One of the biggest factors some investors use when deciding on a growth investment is the exchange the stock trades one, which is why being on the NYSE or Nasdaq is such a big deal for many growing companies.
One company we’ve found incredibly interesting is Camber Energy (CEI). CEI 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.
Another reason you should research CEI right away is because 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. Which 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. Start your research now.
Today we’re highlighting: Camber Energy, Inc. (CEI), PBF Energy, Inc. (PBF), Sunoco LP (SUN), Concho Resources Inc. (CXO), Noble Energy, Inc. (NBL).
Camber Energy, Inc. (CEI) (Market Cap: $4.597M Share Price: $0.23) 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, specialty construction and upstream, midstream and downstream field services.
PBF Energy Inc. (PBF) (Market Cap: $3.11B Share Price: $25.76) announced its earnings results for the first quarter 2019 on Wednesday, May 1, 2019. The Parsippany, New Jersey-based company said it had profit of $1.89 per share. Losses, adjusted for non-recurring gains, were $1.18 per share. The results did not meet Wall Street expectations.
PBF Energy Inc. is one of the largest independent refiners in North America, operating through its subsidiaries, oil refineries, and related facilities in California, Delaware, Louisiana, New Jersey, and Ohio. Their mission is to operate their facilities in a safe, reliable, and environmentally responsible manner. To provide employees with a safe and rewarding workplace. As well as become a positive influence in the communities where they do business, and provide superior returns to their investors. PBF Energy Inc. also currently indirectly owns the general partner and approximately 54% of the limited partnership interest of PBF Logistics LP.
Attis Industries (ATIS)(Market Cap: $6.569M/ Share Price: $1.91), this diversified innovation and technology holding company today announced that it completed the acquisition of the corn ethanol plant and grain malting operation in Fulton, New York from Sunoco LP (SUN). The ethanol plant immediately becomes an essential element of Attis’ current operations and will be pivotal in the Company’s expanding technology portfolio as it develops the site into a state-of-the-art Green Tech campus.
Concho Resources Inc. (CXO) (Market Cap: $19.597B Share Price: $98.40) will host a conference call on Thursday, August 1, 2019 at 8:00 AM CT (9:00 AM ET) to discuss second-quarter 2019 financial and operating results. The Company plans to announce results for the second quarter of 2019 on Wednesday, July 31, 2019, after close of trading.
Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company’s principal operating areas are located in the Permian Basin of southeast New Mexico and west Texas. As of December 31, 2018, its estimated proved reserves totaled 1.2 billion barrels of oil equivalent. The company was founded in 2006 and is headquartered in Midland, Texas.
Noble Energy, Inc. (NBL) (Market Cap: $9.938B Share Price: $20.78) reported a bigger-than-expected quarterly loss on lower oil and gas prices and forecast second-quarter production below analysts’ estimates. Noble, which operates in the DJ basin in Colarado, Permian’s Delaware basin, and Texas’ Eagle Ford in the United States, said realized prices fell 13 percent to $53.46 per barrel of crude and condensate from its onshore operations in the United States, its largest. Adding to its woes, Noble also forecast current-quarter sales volumes of 332,000 barrels of oil equivalent per day (boepd) to 347,000 boepd, missing the consensus estimate of 348,430 boepd, according to IBES data from Refinitiv.
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids worldwide. The company owns, operates, develops, and acquires domestic midstream infrastructure assets in the DJ and Delaware Basins. Its principal assets are located in the US onshore unconventional basins and various global offshore conventional basins in the Eastern Mediterranean and off the west coast of Africa.
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.
Full Legal Disclaimer Click Here.
Company Name: ACR Communication LLC.
Contact Person: Media Manager
Country: United States