December 5, 2018 - 10:00 AM EST
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Announcements That Might Signal Bullish Trends

HENDERSON, NV / ACCESSWIRE / December 5, 2018 / Below are a few stocks that have made major announcements recently. These companies could be serious winners in the near term.

Today we are highlighting: Camber Energy, Inc. (CEI), Northern Oil & Gas, Inc. (NYSE American: NOG), Green Thumb Industries, Inc. (GTBIF), Charlotte's Web Holdings, Inc. (OTCQX: CWBHF), and Transocean Ltd. (NYSE: RIG).

U.S. natural gas prices are at the highest levels since 2014. While this is sometimes seen as a bad thing for gas stocks which are at their lowest levels in over a decade, some companies are bucking the trend by utilizing fiscal discipline which is not always common in the industry.

Investors are rewarding companies that show the ability to keep their interests in mind in the best and worst of times. It is a good harbinger for how said companies will fare as renewables continue to grow. Smart investors have seen the arbitrage opportunity grabbing up undervalued companies keeping their balance sheet shareholder friendly.

Camber Energy, Inc. (CEI) (Market Cap: $21.2 61 M Share Price: $0.17), a Houston-based independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids, just turned a nearly $30 million shareholders' deficit into $2.3 million of positive shareholders' equity. Increasing liquidity, extinguishing debt and fast tracking the company for regaining NYSE American compliance, as stated by the company's latest announcement, are some of the reasons why CEI could be a bull in the near term. CEI just announced the execution of a non-binding memorandum of understanding in connection with the contemplated acquisition of an asset located in Greely and Hamilton Counties, Kansas for a purchase price of $4,000,000 in equity. If the transaction closes, CEI will acquire working interests which include up to approximately 30,000 net leasehold acres in Greely and Hamilton Counties, Kansas! The acquisition will also include some existing production and the required infrastructure and equipment necessary to support future hydrocarbon production.

After clearing its books, this new project will receive all of their attention and could be a boon for CEI investors.

Oil & Gas play, Northern Oil & Gas, Inc. (NOG) (Market Cap: $989.951M Share Price: $2.58), recently announced their 3rd quarter results including third-quarter production averaged 26,708 Barrel of Oil Equivalent (BOE) per day, an increase of 74% year-over-year and 27% sequentially. Increasing fourth quarter production guidance to a range of 35,000 - 36,000 BOE per day, an increase of over 100% year-over-year and 30% sequentially.

Another company releasing their 3rd quarter numbers, Green Thumb Industries, Inc. (GTBIF). (Market Cap: $1.31B Share Price: $8.70), a national cannabis consumer packaged goods company and owner-operator of the high growth national retail chain RISE™, recently reported its financial results for the third quarter ended September 30, 2018. Third quarter 2018 revenues increased 344% year-over-year to $17.2 million. Quarter-over-quarter revenues increased 26%.

Charlotte's Web Holdings, Inc. (CWBHF) (Market Cap: $159.374M, Share Price: $9.04), the market share leader in hemp-based CBD wellness products, recently reported their third quarter results. The company saw revenue growth of 57% to $17.7 million, gross profit (before biological asset adjustments) increased 54% to $13.8 million, and an adjusted EBITDA increased 23% to $5.4 million or 31% of its consolidated revenue. Wellness combined with hemp seems like a winning combination.

Transocean Ltd. (RIG) (Market Cap: $4.305B Share Price: $9.32) just announced that its shareholders approved the acquisition of Ocean Rig UDW Inc., by approving the proposals presented at Transocean's Extraordinary General Meeting.

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. 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 microcapspecultors.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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Contact Information:

Company Name: Microcap Speculators

Contact Person: Media Manager

Email: [email protected]

Phone: 1-702-720-6310

Country: United States

Website: http://microcapspeculators.com/

SOURCE: Regal Consulting, LLC


Source: ACCESSWIRE Investor Awareness (December 5, 2018 - 10:00 AM EST)

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