Guess Who Picked Fieldpoint Petroleum Corp (NYSEMKT:FPP) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Fieldpoint Petroleum Corp (NYSEMKT:FPP) reported that Herman Michael D has picked up 663,423 of common stock as of 2017-04-10.
The acquisition brings the aggregate amount owned by Herman Michael D to a total of 663,423 representing a 6.22% stake in the company.
For those not familiar with the company, FieldPoint Petroleum Corporation is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming. The Company’s principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming. The Company has varying ownership interest in approximately 470 gross wells (over 113.26 net) located in approximately five states. The Company operates over 20 of approximately 470 wells, and other wells are operated by independent operators under contracts.
A glance at Fieldpoint Petroleum Corp (NYSEMKT:FPP)’s key stats reveals a current market capitalization of 5.37 Million based on 10.67 Million shares outstanding and a price at last close of $0.515 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-12-03, Bryant picked up 2,000 at a purchase price of $2.60. This brings their total holding to 34,000 as of the date of the filing.
On the sell side, the most recent transaction saw Carnes unload 6,401 shares at a sale price of $0.49. This brings their total holding to 2,333,200.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Fieldpoint Petroleum Corp (NYSEMKT:FPP) as things move forward to see if its progress aligns with these transactions.
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World Point Terminals, Inc. Picked Up World Point Terminals Lp (NYSE:WPT) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), World Point Terminals Lp (NYSE:WPT) reported that World Point Terminals, Inc. has picked up 22,908,514 of common stock as of 2017-04-04.
The acquisition brings the aggregate amount owned by World Point Terminals, Inc. to a total of 22,908,514 representing a 65.7% stake in the company.
For those not familiar with the company, World Point Terminals, LP owns, operates, develops and acquires liquid bulk storage terminals and other assets relating to the storage of petroleum products, including light refined products, heavy refined products and crude oil. The Company operates fee-based facilities located along the East Coast, Gulf Coast and Midwest regions of the United States. As of December 31, 2016, through its subsidiary, Center Point Terminal Company, LLC (Center Point), the Company owned and operated 15.6 million barrels of tankage at terminals, which are located in the East Coast, Gulf Coast and Midwest regions of the United States. The Company’s terminal facilities are located on waterways, providing ship or barge access for the movement of petroleum products, and have truck racks with loading logistics. Its terminal facilities also have rail or pipeline access.
A glance at World Point Terminals Lp (NYSE:WPT)’s key stats reveals a current market capitalization of 599.40 Million based on 34.86 Million shares outstanding and a price at last close of $17.12 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-06-17, Novelly picked up 10,000 at a purchase price of $15.10. This brings their total holding to 957,662 as of the date of the filing.
On the sell side, the most recent transaction saw Graziadio unload 2,541 shares at a sale price of $15.09. This brings their total holding to 3,334.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on World Point Terminals Lp (NYSE:WPT) as things move forward to see if its progress aligns with these transactions.
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Why Medically Minded Inc (OTCMKTS:MMHC) Share Prices Doubled
Medically Minded Inc (OTCMKTS:MMHC) shares were up 100% on Monday to $0.00100 and unchanged in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.00. The company has a market cap of $24,800.00 at 49.52 million shares outstanding.
Medically Minded Inc is a company that engages in the production and retail of medical marijuana through its subsidiary. It is headquartered in St. Thomas, Virgin Islands. In a press release, the company announced that it has acquired 66 Oilfield Services, LLC. This is an oil field services company with headquarters in Oklahoma City and is the successor to and third generation of a heavy oil field equipment company founded by J.C. Houck in 1959.
Aside from drill pipe and rig related equipment, 66 currently purchases and refurbishes custom rigs on a regular basis for resale through a joint venture with Oklahoma Rig Fabricators and Five Star Rig & Supply. James Frazier, President, was with Continental Resources and his staff will continue to pursue the purchase of heavy-weight drill pipe, drill collars, custom rigs and other select drilling equipment which are available at distressed prices due to the downturn in the oil industry.
Currently, there are a number of rigs and rig equipment which were ordered during the more active drilling periods that have not been accepted for delivery, not used or not fully paid. This excess inventory needs to be quickly sold to free up needed cash for 66s vendors and partners. This creates an opportunity to purchase new equipment on a limited basis well below market prices which 66 can resell at better prices throughout our world-wide network to the benefit of our shareholders. Becoming a publicly traded company will provide us better access to financial markets and capital to best execute our business plan,” stated Frazier. “We are in process of completing a financial audit and plan to file a Form 10 under the Securities Exchange Act as soon as possible.”
To close this transaction, Medically Minded Inc did not issue additional securities but has instead utilized reissue of the an outstanding 3,000,000 shares of Series A-1 Preferred Stock representing 80% of the company’s equity. The company will also change its name to Sixty Six Oilfield Services, Inc. and a request will be made for a trading symbol to reflect the new name. 66 earned unaudited revenues of $5 million in 2015 with net income of $926,000 and $3.9 million in 2016 with net income of $695,000. Its equipment is considered a commodity and a quality collateral investment which can be held and resold for much higher prices in active periods.
Prior to this, Medically Minded Inc announced a planned acquisition of Skara Restaurants Holdings Inc but Skara’s management has concluded that it is not appropriate for them to be a publicly traded company in reverse merger and has cancelled the transaction.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Granite Falls Energy Picked Up Heron Lake BioEnergy (OTCMKTS:HLBYL) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Heron Lake BioEnergy LLC. (OTCMKTS:HLBYL) reported that Granite Falls Energy, Llc. has picked up 39,420,949 of common stock as of 2017-03-07.
The acquisition brings the aggregate amount owned by Granite Falls Energy, Llc. to a total of 39,420,949 representing a 50.58% stake in the company.
For those not familiar with the company, Heron Lake BioEnergy, LLC operates a dry mill fuel-grade ethanol plant in Heron Lake, Minnesota. The Company’s primary business is the production and sale of ethanol and co-products, including dried distillers grains and non-edible corn oil. The Company operates through two segments: Ethanol Production and Natural Gas Pipeline. The Ethanol Production segment includes the Company’s operations at its ethanol plant, including the production and sale of ethanol and its co-products. Its subsidiary, HLBE Pipeline Company, LLC, owns interest in Agrinatural Gas, LLC (Agrinatural). The Natural Gas Pipeline segment includes the Agrinatural’s natural gas pipeline. The principal products from the Company’s ethanol production are fuel-grade ethanol, distillers’ grains, non-edible corn oil, and miscellaneous sales of distillers’ syrup, a by-product of the ethanol production process. As of October 31, 2016, the Company’s ethanol plant had a capacity of 50 million gallons per annum.
A glance at Heron Lake BioEnergy LLC. (OTCMKTS:HLBYL)’s key stats reveals a current market capitalization of 74.04 Million based on 62.93 Million shares outstanding and a price at last close of $0.950 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2013-07-31, Project picked up at 15,000,000 a purchase price of $0.30. This brings their total holding to 15,000,000 as of the date of the filing.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Heron Lake BioEnergy LLC. (OTCMKTS:HLBYL) as things move forward to see if its progress aligns with these transactions.
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Star Gas Partners Lp (NYSE:SGU) is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Star Gas Partners Lp (NYSE:SGU) reported that Kestrel Energy Partners Llc. has picked up 500,000 of common stock as of 2017-02-21.
The acquisition brings the aggregate amount owned by Kestrel Energy Partners Llc. to a total of 500,000 representing a 0.89% stake in the company.
For those not familiar with the company, Star Gas Partners, L.P. is a service energy provider. The Company is a home heating oil and propane distributor and services provider. It also sells gasoline and diesel fuel to customers on a delivery only basis. The Company installs, maintains and repairs heating and air conditioning equipment, and provides these services outside its customer base, including service contracts for natural gas and other heating systems. In addition, it provides home security and plumbing services. The Company provides home heating equipment repair service and natural gas service. The Company provides services to residential and commercial customers to heat homes and buildings in the Northeast, Central and Southeast United States regions. The Company operates in Maine, New York, New Jersey, Tennessee, New Hampshire, Vermont, North Carolina, Massachusetts, Rhode Island, Pennsylvania, South Carolina, Connecticut, Maryland, Georgia, Delaware, Virginia and West Virginia, among others.
A glance at Star Gas Partners Lp (NYSE:SGU)’s key stats reveals a current market capitalization of 492.61 million based on 55.89 million shares outstanding and a price at last close of $9.64 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-05-16, Ambury picked up 2,000 at a purchase price of $8.75. This brings their total holding to 23,890 as of the date of the filing.
On the sell side, the most recent transaction saw Baxter unload 13,130 shares at a sale price of $3.84. This brings their total holding to 0.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Star Gas Partners Lp (NYSE:SGU) as things move forward to see if its progress aligns with these transactions.
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Forbes Energy Services Ltd. (NASDAQ:FES) Shares is Attracting Smart Money
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Forbes Energy Services Ltd. (NASDAQ:FES) reported that Crisp John E. has picked up 1,362,324 of common stock as of 2017-02-15.
The acquisition brings the aggregate amount owned by Crisp John E. to a total of 1,362,324 representing a 6.1% stake in the company.
For those not familiar with the company, Forbes Energy Services Ltd. (FES Ltd.) is a holding company. The Company is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to develop the production of oil and natural gas. The Company’s segments are Well Servicing and Fluid Logistics. Its services include fluid disposal and well maintenance. The Company’s Well Servicing segment provides an offering of well services to oil and natural gas companies, including completions of drilled oil and natural gas wells, wellbore maintenance, workovers and recompletions, tubing testing, and plugging and abandonment services. Its Fluid Logistics segment provides a range of oilfield fluid sales, transportation, storage and disposal services that are required on workover, drilling and completion projects, and are used in daily operation of producing wells by oil and natural gas producers. It operates approximately six coiled tubing spreads.
A glance at Forbes Energy Services Ltd. (NASDAQ:FES)’s key stats reveals a current market capitalization of 666,444.00 based on 22.22 million shares outstanding and a price at last close of $0.030 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-07-07, Steel picked up 200 at a purchase price of $4.48. This brings their total holding to 3,749,991 as of the date of the filing.
On the sell side, the most recent transaction saw Steel unload 1,100 shares at a sale price of $0.32. This brings their total holding to 3,166,541.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Forbes Energy Services Ltd. (NASDAQ:FES) as things move forward to see if its progress aligns with these transactions.
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Forbes Charles C. is Buying Forbes Energy Services Ltd. (NASDAQ:FES) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Forbes Energy Services Ltd. (NASDAQ:FES) reported that Forbes Charles C. has picked up 2,724,199 of common stock as of 2017-02-15.
The acquisition brings the aggregate amount owned by Forbes Charles C. to a total of 2,724,199 representing a 12.3% stake in the company.
For those not familiar with the company, Forbes Energy Services Ltd. (FES Ltd.) is a holding company. The Company is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to develop the production of oil and natural gas. The Company’s segments are Well Servicing and Fluid Logistics. Its services include fluid disposal and well maintenance. The Company’s Well Servicing segment provides an offering of well services to oil and natural gas companies, including completions of drilled oil and natural gas wells, wellbore maintenance, workovers and recompletions, tubing testing, and plugging and abandonment services. Its Fluid Logistics segment provides a range of oilfield fluid sales, transportation, storage and disposal services that are required on workover, drilling and completion projects, and are used in daily operation of producing wells by oil and natural gas producers. It operates approximately six coiled tubing spreads.
A glance at Forbes Energy Services Ltd. (NASDAQ:FES)’s key stats reveals a current market capitalization of 666,444.00 based on 22.22 million shares outstanding and a price at last close of $0.030 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-07-07, Steel picked up 200 at a purchase price of $4.48. This brings their total holding to 3,749,991 as of the date of the filing.
On the sell side, the most recent transaction saw Steel unload 1,100 shares at a sale price of $0.32. This brings their total holding to 3,166,541.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Forbes Energy Services Ltd. (NASDAQ:FES) as things move forward to see if its progress aligns with these transactions.
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Guess Who Just Picked Up Rice Energy Inc. (NYSE:RICE) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Rice Energy Inc. (NYSE:RICE) reported that Quantum V Investment Partners has picked up 16,849,325 of common stock as of 2017-02-06.
The acquisition brings the aggregate amount owned by Quantum V Investment Partners to a total of 16,849,325 representing a 6.9% stake in the company.
For those not familiar with the company, Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream. The Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. The Exploration and Production segment operates in the cores of the Marcellus and Utica Shales. The Company controls approximately 231,000 net acres in the Marcellus and Ohio Utica Shale cores. It operates approximately 1,164 drilling locations. The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.
A glance at Rice Energy Inc. (NYSE:RICE)’s key stats reveals a current market capitalization of 4.42 billion based on 202.59 million shares outstanding and a price at last close of 21.02 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2015-11-30, Rice picked up 7,500 at a purchase price of $13.30. This brings their total holding to 44,649 as of the date of the filing.
On the sell side, the most recent transaction saw Rogers unload 28,979 shares at a sale price of $25.01. This brings their total holding to 60,802.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Rice Energy Inc. (NYSE:RICE) as things move forward to see if its progress aligns with these transactions.
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