HOUSTON, Oct. 31, 2017 /PRNewswire/ -- EMEX, LLC, a leading energy risk management firm powered by the latest technology, today announced its energy sales and financial results through the end of the third quarter of 2017. Further capitalizing on its acquisition activity and the operational efficiencies created by ongoing improvements to its state-of-the-art platform, EMEX achieved a 43% increase in revenue as compared to the first three quarters of 2016 and a 143% increase in net income as compared to the same period, as reported by Kevin McAlpin, Vice President of Finance.
EMEX's President and Chief Operating Officer, Daniel Marzuola, declared, "We are thrilled with the continued positive results achieved through the collective efforts of our employees and partners. EMEX is positioning itself to sustain impressive growth with both the launch of EMEX Utility Group, which has conducted its first auctions in the wholesale space, and the creation of our newest subsidiary, Subastas de Energía, which will assist commercial and industrial consumers in Mexico with the procurement of electricity and natural gas."
One of the largest energy brokers in North America, EMEX currently has approximately 14 billion kWh and 130 million therms under contract. Utilizing advanced auction technology to facilitate energy transactions and provide clients with exceptional market transparency, EMEX is changing the way consumers secure their future energy needs. For additional information, please visit the EMEX website at: https://energymarketexchange.com/.
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SOURCE EMEX, LLC