Omega Protein Corporation Profile and History . 3.9. In addition to pricing and product mix, the decrease in gross profit was also attributable to a higher expected 2012 cost per unit of sales, which was the result of low fish oil yields. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. 2834. > Privacy & Cookie Policy I Agree. September 16, 2020 Omega Protein is partnering with the Cameron Lions Club to raise money for Cameron Parish, Louisiana, which was devastated by Hurricane Laura at the end of August. industry, Small Health wellness and fitness in Houston, Mid-size Health wellness and fitness in Houston, Small Health wellness and fitness in Texas, Mid-size Health wellness and fitness in Texas, Health wellness and fitness and Corporate Office, Omega Protein has a strong market share in their industry, Revenue generated per employee is greater than industry average, Since Omega Protein was founded, the company has grown faster than the industry average, Revenue growth is less than the industry average, Web traffic rankings are worse than the industry average, Find information about over 2 million companies, Get well structured data based on financial metrics. View contact profiles from Omega Protein. The composition of revenue by nutritional product line was 76% fish meal, 15% fish oil, 5% specialty nutraceutical ingredients, and 4% fish solubles and other. Revenue: $6 Million. The decreases were primarily due to a decrease in fish meal sales prices and an increase in cost per unit of sales. Peak Revenue $390.8M (2021) Company is also experiencing the lowest oil yields in recent history, which is having an adverse impact on unit costs and gross profit margin. As a result, standard cost for 2010 inventory, for which sales commenced largely in the third quarter of 2010, was decreased and all previous sales of 2010 inventory production were adjusted during the fourth quarter ended December 31, 2010. Your trust is our top concern, so companies can't alter or remove reviews. The Company's oil yields for the 2012 fishing season through June 30, 2012 were lower by 25 percent compared to those in the same period in the 2011 fishing season and were lower by 45 percent compared to the Company's five year oil yield average. Scholtes told the Houston Business Journal that he considers the business of human nutrition a core market especially since the company expanded into the dairy protein market this year. Omega Protein Corp is a company based in 2105 City West Blvd. 1150: Website: www.omegaprotein.com: Omega Protein Corporation was a publicly traded US company, founded in 1913 as a fishing operation. AnnualRevenue ($) Omega Proteinrevenue was$390.83 min FY, 2016which is a(8.8%)year over yearincreasefrom the previous period. Omega Protein revenues increased 13 percent from the first quarter of 2012 to $45.0 million in the second quarter of 2012. 33.6% for the quarter, an increase from 16.0% in the same period a year ago and 31.8% in the second quarter of 2013. Lines and paragraphs break automatically. It is is flavor enhanced to encourage palatability and feed intake. Excluding the expensed legal reserves, impairment and non-recurring charges, loss on disposal of assets, and assuming an effective tax rate of 35.0%, net income for the fourth quarter of 2011 would have been $1.8 million ($0.09 per diluted share). The increase in revenues compared to the same period last year was primarily due to higher sales volumes of 2 percent for fish meal and 54 percent for fish oil, partially offset by lower sales prices of 18 percent and 4 percent for fish meal and fish oil, respectively. The Organization's Mission To help people lead healthier lives with better nutrition through sustainably sourced ingredients such as highly-refined specialty oils, specialty protein products and nutraceuticals. You need to Omega Protein Corporation is seeing increased benefits from its acquisiton of whey producer Wisconsin Specialty Protein. Company profile page for Omega Protein Corp including stock price, company news, press releases, executives, board members, and contact information Is this data correct? "We are pleased with our ability to increase production and as a result improve revenues year-over-year and report record annual net income, despite experiencing lower fish oil yields and lower inventories in 2011 due to fishing restrictions from the 2010 Deepwater Horizon oil spill," commented Bret Scholtes, Omega Protein's President and Chief Executive Officer. The increase in revenues was primarily due to higher sales volumes of 67% for the Company's fish meal and higher sales prices of 26% for the Company's fish oil, partially offset by decreased sales prices of 16% for the Company's fish meal and decreased sales volumes of 9% for the Company's fish oil. 09 Mar 2012 --- Omega Protein fourth quarter of 2011 revenues increased 46% to $62.8 million from $43.1 million in the same period last year. Omega Protein Corporation (NYSE: OME), a nutritional ingredient company and the nation's leading vertically integrated producer of omega-3 fish oil and specialty fish meal products, today reported financial results for the second quarter ended June 30, 2012. The composition of revenue by nutritional product line was 76% fish meal, 15% fish oil, 5% specialty nutraceutical ingredients, and 4% fish solubles and other. The impact of the change in standard cost to the fourth quarter of 2010 was estimated to be approximately $4.0 million. Now let us see a table displaying the revenues of OMEGA PROTEIN CORP year by year. Fourth Quarter and Full Year 2011 Highlights: - Revenues: $62.8 million for the quarter, a 46% increase over the 2010 fourth quarter, and $235.2 million for the year, a 40% increase over 2010 - Gross profit margin: 17.2% for the quarter and 23.2% for the year - Net income: $0.6 million ($0.03 per diluted share) for the quarter and $34.2 million ($1.71 per diluted share) for the year - Production: The Company experienced its highest overall production since 2003 and highest fish catch since 2002 Fourth Quarter 2011 Results Omega Protein fourth quarter of 2011 revenues increased 46% to $62.8 million from $43.1 million in the same period last year. As of 2015 it still operated a fishing fleet, and produced food ingredients, dietary supplements and animal feed. Omega Protein has an estimated web sales of $500K-$1M. Get the latest business insights from Dun & Bradstreet. Adjusted EBITDA, which excludes the net gain of disposal of assets and settlements, totaled $12.1 million for six months ended June 30, 2012, a decrease from $27.7 million for the same period last year. Revenue: $308.6 million USD (2014) Number of employees. On October 6, 2017, Omega Protein and Cooke Inc. ("Cooke "), a New Brunswick company and parent of Cooke Aquaculture Inc., announced that they have entered into a definitive agreement under which . Get Omega Protein Corporation company's verified contact number +1*****107, web address, revenue, total contacts 15, industry Manufacturing and location at Adapt.io . Second Quarter 2012 Results Approve of CEO. First Choice Health. Excluding the impact of the net gain on disposal of assets, net income for the second quarter of 2012 would have been $0.3 million ($0.01 per diluted share). www.fishoilcapsules.com's SIC: 75,752. Fish meal sales prices decreased 27% compared to the fourth quarter of 2010. For the third quarter, Omega Protein notched $87.6 million in revenues compared to $84.0 million in the same period a year ago and $41.8 million in the second quarter of 2013. REEDVILLE, Va. March 2, 2020 As the final step in a multi-year process, Omega Protein has officially moved its corporate headquarters to Reedville, Virginia from Houston, Texas. Omega Protein revenues up 13 percent in Q2, At GoodSam, regenerative agriculture isn't just an environmental movementit's a business decision, WATCH: Clean-ingredient plant-based milks make a big splash. Categories and Products. These fundamental indicators attest to how well Omega Protein Corp utilizes its assets to generate profit and value for its . sign in to save company in your pesonal list. This section starts with a revenue history chart for OMEGA PROTEIN CORP between 2009 and 2016. The decrease in fish oil sales prices is due to a lower proportion of higher priced refined oil sales. "Although fish meal prices continue to be pressured, in 2012 we are hopeful Omega Protein will experience another strong fishing season and improved yields compared to 2011." Fish meal sales prices declined due to the roll-off of older, higher priced contracts and fish oil prices decreased due to a lower proportion of higher-priced refined oil sales. Bret D. Scholtes. It also includes revenue and production volume of Omega Protein business segments (Animal Nutrition and Human Nutrition). Revenues - Revenues for the quarter ended December 31, 2020 totaled $263.8 million, which included $11.9 million of non-cash revenue, $3.1 million of real estate tax and ground rents, $4.3 . Location Houston, Texas, United States. Incorporated VA; Annual Revenue ; Employee Count 50; Industries Manufacturing - Fish Oil; In addition, the Company expensed $0.6 million for two legal reserves and incurred $0.6 million of impairment and other non-recurring charges during the fourth quarter of 2011. The company registration number is None, It's listed as None. Mr. Scholtes continued, "Our executive team remains focused on better positioning Omega Protein long-term by improving our ability to penetrate the more profitable human nutrition market with our nutrient-rich fish oils. Second quarter of 2012 revenues increased 2 percent from $44.2 million in the same period last year. OMEGA PROTEIN, INC. is located at 2105 CITYWEST BLVD STE 500, Houston, Texas. Considering fish meal, fish oil and fish solubles sales activities in total, the Company experienced a $13.1 million decrease in revenues due to the decrease in fish meal sales prices and a $65.6 million increase in revenue caused by increased fish meal sales volumes, when comparing 2011 and 2010. By creating an account, you agree to accept Kona Equity Terms of Service. Products; Resources; My Account; Talk to a D&B Advisor 1-800-280-0780 . Omega Protein Corporation is a nutritional products company that develops, produces and delivers nutritious products. Revenue in the current period decreased 16 percent to $84.7 million compared to revenue of $100.6 million for the six months ended June 30, 2011. The company is located in Houston, United States and has an estimated revenue and employee in the range of $50 to $500 million and 1001-5000 . Omega Protein revenue is $390.8M annually. If our Omega Protein subsidiary fails to comply with the terms of its probation under a plea agreement entered into in June 2013 . The composition of revenue by nutritional product line was 55 percent fish meal, 31 percent fish oil, 9 percent specialty nutraceutical ingredients, and 5 percent fish solubles and other. The Omega-3 Market provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). hurray! The company started trading on 1 January 2006. ", Mr. Scholtes continued, "We continue to take steps to advance our manufacturing of concentrated fish oils and custom blends for dietary supplements to increasingly differentiate our product offerings to the end consumer. Excluding the impact of net gain on disposal of assets, net income for the six months ended June 30, 2012 would have been $1.8 million ($0.09 per diluted share). Secret shopper: How do consumers know if their fish oil is fresh? Exclusive New Hope Network data shows trends shaping industry's future, Getting ready for 2023: Trends for brands to consider, Allowed HTML tags:

. (Submitted Photo Courtesy of Omega Protein) Patterson, La.--By JEAN L. McCORKLE jmccorkle@daily-review.com. Increased volumes were partially offset by lower prices. and NEW ORLEANS Today, the Gulf menhaden fishery was certified as sustainable against Marine Stewardship Council (MSC) standards. Omega Protein revenue increased from $359.3 million in 2015 to $390.8 million in 2016, a (8.8%) increase. FREE 30 Day Trial Omega Protein Corp (OME) Try Excel Help Go To: Full Chart Realtime quote and/or trades are not sourced from all markets. The data presented on this page does not represent the view of Omega Protein and its employees or that of Zippia. The composition of revenue by nutritional product line for the fourth quarter of 2013 was 59% fish meal, 26% fish oil, 14% specialty nutraceutical and food ingredients and products, and 1% fish solubles and other. The increase in cost per unit of sales reflects changes in product mix and the expected increase in 2012 cost per unit of sales as a result of decreased fish oil yields. The decrease in gross profit as a percentage of revenue was primarily due to the decrease in fish meal sales prices as well as an increased cost per unit of production in 2011 as compared to 2010. NAICS Code 311,3117. Omega Protein revenue is $390 M. How many employees does Omega Protein have? Net income for the fourth quarter ended December 31, 2011 was $0.6 million ($0.03 per diluted share) compared to $8.3 million ($0.44 per diluted share) for the same period last year. OmegaEquis fish oil is a highly-refined long-chain omega-3 fish oil specifically formulated as a feed ingredient or as a supplement to the horse's daily diet. Heights of the bars will help you visualize the revenue by year. 600 University Street Suite 1400, Seattle, Washington, United States. Web page addresses and e-mail addresses turn into links automatically. . OMEGA PROTEIN CORPORATION (Subsidiary) Company Profile, Corporate Revenues, Growth, Market Size, Analysis, Business Forecasts, Market Share, Metrics, SWOT. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. For more than 100 years, Omega Protein has delivered quality ingredients that improve the nutritional integrity of food, supplements and animal feed to allow consumers and their families to live healthier lives with better nutrition. Omega Protein Financials Summary financials Revenue ( Q3, 2017) $90.3M Gross profit ( Q3, 2017) $13.8M Net income ( Q3, 2017) $918.0K Cash ( Q3, 2017) $21.0M EBIT ( Q3, 2017) $691.0K Competitors and similar companies Metagenics Healthcare - Subsidiary Vital Proteins Healthcare - Private Premier Research Labs Healthcare - Private Neo Life In addition, Cyvex contributed $10.3 million of revenue to the six months ended June 30, 2012 as compared to $7.0 million for the six months ended June 30, 2011. MSC certification January 21, 2019 ABBEVILLE, La. Do you want to save inaccuracy in companys information? As Peru has recently accounted for roughly 30% of global fish meal supply, the cut was a huge boon to Omega Protein, which saw revenue rise 19% and gross profit 36% in Q1 2013 on the back of a 30% . The certification comes after a final approvalby an independent adjudicator, who Monday, July 8, 2019 5:40 PM MOSS POINT, MS / ACCESSWIRE / July 8, 2019 /Today, Omega Shipyard, a subsidiary of Omega Protein, christened the F/V Southern Star, the latest ship to come out of its Moss Point, Mississippi shipyard. Now,. Founded. industry. Omega Protein peak revenue was $390.8M in 2021. 338 talking about this. Omega Protein Announces Second Quarter 2013 Financial Results HOUSTON, Aug. 6, 2013 /PRNewswire/ Omega Protein Corporation (NYSE:OME), a nutritional product company and a leading integrated producer of omega-3 fish oil and specialty protein products, today announced results for the second quarter ended June 30, 2013. The report concludes with few aspects on future trends in seafood . Incorporated in 1913, Omega Protein belongs to the Health & Wellness industry and specialises in Fish Oil, Fishmeal, Nutraceuticals, Nutritional Ingredients, Omega-3S, Protein Ingredients, Specialty Oils. The second column shows revenue in absolute dollars while the third column shows the inflation (CPI . Fish oil sales prices increased 28% compared to the fourth quarter of 2010. . We believe healthy, sustainable ingredients are essential to good health and nutrition, and sourcing quality ingredients is just the responsible thing to do. These vital feed nutrients are passed on to human consumption in the form of sustainable, farm-raised seafood, and pork. Omega Protein has 1,150 employees, and the revenue per employee ratio is $339,853. 11 Production and Supply Forecast 11.1 Global Forecasted Production of Organic Flax-based Protein by Region (2023-2028) 11.2 North America Organic Flax-based Protein Production, Revenue Forecast . . The second quarter of 2012 effective tax rate was 34.0 percent compared to 32.1 percent in the first quarter of 2012 and 35.3 percent in the same period last year. Kona Equity is in no way affiliated with Omega Protein. All rights reserved. Net income for the second quarter of 2012 was $2.5 million ($0.13 per diluted share) compared to $1.8 million ($0.09 per diluted share) for the first quarter of 2012 and $22.9 million ($1.14 per diluted share) for the same period last year. In addition, on a comparable basis gross profit as a percentage of revenues for the fourth quarter of 2010 benefited significantly from greater than anticipated inventory production after September 30, 2010. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Get Omega Protein company's verified web address, revenue, total contacts 38, industry Healthcare, Pharmaceuticals, & Biotech and location at Adapt.io . The 2011 net income results include $26.2 million of pre-tax final settlements with the Gulf Coast Claims Facility (GCCF) related to the 2010 Gulf of Mexico oil spill disaster and $0.8 million for a pre-tax settlement with the Company's former insurance broker. The Omega-3 Market Research Report Forecast 2022-2032 is a valuable source of insightful data for business strategists. Omega Protein is the leading, vertically integrated producer in the United States of omega-3 rich fish oil, protein-rich specialty fishmeal, and organic fish solubles for livestock and aquaculture feed manufacturers. Selling, general and administrative expenses for the fourth quarter of 2011 increased $3.6 million to $8.4 million compared to $4.8 million in the fourth quarter of 2010. The increase in selling, general and administrative expenses is primarily due to the addition of Cyvex's and InCon's combined related expenses of $0.9 million and $1.4 million of increased employee compensation related costs including stock option and restricted stock compensation expense. The Analysts Take: Global supplement sales growth remains healthy, 5 supplements that blend vitamins K2, D3 to support cardio health. Six Month 2012 Results Cyvex's results declined slightly from a gross profit of $1.7 million, or 43.7 percent as a percentage of revenues, in the second quarter of 2011. The second quarter of 2012 also includes $1.7 million of gross profit from Cyvex, or 40.1 percent as a percentage of Cyvex's revenues, compared to $2.4 million of gross profit and 39.4 percent in the first quarter of 2012. Registered in England and Wales. To contact our editorial team please email us at 10 Ratings. Informa Markets, a trading division of Informa PLC. REEDVILLE, VA / ACCESSWIRE / September 14, 2021 / Last week, there was an unfortunate incident in the Chesapeake Bay leading to a fish spill from a vessel fishing for Omega Protein. 02/04/2022. Our menhaden fish oil contains 34% total omega-3 fatty acids with a balanced concentration of EPA and DHA. Omega Protein beats by $0.06, beats on revenue SA News Wed, Aug. 02, 2017 1 Comment Omega Protein Corporation SEC Filing - Quarterly Report (10-Q) August 02, 2017

Will A 5000 Watt Generator Run A Furnace, Mysql Shutdown Unexpectedly, Synthesis Of Biodiesel From Vegetable Oil, Dwarf Fortress Guild Hall, Courgette Recipes Soup, How To Compare Two Folders In File Explorer,