The US is one of the world’s largest oil producing nations. It also has some of the best growth opportunities. As much as people want clean energy, oil and gas are here to stay.
Today’s Feature: Camber Energy (CEI) the company 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.
CEI also just announced the company received a letter from the NYSE American advising the Company that it had regained compliance with all of the NYSE American LLC continued listing standards set forth in Part 10 of the NYSE American Company Guide. This will open the company up to a host of investors who would’ve otherwise avoided the stock. Start your research now.
Today we’re highlighting: Camber Energy, Inc. (CEI), Exxon Mobil Corporation (XOM), TOTAL S.A. (TOT), BP p.l.c. (BP), and Next Era Energy (NEE).
Camber Energy, Inc. (CEI) (Market Cap: $4.307M Share Price: $0.2155) has worked very hard recently to improve their standing with the NYSE American and spent a lot of 2018 cleaning up its balance sheet. As we mentioned earlier, their hard work has paid off.
The company’s proposed acquisition 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, and specialty construction as well as upstream, midstream, and downstream field services.
Exxon Mobil Corporation (XOM) (Market Cap: $314.412B Share Price $74.31) missed on top and bottom-line expectations but is only down a bit. Since the company rallied quite a bit over the past few months, XOM shareholders are pleasantly surprised it’s not down more.
TOTAL S.A. (TOT) (Market Cap: $139.835B Share Price: $53.35) This Board of Directors on April 25, 2019 declared the distribution of the first 2019 interim dividend at an amount of €0.66/share, an increase of 3.1% from the 2018 interim dividends paid and the proposed final dividend, in accordance with the shareholder return policy from 2018 to 2020.
BP p.l.c. (BP) (Market Cap: $144.228B Share Price: $41.61) has signed a deal to explore for oil and gas off the coast of Gambia in a potential economic boom for the tiny West African country. Despite another producer says it owns the rights to the same license. BP was awarded the license to the A1 block, the Gambian government said late on Tuesday, a deal which comes as producers seek to emulate oil and gas finds in neighboring Senegal and Mauritania that have attracted oil majors from across the globe.
NextEra Energy, Inc. (NEE) (Market Cap: $98.546B Share Price: $205.76) NextEra Energy, Inc. has been recognized as one of Forbes’ America’s Best Employers for the fourth consecutive year. NextEra Energy, whose businesses include Florida Power & Light Company, Gulf Power Company, and NextEra Energy Resources LLC, is one of only 1,000 employers to receive this honor across the U.S. 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 as well as it owns, develops, constructs, manages, and operates electric generation facilities in wholesale energy markets. It owns two electric companies in Florida: Florida Power & Light Company, which serves more than 5 million customer accounts in Florida and is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold; and Gulf Power Company, which serves more than 460,000 customers in eight counties throughout Northwest Florida. NextEra Energy also owns a competitive energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun. NextEra is a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa, and Wisconsin. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune’s 2019 list of “World’s Most Admired Companies” and ranked among the top 25 on Fortune’s 2018 list of companies that “Change the World.”
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 hundred 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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