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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AER Energy Resources Inc (CE) | USOTC:AERN | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00001 | 0.00 | 00:00:00 |
A Wall Street Journal Market Watch article, released yesterday after market hours, states that crude oil contracts have hit their highest numbers in almost a year. This benefits AER Energy by being able to profit from reworking active, proven wells that were abandoned in times of low oil prices.
Other companies like Lucas Energy (NYSE: LEI) focus on active but abandoned wells like AER Energy. These wells are usually too small for companies like Chesapeake Energy (NYSE: CHK) or BP (NYSE: BP), but still provide opportunity when oil prices are near the levels they are at presently.
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Contact: Eric Jensen www.ionewswire.com 516.942.4910
1 Year AER Energy Resources (CE) Chart |
1 Month AER Energy Resources (CE) Chart |
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