Trecora Resources (NYSE:TREC)

SUGAR LAND, Texas, Oct. 19, 2011 /PRNewswire/ -- Arabian American Development Co. (Nasdaq: ARSD) announced today that based on its preliminary financial review, it expects to report record quarterly revenues and volume for the quarter ended September 30, 2011. The Company expects to report overall financial results for the fiscal quarter on November 3, 2011, and will release dial-in and webcast information the week of October 24th.

Nick Carter, President and Chief Executive Officer, commented, "We attribute the record quarter to the continuation of the strong volume demand that we indicated in our second quarter 2011 conference call. This was driven by new business both domestically and internationally, as well as, strong customer retention.  Our previous quarterly revenue record was $48 million in the third quarter 2008.  Hand in hand with the record revenue was record volume. The previous record of 12.7 million gallons was reported in the second quarter 2009.  We are excited to see our volume increase according to our plan when we committed to the expanded facility in 2008.  . With the increased volume, which in turn relates to decreased per unit operating costs, we expect to report earnings per share in excess of the $0.09 estimated by analysts.  We look forward to reporting complete financial results for the three and nine months ended September 30, 2011, and discussing operational details in the upcoming press release and earnings call on November 3rd."