 1Q21.

We projected 1Q22 revenue of $2.5 million and a net loss of $1.1 million or $(0.01) per share.

Company Description

ME2C Environmental, also known as Midwest Energy Emissions Corp., headquartered in Corsicana, Texas, is an environmental services and technology company specializing in mercury emission control technologies, primarily to utility and coal-fired power plants.

Disclaimer
Please view our current disclosure and disclaimer on our most recent research report.