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Shale Support Global sees negative $1.19 million EBITDA for October
By Caroline Salls
Pittsburgh, Nov. 20 – Shale Support Global Holdings, LLC reported negative $1.19 million of EBITDA for October on $2.74 million in product revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, Shale Support posted negative $341,585 in EBITDA for September on $3.6 million in product revenue.
The company had $4.36 million in cash and equivalents as of Oct. 31, up from $3.51 million at the end of September.
Houston-based Shale Support is a provider of logistical services and frac-sand. The company filed bankruptcy on July 11 under Chapter 11 case number 19-33884.
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