Basic Materials

Amyris Inc AMRS Stock News

Amyris Inc (NASDAQ: AMRS)

Amyris is one of my favorite companies to watch. I started to follow the stock last year, and I was astounded by what I found. With strong collaborations and products hitting the market, the company seems to be on the right path. Recently, I’ve received a few emails from followers asking if I still have the same opinion of the company. In short, the answer is YES! Today, we’ll talk about the three biggest reasons why I’m expecting to see AMRS gains ahead.





Reason #1: Work Done By AMRS In 2016 Will Likely Lead To Massive Profits Ahead

In previous articles, which can be viewed by clicking on the ticker tag link at the top of this article, I made it a point to outline recent collaborations and the potential for these collaborations to turn into revenue for Amyris. Now, the company has products that are starting to hit the market, which will likely turn this revenue potential into a reality.

As a result of these collaborations and launching products, AMRS is expecting to see massive revenue growth over the next 3 years. In fact, the company recently said that it is expecting to grow its revenue to $600 million by the year 2020. That’s a massive jump from the 2017 revenue expectation of $87 million.

Reason #2: Coming Earnings Will Likely Rally The Troops!

Lately, things haven’t been looking great for the stock. Due to recent moves leading to dilution, shorts have been all over this thing for a couple of weeks now. However, I believe that this is going to change very soon. In fact, on March 2nd, AMRS will be releasing its earnings report for the fourth quarter and full year.

This report is likely to be a big one for Amyris. In fact, if the company is able to hit its own projections, it will report a record quarter and full year. It is also expected – by investors and analysts alike – that the company will announce strong guidance, mirroring the path toward the strong growth projections through 2020. If all goes as planned, this report is likely to send the stock skyrocketing as confidence is reinstated in the minds of AMRS investors.

Reason #3: The Books Are About To Get Cleaned!

It’s no secret that AMRS could be doing better when it comes to the books. At the end of the day, there is fat to be trimmed and money to be saved. However, it looks like that’s likely to happen sooner rather than later. Recently, the company announced the appointment of Kathleen Valiasek as the new Chief Financial Officer.

Valiasek is a senior finance and business executive. She brings with her 20 years of experience in assisting start-up, venture-backed, and Fortune 500 companies. This experience will be great for the company, and likely lead to a better overall financial position ahead. In a statement, Valiasek had the following to offer with regard to her new position within the company:

I’m excited to join Amyris at a time when it is so well positioned as a leader in the sector by nature of its strong technology platform and revenue growth rate… I look forward to leveraging my skill set to continue to improve the company’s operating metrics, balance sheet and financial position.”




Don’t Listen To Me, Listen To The CEO

It’s clear that management at AMRS is incredibly happy about the direction of the company. In fact, in a press release that was released a few days ago, John Melo, President and CEO at AMRS, had the following to offer:

We are pleased to have achieved a record year of revenue growth, and having completed all of the 2016 strategic milestones we set out too, and we continue to make good progress on our debt structure by having resolved our near-term debt maturity issues in pushing out approximately $44 million in debt as announced just before year end… Also, we are meeting our expectations in securing collaborations that will result in future product sales and this is accelerating our growth rate.

As one of the fastest growing companies in our sector we are now transitioned away from commodity-related product sales, which in 2016 comprised less than one percent of total revenue. During the year, our business was driven by robust product sales growth within the health and nutrition, fragrance and cosmetic ingredients and performance materials markets. This transformation along with growing recognition of our capabilities to disrupt large global markets has led to commercial momentum and more inbound business development inquiries than ever before, which will support another year of record revenue in 2017.

The Bottom Line

The bottom line here is that AMRS is in a position where growth is highly likely. With the strong collaborations the company has been getting involved in, and a continued drive to push toward further success, this stock looks like it’s likely to climb ahead.

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Viking Investments Group, Inc. VKIN Stock News

Prior to 2017, few investors thought that Viking Investments (VKIN) would have the fortitude to become a potential break out star in oil and gas exploration in the Mid-continent territory. But,so far in 2017, VKIN is performing quite well and has been true to their revitalization plan to enhance shareholder and company value.





Since the beginning of the year, VKIN has remained focused on streamlining its capital structure, securing optimal sources for financing, and has been active in building relationships through its wholly owned subsidiary, Mid-Con Petroleum, LLC.

Earlier in the week, VKIN announced further expansion into the Mid-continent corridor, taking advantage of its ownership in over 6000 acres of land, and leveraging toward the potential to share in operating revenue from the over 1000 existing wells operated by S&B Operating, LLC. and Kansas Resource Development Company (KRDC).

VKIN To Launch Enhancement Initiative

According to their press release on Thursday, VKIN is once again on the move, assembling the pieces to advance a productive 2017. With assistance from S&B Operating, Mid-Con has completed a performance review of all of its existing producing leases in the state of Kansas. This review has led Mid-Con to identify relatively low cost methods to improve production, including stimulating inactive or inefficient water injectors, a necessary measure to initiate, enhance, and generate consistent product flow.

The initial phase of the enhancement project is anticipated to focus upon three of Mid-Con’s leases, L. Wilson, Wilson A, and Terbrock. It is expected that ten injectors will be stimulated in the project with production levels expected to be increased between 20-25% after the initiative is completed. The project is expected to commence on or about February 20, 2017, and will be led by KRDC’s management team, who specialize in formulating and operating water flood enhanced oil recovery programs.




Viking Interests

VKIN owns approximately 6000 acres of land in Kansas and Missouri, with additional ownership of oil and gas leases in Alberta, Kansas and Missouri.

While the company has completed a couple of acquisitions in 2016, management has indicated that much of the past twelve months has been more about putting key building blocks in place to nurture a seamless and efficient growth model. VKIN has established credit facilities from lenders familiar with the energy sector, established relationships with investment banks, and has sourced funding groups who are interested in assisting VKIN on future deals.

Management is committed to simplifying the entire acquisition process, by identifying under-valued, revenue generating properties and turning them into efficient and profitable revenue generating machines. The company expects to engage a methodical approach to market, buying only projects that are capable of adding appreciable value to the company and do not require exorbitant amounts of capital to bring on-line.

For investors, seeing VKIN regain their footing is a welcome sight. It may be wise to keep an eye on them to see if the robust plans staged for 2017 continue to play out, at which point entertaining an investment thesis in VKIN may become warranted. In the meantime, as with any micro cap name, stay focused to fundamentals and remain appraised of any additional news through CNA Finance, your source for VKIN breaking news.

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Vanguard Natural Resources, LLC Unit VNR Stock News

Vanguard Natural Resources, LLC Unit (NASDAQ: VNR)

Vanguard Natural Resources is having an overwhelmingly rough day in the market today. When the trading session opened for the day, the stock was trading massively in the red. We found the reason for the declines, and don’t believe we’ll be seeing a recovery today. Below, we’ll talk about what we’re seeing from VNR, why, and what we’ll be watching for ahead.





What We’re Seeing From VNR

As mentioned above, Vanguard Natural Resources is having a rough day in the market today. While we’re only a couple of minutes into the trading session, the stock is already trading on massive declines. In fact, currently (9:32), VNR is trading at $0.32 per share after a loss of $0.67 per share (67.60%) thus far today.

Why The Stock Is Falling

As is usually the case, our partners at Trade Ideas were the first to inform us of the drop in value on VNR. As soon as they did, the CNA Finance team started to dig to see exactly what was causing the drop. It didn’t take long to uncover the story. It seems as though the company’s financial blues have finally reached a breaking point.




Early this morning, Vanguard Natural Resources announced that it would be filing bankruptcy. Of course, bankruptcy is never a good thing for investors. After all, very few companies actually survive bankruptcy, and investors in those that do experience very little when it comes to return of value, at least in the near term.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching VNR incredibly closely. In particular, we’re interested to see how this bankruptcy plays out. After all, how this bankruptcy goes will dictate whether or not the company will exist this time next year. Nonetheless, we’ll be following the story closely and bringing it to you as the news breaks!

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National-Oilwell Varco, Inc. NOV Stock News

National-Oilwell Varco, Inc. (NYSE: NOV)

National-Oilwell Varco was off to a relatively strong day in the market today. When the trading session opened, the stock was already trading in the green. From there, we saw some ups and some downs, but the stock maintained itself in the green. And then minutes ago, things got very interesting when the stock started to spike toward the top. Below, we’ll talk about what we’re seeing from NOV, why, and what we’ll be watching for ahead.





What We’re Seeing From NOV

As mentioned above, National-Oilwell Varco was off to a pretty good day in the market early on. The stock started the day in the green, and while there were some down times, the stock never touched the red. Then, minutes ago, things went from good to great as the stock started spiking upward. Currently (10:35), NOV is trading at $39.24 per share after a gain of $1.43 per share (3.78%) thus far today.

Why The Stock Is Spiking

As is usually the case, our partners at Trade Ideas were the first to alert us to the spike on NOV. As soon as they did, the CNA Finance team started working to see what was causing the movement. While there has been no fundamental news released by the company that would lead to such gains, we did find a rumor that we believe is the cause.


At the moment, there’s a rumor surfacing in social media that an activist investor is planning on getting involved in the National-Oilwell Varco. In fact, the rumor suggests that Pershing Square is going to be opening a large position. At the moment, these rumors are unconfirmed. It’s also very interesting when you look at the timing. In fact, the rumor broke about 2 minutes before crude oil inventory data was offered, showing inventories rose by 6.4 million BBLS compared to the 3 million expected. Nonetheless, NOV is climbing on the rumors.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching NOV incredibly closely. In particular, we’re interested in learning whether or not Pershing Square will be making a large purchase of the stock ahead and, if so, what their plans are with the company. We’ll be watching the news closely and bringing it to you as it breaks!

Update: Jim Cramer suggests NOV will be acquired by BHI in a Tweet.

Update – We’re hearing down the wire that management at National-Oilwell Varco says they have no information on any activist position. Currently, this is unconfirmed. We’ll continue to follow the story.

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Viking Investments Group, Inc. VKIN Stock News

Viking Investments Group, Inc. (VKIN) today announced that through their wholly owned subsidiary, Mid-Con Petroleum, LLC, that the company has engaged Kansas Resource Development Company (KRDC) to operate additional oil and gas related leases in the Eastern Kansas area.

As announced back on October 25, 2016, KRDC’s subsidiary, S&B Operating, LLC., had become the operator of record for certain of Mid-Con’s producing oil and gas leases. Subsequently, on November 1, 2016, S&B was appointed the operator of record for three additional producing leases which were acquired by Mid-Con in the early part of October 2016.





VKIN Mid-West Presence

VKIN’s association with KRDC brings with it potential opportunity to tap into revenues through the over 1000 wells currently under management by KRDC. KRDC, and its associated affiliates offer decades of experience in the oil and gas sector, and has established relationships with proven vendors as well as a first rate administrative and communication system to assist clients.

KDRC’s management team specializes in formulating and operating water-flood enhanced oil and recovery programs and since 2014 has spudded more wells than any other operator in the state of Kansas.

For its part, VKIN is an independent exploration and production company seeking to expand upon its already established footprint in the Mid-continent states. Currently, VKIN owns over 6000 acres of property, inclusive of oil and gas leases in Alberta, Kansas, and Missouri. VKIN’s strategy continues to focus on acquiring under-valued assets that have the potential to deliver immediate revenue generating production value.

Viking Horns In On Mid-Continent


VKIN plans to continue on its expansion strategy in 2017, taking advantage of key relationships with existing operating and producing companies. VKIN is is the process of negotiating on, and submitting bids for, five potential acquisitions that range in value from $12MM dollars to over $160MM dollars. Funding for the planned acquisitions will be realized through support of various funding groups, inclusive of taking advantage of its available funding vehicle established with local and state banking institutions.

VKIN management provided CNA Finance followers some key insight into the near and long term strategies and goals, and the entire interview with CEO, James A. Doris, can be found in our “Thought Leaders” section of the site, or by clicking here. As always, CNA Finance will keep followers appraised of any breaking news related to VKIN and/or its affiliate companies.

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Disclaimer- CNA Finance is NOT an Investment Advisor. Our goal is to bring both news and under discovered stocks to the attention to investors to assist in making smart decisions in the market. CNA Finance is a for profit company. That profit is generated through three (3) different types of relationships. First and foremost, we work with pay per click and CPM advertisers on banners. We also have affiliate relationships with various companies where we earn a portion of the sales we refer. Finally, we may have relationships with some of the companies or IR firms that represent companies mentioned within our works in which we are compensated in cash and or stock for consulting, investor relations, and Press Release services. Therefore, while we do everything in our power to provide true, well-researched, and well-thought out opinions, in some instances, a potential conflict of interest may exist. CNA Finance encourages all investors to seek professional advice before making any investment decision.

Bonanza Creek Energy Inc BCEI Stock News

Bonanza Creek Energy Inc (NYSE: BCEI)

Bonanza Creek Energy wasn’t off to the best of days in the market today. When the opening bell rang, the stock was trading in the green. From there, the stock started on the decline. Throughout the day, we saw more and more downward movement, bringing the stock further into the abyss. However, that movement has been halted. Below, we’ll talk about what we’re seeing, the halt, and what we’ll be watching for ahead.





What We’re Seeing From BCEI

As mentioned above, Bonanza Creek Energy isn’t having the best of days in the market today. When the trading session opened for the day, things were looking up, the stock was in the green. However, that only lasted mere minutes as shortly after the bell, the stock started to sink, quickly making it to the red and beyond. By 12:23, when the stock was halted, BCEI was trading at $2.77 per share after a loss of $0.09 per share or 3.15% thus far today.

What’s Going On

The truth is that there is not a definitive answer at the moment. As soon as the CNA Finance team got the news from Trade Ideas that BCEI had been halted, we started digging to see exactly what was happening. We unfortunately were unable to uncover anything fundamental that would cause this, nor were we even able to find a rumor.


Nonetheless, there is one thing we do know. Bonanza Creek Energy was halted at 12:23 with news pending. Ultimately, anything that leads to a halt is something worth watching. So, when the news breaks, it’s likely to be big.

What We’ll Be Watching Ahead

Moving forward, the CNA Finance team will be keeping a close eye on BCEI. In particular, we’ll be watching to see exactly what’s going on with the halt. Of course, when the news breaks, we’ll be bringing it to you. So, stay tuned!

UPDATE – BCEI has resumed slightly in the green. From there, the stock continued on the downward trend of the day. Unfortunately, news is still a bit bleak at this point. Nonetheless, we’ll continue to work to uncover the reason for this movement.

Update – Bonanza Creek Energy has reached an agreement with Silo Energy and others. Here are the details.

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Rex Energy REXX Stock News

Rex Energy Corporation (NASDAQ: REXX)

Rex Energy Corporation is having an incredibly strong trading session in the market today. When the opening bell rang and trading started for the day, the stock was already trading well into the green. From there, we saw some upward and some downward movement, but overall, the stock is staying up on impressive gains. Below, we’ll talk about what we’re seeing from REXX, why, and what we’ll be watching for ahead.





What We’re Seeing From REXX

As mentioned above, Rex Energy is having an overwhelmingly strong day in the market today. When the trading session opened, the stock was already trading on impressive gains. From there, we’ve seen some upward and some downward movement, but overall, the stock is trading relatively flat, holding onto pre-market gains. At the moment (10:49), the stock is trading at $0.78 per share after a gain of $0.05 per share or 7.46% thus far today.

Why The Stock Is Headed Up

This is a much needed reversal in the trend we’ve seen on the stock as of late. However, it’s coming for good reason. At the end of the day, the number one reason that REXX and others in the basic materials sector are running upward is Donald Trump.


On Friday, Donald Trump officially became the President of the United States. Throughout his campaign, he talked about various ways that he plans to improve economic conditions in the nation. One of the big points he would drive home is that we can be energy efficient. Consistently pointing to the ground and saying that the United States has its own resources, Trump set the stage for gains in Rex Energy and others in the industry.

Yesterday, more came out with regard to the story in after-hours. As political figures spoke, they spoke of the fact that the United States can indeed depend on its own resources. Comments were even made by trump surrounding the idea that overzealous environmental protection plans are leading to further economic hardship. All in all, Trump is likely a great president for REXX and others in the industry. So, investors are excited, sending the stock upward.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on REXX and others in the basic materials and energy industries. If Trump follows through with his promises, these companies will likely do overwhelmingly well ahead. At the moment, it seems as though that’s the direction things are headed. Nonetheless, we’ll keep a close eye on the news and bring it to you as it breaks!

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AK Steel Holding Corporation AKS Stock News

AK Steel Holding Corporation (NYSE: AKS)

AK Steel Holding Corporation is having an incredibly strong start to the trading session today. Early this morning, the company released its earnings, blowing away expectations and causing massive pre-market gains. Since the market open, the stock has corrected slightly, but it’s still trading on strong gains. Below, we’ll talk about what we’re seeing from AKS, why, and what we’ll be watching for ahead.





What We’re Seeing From AKS

As mentioned above, AK Steel Holding Corporation is having an incredibly strong start to today’s trading session. In pre-market trading, the stock saw exponential growth. When the opening bell rang, the stock immediately started correcting, giving up some of the pre-market gains. However, it is still trading with strong profits on the day. Currently (9:38), AKS is trading at $9.98 per share after a gain of $0.69 per share, or 7.43%.

Why The Stock Is Up

As is usually the case, as soon as we got the alert from Tradespoon that AKS was making a run for the top, the CNA Finance team started digging to see exactly what was causing the movement. In this particular case, it didn’t take long to dig up the story. The gains revolve around the company’s earnings.


Early this morning, AK Steel Holding Corporation released its earnings report for the fourth quarter. In the report, we learned that both revenue and earnings beat expectations. Revenue and earnings came in at $1.42 billion and $0.25 per share respectively. Analysts were expecting to see revenue come in at $1.41 billion and earnings at $0.09 per share. Obviously, the company has beat expectations on both accounts. In a statement, Roger K. Newport, CEO at AKS, had the following to offer:

The strategy that we introduced at the beginning of 2016 generated improved results and a stronger AK Steel… Our work to optimize our footprint, relentlessly focus on costs, and reduce exposure to commodity spot markets generated improved margins. By successfully completing several capital market transactions, we were able to significantly strengthen our balance sheet. These actions position us well for the future.”

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AKS. In the Trump world, there may be many opportunities to come. We’ll keep a close eye on the news and bring it to you as it breaks!

Update – While earnings was overwhelmingly positive and President Trump has made some compelling statements that should be pushing AKS higher, Axiom has released a negative report that affects AKS and the steel industry as a whole. However, at the end of the day, we believe that the sell off is overblown, as there is a strong argument for future growth following such positive news from both the company and the President.

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Viking Investments Group, Inc. VKIN Stock News

Viking Investments Group, Inc. (“VKIN” or “Viking”) is taking an aggressive stance to reposition itself as a premier player within the oil and gas industry, undertaking an aggressive acquisition strategy planned for 2017 and beyond. Taking advantage of strong banking relationships and an already beefed up portfolio of producing assets, Viking may very well be on its way to accomplishing that goal.

While the oil and gas industry has met its share of frustrating times during the past few years, those hardships may have presented opportunities for VKIN to execute on its strategy to acquire revenue producing properties at attractive prices, and, in turn, increase both shareholder value and its capital base.

For investors that need an introduction, CNA Finance reached out to VKIN’s CEO, James A. Doris, LL.B, to get his insight into the current oil and gas market and to discuss his near term goals for VKIN. It is clear Mr. Doris is setting the course for a dramatically improved company, offering visibility and a well thought out plan intended to significantly increase the value of VKIN.

Q. Viking has been on the move of late, with changes in its corporate structure, management team and business strategy. For shareholders that might have been introduced to Viking a year ago, would it be fair to say that they need to get reacquainted?

JAD:Yes, absolutely. In the span of 12 months we have made 2 acquisitions, completed 3 financing transactions, formalized a relationship with a premier operating company in Kansas, and participated in negotiations and/or submitted bids for 5 other acquisitions (ranging from $12mm to $167.5mm), with support from various funding groups. From a compliance and professional services standpoint we also changed auditing firms, switching to a firm with considerable experience in providing services to public companies involved in oil & gas exploration.

Q. Getting reacquainted is important, but investors should acknowledge that companies like VKIN need to evolve to remain relevant, especially when opportunity is ripe. For both new and current investors, how is the Viking model going to be different in 2017 than it was in 2016?

JAD:Although we completed a couple of acquisitions in 2016, the past 12 months was more about putting key building blocks in place (e.g. contracting with a premier operating company; securing a credit facility with a commercial bank in the Energy Sector who wants to grow with us as we make more acquisitions in the Mid-Continent area; establishing relationships with investment banks and other funding groups who now want to assist us on future deals; achieving credibility in the marketplace amongst prospective vendors and brokers to generate deal flow). In 2017 our focus is going to be more narrow, i.e. simply assessing deals and buying assets that fit our investment model.

Q. Building on your focus to become a premier exploration and production company in the mid-Continent region, can you tell shareholders some of steps that Viking has already taken to establish the initial footprints in that region?

JAD:We have attracted attention to the “Viking” name in the area by purchasing a working interest in 6,000 acres of property in Kansas and Missouri, and by attempting to purchase other assets in Kansas, Oklahoma and Texas (we were not successful with those transactions, through no fault of Viking, but our participation in those negotiations have caused others to send us information on several other deals).Engaging S&B Operating, a subsidiary of KRDC, as our operator, has by itself generated a significant amount of deal flow.

Q. Many people don’t often think of Kansas and Missouri when the topic of exploration and production value arises. The truth is that each of these states may be extremely lucrative to your vision. Can you explain what prompted VKIN to potentially invest millions of dollars in that region?

JAD:Major oil companies proved decades ago that oil existed and could be produced from those States; however the volume was insufficient for the large companies to sustain a long-term presence (i.e. production volume was too low to pay exorbitant overhead of large organizations).So the market is fragmented, consisting for the most part of smaller operators, some of whom have no interest in deploying capital to develop acreage (i.e. drill) and others who may want to drill but don’t necessarily have the funds to do so, in particular given the drop in oil prices over the past two years. So, there is a tremendous opportunity to aggregate producing, long-life assets with significant development potential.

Q. So, if the Viking strategy is successful and the company begins to realize substantial revenue, would the focus turn toward leveraging that success and seeking growth through acquisition?

JAD: Yes, our growth strategy contemplates making several acquisitions over the next 18 to 24 months, adhering to our business model (i.e. target assets have to be generating positive cash-flow at today’s oil prices, and there has to be development potential).

Q. Acquisition requires strength in both capital resources and management. Is the expertise already in place at Viking or would you seek additional executive level experience to facilitate the growth?

JAD: We have a formidable group of professionals (e.g. operators, petroleum engineers and geophysicists) that have assisted the company over the past 12 months in assessing acquisition opportunities. We expect those relationships to continue. At the same time, to the extent we complete a transaction in a State outside of Kansas and Missouri, we will engage experts in those regions to operate and manage those assets on behalf of the company. Further, we are actively seeking professionals from various disciplines (e.g. investment banking, energy and compliance) to serve on our advisory board to assist with our long-term growth and governance initiatives.

Q. While growth may be part of the strategic plan. VKIN already has secured some sizable assets. Can you tell investors about existing assets and how those resources are able to be leveraged into near term acquisitions or partnerships?

JAD:We have a sizable acreage position (over 6,000 acres), and intend to implement a phase-1 drilling and maintenance program, subject to raising the necessary capital, to drill new wells to increase production and lower operating costs.

Q. The property and production assets are crucial, but so is the ability to raise capital. Does Viking have any agreements in place with commercial lenders or will the company look to raise capital in the equity markets?

JAD:We have a credit facility with CrossFirst Bank (the bank has offices in Kansas, Oklahoma and Texas), who wants to grow with us and increase the size of the existing facility to assist with acquisitions. We also have Placement Agent agreements with certain investment banks who have supported us on previous acquisition attempts and want to assist with future deals.

Q. So, you have let us know that VKIN has both the cash and production assets available for market. Importantly, though, does Viking have a channel in place to facilitate product sales?

JAD: All oil produced from our leases gets purchased, the price just varies from month to month depending on market rates.

With respect to acquisitions, we have extensive relationships throughout the United States and receive a steady flow of attractive opportunities, whether it be working interests, overrides or royalty interests.

Q. You have laid out a vision and strategy that can make Viking an established and valuable enterprise. As we know, though, the exploration and production field is competitive, and making prudent investments is essential. As the CEO, what assessments do you ensure are taken prior to consummating either a land purchase or interest agreement?

JAD:We assess a number of factors when evaluating an asset, including: geological formation, reservoir characteristics, historical production and operating costs, proximity to other producing leases, development potential, status of equipment, environmental issues, etc.

Q. Finally, there has been quite a bit of market volatility in regard to oil and mineral prices. Do you think that the current market is the sweet spot for new investment and would an invigorated economy boost your business outlook?

JAD:The volatility in oil prices in 2015 and 2016 has created a tremendous opportunity to purchase quality assets. Provided we remain disciplined and do not deviate from our investment model,i.e. buy assets generating positive cash flow at today’s prices with realistic development potential, and only engage in responsible drilling programs (i.e. no wild-catting or highly speculative ventures) we will have great long-term success.

End interview

With Viking concentrating on the mid-continent states to take advantage of opportunities in the oil and gas space, the company may very well find themselves able to take advantage of distressed properties that offer significant value in regard to oil and gas reserves. Unfortunately, “others pain” often becomes the “new investors” gain, and with VKIN having both the cash and management expertise to take advantage of current opportunities, the company may very well be in a position to return significant shareholder returns in the coming months.

Investors may be well served to keep an eye on VKIN throughout the first months of 2017, and if the company can generate some near term acquisitions, they may be able to leverage that growth into additional and long term value. With near term expectations high, the year may very well become quite interesting for Viking shareholders.

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Gevo Inc GEVO Stock News

Gevo, Inc. (NASDAQ: GEVO)

Gevo is having an incredibly strong day in the market today. When the opening bell rang, the stock found itself well in the green. While it has corrected a bit from opening highs, the stock is still sitting on incredibly impressive gains. Below, we’ll talk about what we’re seeing from GEVO, why, and what the CNA Finance team will be watching with regard to the stock ahead.





What We’re Seeing From GEVO

As mentioned above, Gevo is having a great day in the market so far. When the trading session opened for the day, the stock was already trading well into the green. From there, it did come off of highs a bit, but the gains are still impressive, and now it seems as though the stock may start inching back upward to highs. Currently (10:44), GEVO is trading at $4.35 per share after a gain of $0.63 per share or 16.93% thus far today.

Why The Stock Is Up

One of our readers tipped us off about this news. As soon as they did, the CNA Finance team started digging to see what was happening. In this particular case, it took us no time at all to dig up the story. It seems as though the GEVO gains are being caused by news announced surrounding the United States Environmental Protection Agency.


According to an announcement made by GEVO early this morning, the EPA has approved the pathway for isobutanol produced at the company’s Luverne, MN production facility to be an advanced biofuel under the Renewable Fuel Standard Program. This is huge news as it marks the first time the EPA has approved a pathway for an advanced biofuel that uses starch from feed corn to produce an alcohol. In a statement, Dr. Patrick Gruber, CEO at Gevo, had the following to offer…

The new EPA pathway combines the lowest cost carbohydrate feedstock sources with green energy, resulting in advanced fuels with a significant GHG reduction. It is worth noting that this pathway leads to the only advanced biofuel that has potential to significantly lower GHG’s while also generating large amounts of protein for animal feed. In fact, practically all of the protein from the feed corn used gby Gevo is captured and sold for animal feed. This feed corn, which is not used for human consumption, and which is supplied to Gevo in Luverne is what the local farmers are calling “low carbon corn” because of the advanced farming techniques they use to minimize chemical inputs, the low till/no till fields that are building up soil carbons and the high yields that they achieve which minimizes land use. We are pleased that there is now a route for advanced fuels that provides protein that contributes to the food system. We expect that the approval of this pathway will open up new business opportunities for Gevo, while driving sustainable environmental improvements…”

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on GEVO. While the stock has been reeling a bit since the reverse split, things are starting to look up yet again. Nonetheless, we’ll be keeping a close eye on the news and bringing it to you as it breaks!

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