Tenrgys reports $639,921 net operating income for January

By Sarah Lizee

Olympia, Wash., Feb. 23 – Tenrgys, LLC reported $639,921 of net operating income on $2.09 million of operating revenue for January, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Mississippi.

In comparison, the company posted $1.17 million of operating income on $1.27 million of operating revenue for December.

The net loss for January was $12,347, compared to a $1.58 million net loss in December.

The company listed $6.35 million in cash and cash equivalents as of Jan. 31, up from $5.26 million at the end of December.

Ridgeland, Miss.-based Tenrgys operates an independent oil and natural gas business. The company filed bankruptcy on Sept. 17 under Chapter 11 case number 21-01515.

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