Stocks Benefitting from Recent News

HENDERSON, NV / ACCESSWIRE / December 18, 2018 / OPEC has finally put an end to the ongoing speculations regarding oil supply glut and prices with a move to curb output by a total of 1.2 million barrels per day (BPD) from the highs reached in October, essentially for the first half of 2019.

In other news, the recent Farm Bill has made cannabis plays extremely hot. Here are a few stocks we like in each industry.

Today we are highlighting: Camber Energy, Inc. (CEI), Transocean Ltd. (RIG), Northern Oil & Gas (NOG), Medical Marijuana, Inc. (MJNA), and Hemp, Inc. (OTC PINK: HEMP).

U.S. natural gas prices are at the highest levels since 2014. OPEC's decision may not help this. 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 such 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: $19. 109M, Share Price: $0.1345) 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. Why we think CEI, a Houston based, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids, could be a bull in the near term is the company's latest announcement. CEI recently 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.

The company also received an extension from NYSE American to meet listing requirements which is great news for investors especially considering the company's recent uptick in activity.

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

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Oil & Gas play, Transocean Ltd. (RIG) (Market Cap: $4.454B, Share Price: $7.31), just announced that its shareholders approved the acquisition of Ocean Rig UDW Inc., by approving the proposals presented at Transocean's Extraordinary General Meeting. 161m

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Another oil & gas stock to watch is Northern Oil & Gas (NOG) (Market Cap: $858.105M, Share Price: $2.28) who 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. 15m

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Medical Marijuana, Inc. (MJNA) (Market Cap: $329.478M, Share Price: $0.0924), the first-ever publicly traded cannabis company in the United States, announced November as the largest-ever (unaudited) sales month in its history. Subsidiaries Kannaway® and Phyto Animal Health have also booked their largest-ever (unaudited) sales month in their history in November of 2018.

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Hemp, Inc. (HEMP) (Market Cap: $29.558M, Share Price: $0.0392) entered into a majority ownership agreement with JNV Farms LLC for the hemp cultivation and processing company in Medford, Oregon. As the majority owner of the, now fully functional, hemp cultivation and processing company, Local Processing Center, Inc. (LPC), Hemp, Inc. will be able to create a pipeline of industrial hemp and hemp products in states where legal, on the West Coast.

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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