Recon Technology, Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $2.6M
- Price
- $1.20
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.83%
- Volume
- 122.2K
About
Recon Technology, Ltd. (RCON) is a company that delivers a comprehensive suite of hardware, software, and field-based services to enterprises operating within China's petroleum exploration and production sector. The company's hardware portfolio encompasses various tools and equipment essential for oilfield production, management, and logistics. Key offerings include specialized equipment for oil and gas production and transport, such as heating furnaces and burners. Recon also provides advanced techniques and components like fracturing and production packers, solutions for sand prevention in wells, water location and plugging, fissure shaping, and fracture acidizing. Additionally, it offers electronic breakdown services to address blockages and freezing issues. Furthermore, Recon engineers and markets advanced industrial automation and information management solutions. Its automation systems and services feature pumping unit controllers for monitoring and data acquisition, RTUs for natural gas well surveillance and pressure data collection, wireless dynamometers and pressure gauges, electric multi-way valves for precise oilfield metering station flow regulation, and sophisticated natural gas flow computer systems. A significant part of its portfolio includes SCADA (Supervisory Control and Data Acquisition) systems. This encompasses the Recon SCADA platform for general oilfield monitoring and data collection, EPC (Engineering, Procurement, and Construction) services for pipeline SCADA systems, and EPC services for oil and gas well SCADA systems to oversee operations and gather data from both oil and natural gas wells. The company also implements EPC services for oilfield video surveillance and control, ensuring oversight of wellheads and measurement stations, alongside providing technical consultancy for digital oilfield transformation initiatives. Moreover, Recon addresses environmental concerns by offering oilfield wastewater treatment solutions, complete with necessary chemicals, and specialized services for oily sludge disposal. Established in 2007, Recon Technology, Ltd. maintains its corporate headquarters in Beijing, People's Republic of China.
Quick stats
Shares outstanding2.2M
Computed float1.9M
Float / shares85.8%
Cash runway (months)80.3
Key info
SectorEnergy
IndustryOil & Gas Equipment & Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001442620
Websitehttps://www.recon.cn
AI Summary
AI-generated1/8
minorneutralother
Small Caps Test Their 200-Day Line as Yields Grind Higher and Earnings Season Stirs
Conagra Brands reported Q1 fiscal 2027 net sales down 1.4% to $2.6 billion, with organic net sales down 1.1%, per a market-commentary summary of its release.
Adjusted EPS rose 5.1% to $0.41 and management reaffirmed fiscal 2027 guidance of a 10.0%-10.5% adjusted operating margin and $1.40-$1.50 adjusted EPS.
The item itself is third-party market commentary from Stock Preachers/USA Newsroom, not a company disclosure; Conagra also cited dollar-share gains in frozen vegetables, pudding and chili.
Red flags
- third-party commentary rather than issuer disclosure; CAG data is a summary of a prior release
- net sales declined 1.4% year-over-year