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Recon Technology, Ltd.(RCON)

Description: Recon Technology, Ltd provides hardware, software, and on-site services to the petroleum mining and extraction industry in the People's Republic of China. It offers equipment, tools, and other hardware related to oilfield production and management; and develops and sells industrial automation control and information solutions. The company provides oil and gas production and transportation equipment, such as heating furnaces and burners; and oil and gas development tools and equipment, including packers of fracturing, production, and water injection. Its oil and gas production increasing techniques comprise fissure shaper technique to increase perforation depth, shape stratum fissures, and enhance stratum diversion capability; sand prevention technique for oil and water wells; water locating and plugging technique; fracture acidizing technique for oil and gas wells; and electronic broken-down service to resolve block-up and freezing problems. The company also provides automation systems and services, including pumping unit controller that monitors the pumping units and collects data for load, pressure, voltage, startup, and shutdown control; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometer and wireless pressure gauge; electric multi-way valve for oilfield metering station flow control; and natural gas flow computer system. In addition, it offers Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline, and oil and gas wells SCADA system for monitoring and data acquisition of pipelines, and oil and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. The company was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.


Keywords: Natural Gas Petroleum Industry Fuel Automation Oil Wells Acid Automation Systems Fracturing Flow Control Oil And Gas Production Telemetry Control Engineering Industrial Automation Data Collection Transportation Equipment Gas Wells Data Acquisition Wellhead Video Surveillance Oil And Gas Wells Natural Gas Wells Scada Oil And Gas Development Information Solutions National Oilwell Varco Burners On Site Services Perforation Gas Flow

Home Page: www.recon.cn

RCON Technical Analysis

1 Shui'an South Street
Beijing, 100012
China
Phone: 86 10 8494 5799


Officers

Name Title
Mr. Guangqiang Chen Chairman & CTO
Mr. Shenping Yin Co-Founder, CEO & Director
Ms. Jia Liu CFO, Company Sec. & Director

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

GIC Sector: Energy
GIC Group: Energy
GIC Industry: Energy Equipment & Services
GIC Sub-Industry: Oil & Gas Equipment & Services
Forward PE: 0
Trailing PE: 3.5682
Price-to-Book MRQ: 0.6204
Price-to-Sales TTM: 0.4449
IPO Date: 2009-07-30
Fiscal Year End: June
Full Time Employees: 188
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