Energy Stocks Delivering Value

February 26, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Last quarter, as the sector got hammered, energy stocks delivered the biggest earnings growth in the broad market – showing that the heavily discounted sector still holds a lot of growth potential for investors.

These stocks are also some of the most undervalued opportunities in the market, making them attractive to value investors.

One energy company which we believe provides value to its shareholders, Camber Energy (CEI), turned a nearly 30 million shareholders’ deficit into $2.3 million of positive shareholders’ equity, increasing liquidity and extinguishing debt. This, among several other steps, is why CEI just received a letter from the NYSE American about regaining compliance with several of the NYSE American’s continued-listing standards. 

Today we are highlighting: Camber Energy, Inc. (CEI), Petroleo Brasileiro S.A. (NYSE: PBR), Concho Resources, Inc. (NYSE: CXO), Patterson-UTI Energy, Inc. (NASDAQ: PTEN), and Torchlight Energy Resources, Inc. (TRCH).

We mentioned above that, Camber Energy, Inc. (CEI) (Market Cap: $5.957M, Share Price: $0.4723) spent a lot of 2018 cleaning up the Company and improving its efficiency.  Along with extinguishing shareholder debt, the Company completed a one-for-twenty-five reverse stock split.

So far in 2019 they are on a positive track.

Oil & Gas investors seeking competent fiscal management should research CEI.

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Brazil's Energy and Mines Minister, Bento Albuquerque, said on Thursday that a long-awaited auction of the so-called transfer-of-rights area in which oil company Petroleo Brasileiro S.A. (NYSE: PBR) (Market Cap: $99.934B, Share Price: $16.24) operates, could happen in the last quarter of 2019.  
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Concho Resources, Inc. (NYSE: CXO) (Market Cap: $21.642B, Share Price: $108.82) filed its latest 10-K with SEC for the fiscal year ended on December 31, 2018.  Concho Resources Inc. is an oil and natural gas company. It is engaged in the acquisition, development, exploitation and exploration of producing oil and natural gas properties. It operates in the Delaware Basin. Concho Resources Inc. has a market cap of $22.52 billion.
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Patterson-UTI Energy, Inc. (NASDAQ: PTEN) (Market Cap: $3.023B, Share Price: $14.18) recently reported fourth-quarter adjusted net loss per share of 4 cents, narrower than the Zacks Consensus Estimate of 14 cents. The better-than-expected results can be attributed to increase in day rates and rig margins, which in turn supported its contract drilling segment. The Company’s performance also improved from the year-ago loss of 10 cents per share. 
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Torchlight Energy Resources, Inc. (TRCH) (Market Cap: $124.099M, Share Price: $1.77), announced that the Company and its operating partner, Maverick Operating, have completed the drilling phase of all three wells in the drilling plans set out in Q4.  The Company was able to confirm several new potential Wolfcamp pay zones in addition to the existing Penn Silt formation.  Most importantly, the Company has confirmed a deep structure in the Atoka formation on the Maverick A24 #1 well.

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 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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