Former Energy Alloys reports $1.32 million net loss for May period

By Sarah Lizee

Olympia, Wash., June 17 – MEA RemainCo Holdings, LLC, formerly Energy Alloys Holdings, LLC, reported a $1.32 million net loss on $3.84 million net revenue for the May period, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $3.12 million of unrestricted cash and equivalents as of May 31.

Houston-based Energy Alloys provides oilfield metals, services and supply chain solutions to global oil and gas manufacturers and service companies in the energy industry. The company filed Chapter 11 on Sept. 9, 2020 under case number 20-12088.

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