Del Mar 1/21/2010 10:00:00 PM
News / Finance

United States Oil & Gas Corporation generated $4,400,000 in sales revenue for 4Q.

USOG’s subsidiary Turnbull exceeded sales forecasts for 4Q.

Del Mar, CA – USOG released preliminary 4Q09 results for operations at its profitable Kansas-based subsidiary, Turnbull Oil.For the quarter ended December 31, 2009, Turnbull Oil generated $4,400,000 in sales revenue and posted $278,000 in Earnings Before Interests and Taxes.

 

The annual audit for the full-year 2009 results are in the process of being finalized by a certified Public Company Accounting Oversight Board (PCAOB) firm, and will be available when completed.

 

"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.


You can follow StockSource.us reports on Twitter at http://twitter.com/penny_stock.
and Facebook at
www.facebook.com/stockp

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), InterOil Corporation (USA) (NYSE:IOC), McMoRan Exploration Co. (NYSE:MMR), State Street Corporation (NYSE:STT), Government Properties Income Trust (NYSE:GOV), MGIC Investment Corp. (NYSE:MTG)


Featured Stock:
United States Oil & Gas Corp.

(Other OTC: USOG)
www.StockSource.us/usog.html


For A Comprehensive Coverage of this Stock Please Visit:
www.StockSource.us/usog.html

E-mail: info@StockSource.us | Phone number: 858-750-9041

For stock picks and investment community interaction please follow us on Twitter
www.twitter.com/penny_stock and join our Facebook Page stocksource.us


Other Stocks to Watch:
InterOil Corporation (USA)

(NYSE:IOC)

InterOil Corporation (InterOil) is an integrated energy company operating in Papua New Guinea.

 

McMoRan Exploration Co.

(NYSE:MMR)

McMoRan Exploration Co. (McMoRan) is engaged in the exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area.

 

State Street Corporation

(NYSE:STT)

State Street Corporation is a financial holding company. The Company, through its subsidiaries, including its banking subsidiary, State Street Bank and Trust Company, State Street Corporation, provides a range of products and services for institutional investors worldwide.

 

Government Properties Income Trust

(NYSE:GOV) 

Government Properties Income Trust is a real estate investment trust (REIT).

 

MGIC Investment Corp.

(NYSE:MTG)

MGIC Investment Corporation (MGIC) is a holding company and through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance in the United States.


StockSource.us - Penny Stocks Research Reports Investor Relations
StockSource.us offers a newsletter covering Value Stock companies traded on the OTC, OTCBB, PINKSHEETS and AMEX stock exchanges. Subscribers to our Stock Picks newsletter will receive up to date time sensitive press releases and profiles on featured companies traded on various small cap stock exchanges such as otc, otcbb, pinksheet and amex. Other sectors we cover are: alternative energy stocks/companies (solar stocks, wind stocks, hydro stocks, nuclear stocks, uranium stocks, biofuel stocks, clean coal stocks) as well as oil and gas stocks, gold stocks and mining stocks.

Penny Stock research reports and investor relations are provided by StockSource.us, visitors to our web site can sign up for our penny stock newsletter and be updated when we begin coverage on new small cap companies. Penny Stocks trade in the Small Cap Market being informed is a critical component to making decisions when Investing. Penny Stock coverage is what StockSource.us covers and strives to keep you updated on companies looking to move ahead of the pack, giving you the best penny stock information. Sign up today and stay informed allow StockSource.us to provide you with the latest research reports on hot penny stocks and Stock Tips.

StockSource.us, owned by Iron Consulting Inc.
Iron Consulting delivers a broad spectrum of services designed to meet your goals and fit your budget. They include: Search Engine Optimization, Email Campaigns, Financial News Distribution and Media Exposure, CEO Interviews, Analyst Reports, Investment Opinion Services, Web Design and Development, Audio & Video Profiles and Shareholder Communications.

Disclaimer:
StockSource.us is owned and operated by Iron Consulting.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), StockSource.us is owned and operated by Iron Consulting. StockSource.us has been compensated by Iron Consulting: $90 000 for three months of investor relations services for USOG. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration. Growth stock tips and small-cap stock newsletter!

(с) 2006 StockSource.us All Rights Reserved. Disclaimer
E-mail:
info@StockSource.us |  Phone number: 858-750-9041