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Latest CVIA News From Around the Web
Below are the latest news stories about Covia Holdings Corp that investors may wish to consider to help them evaluate CVIA as an investment opportunity.
Covia (CVIA) says it has filed for Chapter 11 bankruptcy protection.The Company has entered into a restructuring support agreement with holders of a majority of its secured debt for a comprehensive financial restructuring of its debt.The company aims to reduce debt and eliminate excess fixed costs by more than $1B.The company will continue normal...
Covia Announces Plan to Create Sustainable Capital Structure and Reduce Long-Term Obligations by More than $1 Billion
Covia (NYSE:CVIA) today announced that it has taken a major step toward creating a sustainable capital structure by reducing debt and eliminating excess fixed costs by more than $1 billion. The Company has entered into a restructuring support agreement (the "RSA") with holders of a majority of its secured debt for a comprehensive financial restructuring of its debt.
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COVIA HOLDINGS (CVIA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Covia (CVIA), a leading provider of mineral-based material solutions for the Industrial and Energy markets, announced today that it will hold a virtual Annual Meeting of Stockholders on May 21, 2020 (“Annual Meeting”) due to the public health impact of the COVID-19 pandemic and to support the health of its stockholders, directors, employees and community. Stockholders interested in attending the Annual Meeting are required to register by 11:59 p.m. EDT on May 18, 2020 at https://viewproxy.com/Covia/2020/. Covia urges stockholders to vote and submit proxies in advance of the Annual Meeting by one of the methods described in the proxy materials for the Annual Meeting.
Covia (CVIA) announced that, on April 8, 2020, it received notification from the New York Stock Exchange (“NYSE”) that the Company is no longer in compliance with NYSE continued listing standards, which require listed companies to maintain an average closing share price of $1.00 over a consecutive 30 trading-day period. In accordance with NYSE rules, Covia has six months from receipt of the notice to regain compliance with the NYSE’s minimum share price requirement.
Covia Announces Actions In Response To COVID-19 Pandemic And Disruptions In The Global Oil And Gas Markets
Covia (CVIA), a leading provider of mineral-based material solutions for the Industrial and Energy markets, announced a series of actions taken recently to strengthen safety protocols, reduce capacity and lower costs. Reduced active Energy capacity by nearly 30% or 6 million tons annually, including the idling of the Utica, Illinois and Kermit, Texas facilities and de-rating capacity at several other facilities. Closed on a new 3-year credit facility with availability up to $75 million secured by certain of the Company’s accounts receivables.
Shareholders in Covia Holdings Corporation (NYSE:CVIA) had a terrible week, as shares crashed 28% to US$0.90 in the...
Covia Holdings (NYSE:CVIA) reported Q4 results.Quarterly Results • Earnings per share increased 553.85% over the past year to $1.18, which beat the estimate of $0.41.• Revenue of $313,307,000 lower by 29.01% year over year, which missed the estimate of $339,260,000.Details Of The Call • Date: Mar 10, 2020• Time: 12:04 PM ETView more earnings on CVIA• Webcast URL: https://ir.coviacorp.com/events-and-presentations/default.aspxPrice Action • 52-week high: $7.34• 52-week low: $1.00• Price action over last quarter: Up 39.20%Company Overview Covia Holdings is one of the leading suppliers of proppants used in hydraulic fracturing of oil and gas wells. The company produces value-added proppants such as resin-coated sand, as well as untreated "raw" frac sand. The company also supplies ...
Covia (CVIA), updated the dial-in information for its fourth quarter and full year 2019 earnings call taking place today. Investors are invited to listen to a live audio webcast of the conference call today at 8:30 a.m. Eastern Time by visiting the Investor Relations section of the Company's website, www.coviacorp.com. Covia is a leading provider of diversified mineral solutions to the oil and gas, glass, ceramics, coatings, metals, foundry, polymers, construction, water filtration, sports and recreation markets.