SOURCE: EMEX, LLC

EMEX, LLC

August 02, 2016 08:00 ET

EMEX Reports Record Second Quarter 2016 Results

HOUSTON, TX--(Marketwired - August 02, 2016) - EMEX, LLC, a leading energy risk management firm powered by the latest technology, today announced its energy sales and financial results for the second quarter of 2016. The Company posted a 26% Gross Sales increase and a 34% Net Sales increase compared to the same time period in 2015. These results marked the 14th consecutive quarter where both Gross and Net Sales increased year over year. Electric term sales volumes increased 21% while Natural Gas term volumes increased over 4% compared to the same time period in 2015. EMEX also realized a substantial decrease in customer refunds from supplier delays and missed enrollments through its recently enhanced customer enrollment tracking technology.

EMEX's forward receivable book has increased by 8% in the second quarter and 41% over the last 12 months. "Record sales in the first half of 2016 resulted in the best first half of any year since the inception of EMEX, and we've posted a healthy 25% growth in sales over the first half of 2015. These results are attributed to renewing key clients and securing consulting agreements with multiple major national and international companies. We have a steady deal pipeline projected for the second half of the year, and are set up for yet another strong year-over-year percentage increase in sales," commented President, Daniel Marzuola.

About EMEX, LLC
EMEX, LLC is a leading energy consulting firm, specializing in delivering unique solutions to help clients nationwide understand and manage their energy risk exposure. Drawing upon over a century of energy market expertise and utilizing technology to facilitate energy transactions and provide EMEX clients with exceptional market transparency, EMEX is changing the way consumers secure their future energy needs.

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