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Energy Penny Stocks Are Climbing Today, Here’s 3 to Watch And Why

Are these energy penny stocks on your watchlist right now?
The post Energy Penny Stocks Are Climbing Today, Here’s 3 to Watch And Why appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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3 Energy Penny Stocks to Add to Your Watchlist Right Now 

Right now, energy penny stocks are heating up. And, there are a few reasons why this is the case. Over the past two years, investing in penny stocks in the energy industry has been extremely popular following the crash that occurred at the beginning of the pandemic. 

Why Are Energy Penny Stocks Climbing Right Now?

Since then, the Biden Administration has put forth plans to get renewable energy on a bright path with historic demand rises for fossil fuels occurring simultaneously. As a result, we’ve seen many energy penny stocks climb substantially during the past year and a half or so. 

[Read More] 3 Short Squeeze Penny Stocks To Buy For Under $5 Right Now

One thing to keep in mind is that the pandemic has a major effect on energy consumption and speculation surrounding the industry. For example, when case numbers rise, we tend to see a correlative dip in energy consumption and vice versa. But, with many believing that the Omicron variant could lead Covid to an endemic state, investors seem bullish on the future of the energy industry at large. 

As always, traders should have a complete understanding of what the company does and what its fundamentals are. With energy, this is crucial as it tells exactly where the company is headed and could go in the future. So, with all of this in mind, let’s take a look at three energy penny stocks to add to your watchlist right now. 

3 Energy Penny Stocks to Watch in 2022

  1. Camber Energy Inc. (NYSE: CEI
  2. Transocean Ltd. (NYSE: RIG
  3. Southwestern Energy Company (NYSE: SWN

Camber Energy Inc. (NYSE: CEI) 

By midday, shares of CEI stock had pushed up by around 4%, which is no small feat considering the rest of the market’s trajectory today. This brings CEI stock’s six-month gain to over 37%, which is one of the reasons that the company has remained so popular. 

In addition, CEI is often discussed as a Reddit penny stock due to its constant mentions on the social media platform. Today, however, big news dropped for Camber Energy, which likely is the reason behind its decent uptick during intraday trading. Early on in the day, the company stated that it closed a $100 million equity investment with an institutional investor. The deal, worth 10,544 convertible preferred stock was paid via $5 million in cash and the execution of four promissory notes. 

“With the funding commitment in place we can confidently pursue new acquisitions and other important value-added initiatives throughout 2022, yet we have the option of redeeming all or a portion of the shares and not accept the funds if we do not believe it is in the best interest of the company to do so at the particular time. The structure was purposely designed to provide the organization with unprecedented optionality. “

The President and CEO of CEI, James Doris

This is great news for the company and shows just how much progress it is making now and could continue to make in the future. Whether this makes CEI stock worth adding to your list of penny stocks to watch, however, is up to you. 

Transocean Ltd. (NYSE: RIG)

Another decent gainer of the day so far is Transocean Ltd., which pushed up by over 3% at midday. This brings its five-day and one-year gain to over 15% and 22% respectively. Today, news was announced that new options for RIG stock are available with a Feb 25th expiration date. This in combination with the overall bullishness on energy penny stocks right now, seems to both be driving RIG’s price increase. 

[Read More] Hot Penny Stocks to Watch Right Now That Are Moving in Premarket

The most recent news for RIG stock however came over a month ago when it announced a partnership with Intellilift to commercialize products for digital well construction. The pair will aptly name the joint venture, Inteliwell, and it will be used to provide real-time well monitoring, downhole progress, and well conditions. 

This is exciting as Transocean is one of the largest offshore drilling contractors in the world. And because of this, the company has a sizable amount of exposure to the energy industry at large. While we have seen high volatility with RIG stock, we are also seeing solid bullish interest with the company right now. With that in mind, do you think that RIG stock is a worthwhile addition to your penny stocks watchlist?

Penny_Stocks_to_Watch_Transocean

Southwestern Energy Company (NYSE: SWN) 

Southwestern Energy is another penny stock that investors have been watching over the past few weeks. In the last twelve months, shares of SWN stock have climbed by a solid 34%, which is no small feat. 

If you’re not familiar, SWN is a producer and marketer of natural gas and natural gas liquids. The company states that its main focus is on developing a variety of assets in some of the largest shale basins in the U.S. At the end of last week, SWN made an exciting announcement that caused it to increase in popularity since that time. The company stated that it had completed the acquisition of GEP Haynesville. 

This deal comes on the back of the company completing a $1.15 billion offering of 4.75% senior notes due 2032 as well as a $550 million institutional term loan. All of this should offer the company ample funding to continue its operations into the near future and beyond. Whether this makes SWN stock worth watching, however, is up to you. 

Penny_Stocks_to_Watch_Southwestern

Are Energy Penny Stocks Worth Buying in 2022?

If you’re looking for the best energy penny stocks to buy in 2022, there are hundreds of options. But, investors need to take a few things into consideration. For one, we need to understand the difference between renewable energy penny stocks and fossil fuel-related penny stocks. Both have different rates of volatility and both may be worth it in different time frames. 

[Read More] These Penny Stocks Exploded Today, Here’s Why

So, understand exactly what your trading strategy is and what your tolerance for risk may be. This will help to align the stocks in your portfolio with your overall investing goals. However, with the energy industry continuing to see heightened bullish sentiment, there is a lot to look forward to. With that in mind, do you think that energy penny stocks are worth buying in 2022?


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The post Energy Penny Stocks Are Climbing Today, Here’s 3 to Watch And Why appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Mike Pompeo Doesn’t Rule Out Serving In 2nd Trump Administration

Mike Pompeo Doesn’t Rule Out Serving In 2nd Trump Administration

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Former Secretary…

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Mike Pompeo Doesn't Rule Out Serving In 2nd Trump Administration

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Former Secretary of State Mike Pompeo said in a new interview that he’s not ruling out accepting a White House position if former President Donald Trump is reelected in November.

“If I get a chance to serve and think that I can make a difference ... I’m almost certainly going to say yes to that opportunity to try and deliver on behalf of the American people,” he told Fox News, when asked during a interview if he would work for President Trump again.

I’m confident President Trump will be looking for people who will faithfully execute what it is he asked them to do,” Mr. Pompeo said during the interview, which aired on March 8. “I think as a president, you should always want that from everyone.”

Then-President Donald Trump (C), then- Secretary of State Mike Pompeo (L), and then-Vice President Mike Pence, take a question during the daily briefing on the novel coronavirus at the White House in Washington on April 8, 2020. (Mandel Ngan/AFP via Getty Images)

He said that as a former secretary of state, “I certainly wanted my team to do what I was asking them to do and was enormously frustrated when I found that I couldn’t get them to do that.”

Mr. Pompeo, a former U.S. representative from Kansas, served as Central Intelligence Agency (CIA) director in the Trump administration from 2017 to 2018 before he was secretary of state from 2018 to 2021. After he left office, there was speculation that he could mount a Republican presidential bid in 2024, but announced that he wouldn’t be running.

President Trump hasn’t publicly commented about Mr. Pompeo’s remarks.

In 2023, amid speculation that he would make a run for the White House, Mr. Pompeo took a swipe at his former boss, telling Fox News at the time that “the Trump administration spent $6 trillion more than it took in, adding to the deficit.”

“That’s never the right direction for the country,” he said.

In a public appearance last year, Mr. Pompeo also appeared to take a shot at the 45th president by criticizing “celebrity leaders” when urging GOP voters to choose ahead of the 2024 election.

2024 Race

Mr. Pompeo’s interview comes as the former president was named the “presumptive nominee” by the Republican National Committee (RNC) last week after his last major Republican challenger, former South Carolina Gov. Nikki Haley, dropped out of the 2024 race after failing to secure enough delegates. President Trump won 14 out of 15 states on Super Tuesday, with only Vermont—which notably has an open primary—going for Ms. Haley, who served as President Trump’s U.S. ambassador to the United Nations.

On March 8, the RNC held a meeting in Houston during which committee members voted in favor of President Trump’s nomination.

“Congratulations to President Donald J. Trump on his huge primary victory!” the organization said in a statement last week. “I’d also like to congratulate Nikki Haley for running a hard-fought campaign and becoming the first woman to win a Republican presidential contest.”

Earlier this year, the former president criticized the idea of being named the presumptive nominee after reports suggested that the RNC would do so before the Super Tuesday contests and while Ms. Haley was still in the race.

Also on March 8, the RNC voted to name Trump-endorsed officials to head the organization. Michael Whatley, a North Carolina Republican, was elected the party’s new national chairman in a vote in Houston, and Lara Trump, the former president’s daughter-in-law, was voted in as co-chair.

“The RNC is going to be the vanguard of a movement that will work tirelessly every single day to elect our nominee, Donald J. Trump, as the 47th President of the United States,” Mr. Whatley told RNC members in a speech after being elected, replacing former chair Ronna McDaniel. Ms. Trump is expected to focus largely on fundraising and media appearances.

President Trump hasn’t signaled whom he would appoint to various federal agencies if he’s reelected in November. He also hasn’t said who his pick for a running mate would be, but has offered several suggestions in recent interviews.

In various interviews, the former president has mentioned Sen. Tim Scott (R-S.C.), Texas Gov. Greg Abbott, Rep. Elise Stefanik (R-N.Y.), Vivek Ramaswamy, Florida Gov. Ron DeSantis, and South Dakota Gov. Kristi Noem, among others.

Tyler Durden Wed, 03/13/2024 - 17:00

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International

Riley Gaines Explains How Women’s Sports Are Rigged To Promote The Trans Agenda

Riley Gaines Explains How Women’s Sports Are Rigged To Promote The Trans Agenda

Is there a light forming when it comes to the long, dark and…

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Riley Gaines Explains How Women's Sports Are Rigged To Promote The Trans Agenda

Is there a light forming when it comes to the long, dark and bewildering tunnel of social justice cultism?  Global events have been so frenetic that many people might not remember, but only a couple years ago Big Tech companies and numerous governments were openly aligned in favor of mass censorship.  Not just to prevent the public from investigating the facts surrounding the pandemic farce, but to silence anyone questioning the validity of woke concepts like trans ideology. 

From 2020-2022 was the closest the west has come in a long time to a complete erasure of freedom of speech.  Even today there are still countries and Europe and places like Canada or Australia that are charging forward with draconian speech laws.  The phrase "radical speech" is starting to circulate within pro-censorship circles in reference to any platform where people are allowed to talk critically.  What is radical speech?  Basically, it's any discussion that runs contrary to the beliefs of the political left.

Open hatred of moderate or conservative ideals is perfectly acceptable, but don't ever shine a negative light on woke activism, or you might be a terrorist.

Riley Gaines has experienced this double standard first hand.  She was even assaulted and taken hostage at an event in 2023 at San Francisco State University when leftists protester tried to trap her in a room and demanded she "pay them to let her go."  Campus police allegedly witnessed the incident but charges were never filed and surveillance footage from the college was never released.  

It's probably the last thing a champion female swimmer ever expects, but her head-on collision with the trans movement and the institutional conspiracy to push it on the public forced her to become a counter-culture voice of reason rather than just an athlete.

For years the independent media argued that no matter how much we expose the insanity of men posing as women to compete and dominate women's sports, nothing will really change until the real female athletes speak up and fight back.  Riley Gaines and those like her represent that necessary rebellion and a desperately needed return to common sense and reason.

In a recent interview on the Joe Rogan Podcast, Gaines related some interesting information on the inner workings of the NCAA and the subversive schemes surrounding trans athletes.  Not only were women participants essentially strong-armed by colleges and officials into quietly going along with the program, there was also a concerted propaganda effort.  Competition ceremonies were rigged as vehicles for promoting trans athletes over everyone else. 

The bottom line?  The competitions didn't matter.  The real women and their achievements didn't matter.  The only thing that mattered to officials were the photo ops; dudes pretending to be chicks posing with awards for the gushing corporate media.  The agenda took precedence.

Lia Thomas, formerly known as William Thomas, was more than an activist invading female sports, he was also apparently a science project fostered and protected by the athletic establishment.  It's important to understand that the political left does not care about female athletes.  They do not care about women's sports.  They don't care about the integrity of the environments they co-opt.  Their only goal is to identify viable platforms with social impact and take control of them.  Women's sports are seen as a vehicle for public indoctrination, nothing more.

The reasons why they covet women's sports are varied, but a primary motive is the desire to assert the fallacy that men and women are "the same" psychologically as well as physically.  They want the deconstruction of biological sex and identity as nothing more than "social constructs" subject to personal preference.  If they can destroy what it means to be a man or a woman, they can destroy the very foundations of relationships, families and even procreation.  

For now it seems as though the trans agenda is hitting a wall with much of the public aware of it and less afraid to criticize it.  Social media companies might be able to silence some people, but they can't silence everyone.  However, there is still a significant threat as the movement continues to target children through the public education system and women's sports are not out of the woods yet.   

The ultimate solution is for women athletes around the world to organize and widely refuse to participate in any competitions in which biological men are allowed.  The only way to save women's sports is for women to be willing to end them, at least until institutions that put doctrine ahead of logic are made irrelevant.          

Tyler Durden Wed, 03/13/2024 - 17:20

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Part 1: Current State of the Housing Market; Overview for mid-March 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024
A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to star…

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Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024

A brief excerpt:
This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to start with inventory, since inventory usually tells the tale!
...
Here is a graph of new listing from Realtor.com’s February 2024 Monthly Housing Market Trends Report showing new listings were up 11.3% year-over-year in February. This is still well below pre-pandemic levels. From Realtor.com:

However, providing a boost to overall inventory, sellers turned out in higher numbers this February as newly listed homes were 11.3% above last year’s levels. This marked the fourth month of increasing listing activity after a 17-month streak of decline.
Note the seasonality for new listings. December and January are seasonally the weakest months of the year for new listings, followed by February and November. New listings will be up year-over-year in 2024, but we will have to wait for the March and April data to see how close new listings are to normal levels.

There are always people that need to sell due to the so-called 3 D’s: Death, Divorce, and Disease. Also, in certain times, some homeowners will need to sell due to unemployment or excessive debt (neither is much of an issue right now).

And there are homeowners who want to sell for a number of reasons: upsizing (more babies), downsizing, moving for a new job, or moving to a nicer home or location (move-up buyers). It is some of the “want to sell” group that has been locked in with the golden handcuffs over the last couple of years, since it is financially difficult to move when your current mortgage rate is around 3%, and your new mortgage rate will be in the 6 1/2% to 7% range.

But time is a factor for this “want to sell” group, and eventually some of them will take the plunge. That is probably why we are seeing more new listings now.
There is much more in the article.

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