Las Vegas, NV -- June 3, 2019 -- InvestorsHub NewsWire --
via MicrocapSpeculators.com
Last week, oil hit two-month lows and gas notched a loss as
well, however, some companies in the sector look like they are
seeing tailwinds.
Camber Energy (CEI)
is one of them. CEI is finalizing closing documents for the
planned combination transaction of Lineal Star
Holdings www.LinealStar.com, which the company expected to
complete by Friday, May 31, 2019. This means we could hear
news on this any day. It has already received preliminary
non-binding approval from the staff of the NYSE American of the
planned terms. Lineal's primary operating subsidiary has been
in the pipeline integrity, construction and services industry for
64 years. It has Master Service Agreements in Pennsylvania, Ohio
and West Virginia, with planned growth in Texas, the Gulf South and
Mid-Continent.
Lineal Star Holdings also announced that it has signed a
non-binding letter of intent to purchase a Houston based
Engineering and Procurement firm. Camber has further been
advised that the acquisition is designed to expand Lineal's current
service offering to a full range of engineering, procurement,
specialty construction and upstream, midstream and downstream field
services. This is big news for CEI. Start your research
now.
Today we’re highlighting: Camber Energy, Inc. (CEI),
Pacific Ethanol, Inc. (PEIX),
Marathon Petroleum Corporation (MPC),
Helmerich & Payne, Inc. (HP),
and Cabot Oil & Gas Corporation (COG).
Camber Energy, Inc. (CEI)
(Market Cap: $4.347M; Share Price: $0.2175) has
worked very hard recently to improve their standing with the NYSE
American and spent a lot of 2018 cleaning up its balance
sheet. Their hard work is starting to receive recognition as
CEI received a letter from the NYSE American about regaining
several of their continued listing standards.
_________
Pacific Ethanol, Inc. (PEIX)
(Market Cap: $48.358M; Share Price: $0.9697) announced
last month that Pacific Ethanol Pekin, LLC and Kinergy Marketing
LLC, each a direct or indirect wholly-owned subsidiary of Pacific
Ethanol, Inc., entered into amendments to their credit agreements
and related agreements with their respective lenders which returns
Pekin to full compliance with its credit facility and provides
additional liquidity under the Kinergy credit agreement to help
facilitate the company’s strategic initiatives.
Pacific Ethanol, Inc. produces and markets low-carbon renewable
fuels and alcohol products in the United States. The company
operates in two segments, Production and Marketing. It
produces and markets ethanol, and co-products, such as wet and dry
distillers’ grains, wet and dry corn gluten feed, condensed
distillers soluble, corn gluten meal, corn germ, corn oil,
distillers’ yeast, and CO2, as well as markets ethanol produced by
third parties.
_________
For the second consecutive year, Marathon Petroleum
Corporation (MPC)
(Market Share: $30.474B; Share Price: $45.99) has
earned the U.S. Environmental Protection Agency, ENERGY STAR
Partner of the Year award, which recognizes not just top-tier
energy efficiency across its business, but also excellent
environmental compliance.
It recently announced that its wholly owned subsidiaries,
including Speedway LLC, have entered into a definitive purchase
agreement to acquire a 900,000-barrel capacity light product and
asphalt terminal and 33 NOCO Express retail stores in Buffalo, New
York, from NOCO Incorporated. "This acquisition supports MPC's
Midwest product placement strategy and builds upon prior
investments, including Speedway's acquisition of 78 Express Mart
locations in western New York, to maximize our refinery
utilization," said MPC Chairman and Chief Executive Officer Gary R.
Heminger.
_________
Helmerich & Payne, Inc. (HP)
(Market Cap: $5.405B; Share Price: $48.91) has an
expected earnings growth rate of 1,107.4% for the current
year. The Zacks Consensus Estimate for the current year has
improved 32.3% over the past 60 days. Helmerich & Payne
Inc. primarily engages in drilling oil and gas wells for
exploration and production companies and has a Zacks Rank #2.
The company operates through U.S. Land, Offshore, and International
Land segments.
_________
Cabot Oil & Gas Corporation (COG)
(Market Cap: $10.591B; Share Price: $25.02) has
an expected earnings growth rate of 63.9% for the current year and
the Zacks Consensus Estimate for the current year has improved 7.1%
over the past 60 days. It recently announced the best year of
its nearly three-decade public company history that provided record
financial results, the culmination and in-service of several
long-dated infrastructure initiatives, and continued momentum on
the free cash flow front. Cabot Oil & Gas Corporation, an
independent oil and gas company, explores for, exploits, develops,
produces, and markets natural gas, oil, and natural gas liquids in
the United States and carries a Zack Rank #2. It primarily
focuses on the Marcellus Shale with approximately 174,000 net acres
in the dry gas window of the play located in Susquehanna County,
Pennsylvania.
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a six-month term
consulting agreement with CEI dated 11/15/18. The agreement
calls for $28,000 in cash, and 200,000 restricted 144 shares of CEI
per month. Regal Consulting and CEI have agreed to
amend the current agreement and extend it until October 2019, the
amendment calls for $50,000 in cash, and 50,000 restricted 144
shares of CEI. All payments were made directly by Camber
Energy, Inc. to Regal Consulting, LLC. to provide investor
relations services, of which this article is a part of. Regal
Consulting also paid one thousand dollars cash to
microcapspeculators.com to distribute this article. Regal
Consulting may have a position in the securities mentioned in this
article at the time of publication, and may increase or decrease
its position without notice. This article is based on public
information and the opinions of Regal Consulting. CEI was
given an opportunity to edit this article. This article
contains forward-looking statements that are subject to certain
risks and uncertainties that could cause actual results to differ
materially from any results predicted herein. Regal
Consulting is not registered with any financial or securities
regulatory authority, and does not provide or claim to provide
investment advice.
http://www.regalconsultingllc.com/full
legal disclaimer/
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