Del Mar, CA – United States Oil & Gas a growing oil and gas products, services and technology company, announced preliminary 4Q09 results for operations at its Kansas-based subsidiary, Turnbull Oil.
“Turnbull’s sales exceeded forecasts in large part due to increased demand for its fuels as colder weather gripped much of the Midwest. Despite missing five business days due to winter storms, Turnbull was able to deliver another excellent performance. Because it has strong and consistent margins on its fuels and a relatively large, established customer base, the business is able to turn a profit and increase revenue even in a down economy. We are extremely proud of USOG’s growth to date and have targeted a third acquisition of a regional oil and gas distribution company by year-end.” Alex Tawse, CEO of USOG.
"For the quarter ended December 31, 2009, Turnbull Oil generated $4,400,000 in sales revenue and posted $278,000 in Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA).”
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StockSource.us (http://www.stocksource.us/focus-stock/penny-stocks/penny-stock-picks-focus-mundus-USOG.html) Reports on Stocks to Watch:
United States Oil & Gas Corp. (Other OTC: USOG), Williams Partners L.P. (NYSE:WPZ), Williams Pipeline Partners L.P. (NYSE:WMZ), OMNOVA Solutions Inc. (NYSE:OMN), Parker-Hannifin Corporation (NYSE:PH), Humana Inc. (NYSE:HUM)
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United States Oil & Gas Corp.
(Other OTC: USOG)
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Other Stocks to Watch:
Williams Partners L.P.
(NYSE:WPZ)
Williams Partners L.P. is engaged in the business of gathering, transporting, processing and treating natural gas and the fractionating and storing of natural gas liquids (NGL).
Williams Pipeline Partners L.P.
(NYSE:WMZ)
Williams Pipeline Partners L.P. was established by The Williams Companies, Inc. (Williams) to own and operate natural gas transportation and storage assets.
OMNOVA Solutions Inc.
(NYSE:OMN)
OMNOVA Solutions Inc. (OMNOVA) is a provider of emulsion polymers, specialty chemicals and decorative and functional surfaces for a variety of commercial, industrial and residential end uses.
Parker-Hannifin Corporation
(NYSE:PH)
Parker-Hannifin Corporation (Parker) is a full-line diversified manufacturer of motion and control technologies and systems, including fluid power systems, electromechanical controls and related components.
Humana Inc.
(NYSE:HUM)
Humana Inc. (Humana) is a health and supplemental benefits company. The Company is a full-service benefits solutions company, offering an array of health and supplemental benefit plans for employer groups, government benefit programs and individuals.
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