Oil prices rose as tensions between Iran and the United States as President Trump approved an attack, and quickly rescinded.
As reported by the New York Times, President Trump had ordered an attack on Iran late Thursday evening; however, as the aircrafts were en route to their target, he urged them to come back. He quickly took to social media to state his reasoning for terminating the deal was centered on the fact that too many people would have died.
To add fuel to the fire, a refinery explosion early Friday in Pennsylvania provided an even higher boost to U.S. gasoline prices.
The accident has placed tension on gasoline prices as the demand for gasoline in the United States hit an all-time high last week.
As the market for oil continues to climb, there is one company in particular that we’d like to pay special attention to: Camber Energy, Inc. (CEI) (“Camber”).
Camber is an independent, growth-oriented oil and gas company based in Houston, Texas, engaged in the development of crude oil, natural gas, and natural gas liquids.
Today we’re highlighting: Camber Energy, Inc. (NYSE American: CEI), Equinor ASA (NYSE: EQNR), JXTG Holdings, Inc (OTCPINK:JXHLY), Royal Dutch Shell plc (NYSE: RDS-A), NextEra Energy, Inc. (NYSE: NEE).
Camber Energy, Inc. (NYSE American: CEI), (Market Cap: $3.098M; Share Price: $0.15), Camber Energy is a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids in the Texas Panhandle as well as other basins. CEI acquired over 13,000 net acres in the liquid-rich Hunton formation in Central
Oklahoma, and 553 net acres in the Permian Basin of Texas pursuant to the Company’s transaction with Segundo Resources, et al., which closed in August of 2016. In January 2017, they established an initial leasehold position by acquiring 3,630 net acres in pursuit of the San Andres play on the Central Basin Platform region of the Permian Basin. This expands the Company’s exposure and its asset base in the Permian.
Equinor ASA (NYSE: EQNR), (Market Cap: $67.103B; Share Price: $20.25), Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments. It also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; markets and trades in electricity and emission rights; and operates refineries, processing and power plants, and terminals. In addition, the company develops wind, and carbon capture and storage projects, as well as offers other renewable energy and low-carbon energy solutions.
JXTG Holdings, Inc (OTCPINK:JXHLY), (Market Cap: $12.128B; Share Price: $9.57), JXTG Holdings was established on April 1, 2010, through the joint share transfer by Nippon Oil Corporation and Nippon Mining Holdings, Inc. On July 1, 2010, all the businesses of both Group Companies were integrated, restructured and reorganized under JX Holdings, resulting in the incorporation of three core business companies: Petroleum Refining and Marketing Business Company, Oil and Natural Gas Exploration and Production Business Company, and Metals Business Company.
Royal Dutch Shell plc (NYSE: RDS-A), (Market Cap: $289.487B; Share Price: $65.70), Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, LNG, crude oil, electricity, carbon-emission rights; and markets and sells liquefied natural gas as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such as gasoline, diesel, heating oil, aviation fuel, marine fuel, biofuel, lubricants, bitumen, and sulphur; produces and sells petrochemicals; and manages oil sands activities.
NextEra Energy, Inc. (NYSE: NEE), (Market Cap: $99.403B; Share Price: $207.55), NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, natural gas pipelines, and battery storage projects; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2018, the company operated approximately 24,500 megawatts of net generating capacity. It serves approximately 10 million people through approximately 5 million customer accounts in the east and lower west coasts of Florida with approximately 75,200 circuit miles of transmission and distribution lines and 645 substations.
Camber holds nearly 15,000 net drilling acres within the United States alone. They are also in the process of acquiring Lineal Star Holdings for their midstream and downstream pipeline integrity services, making them a favorable investment option in terms of production quality and sustainability.
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. 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.
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