Del Mar 1/23/2010 9:00:00 PM
News / Finance

United States Oil & Gas Corporation profitable subsidiary posts higher sales.

Turnbull Oil performing well in 4Q.

Del Mar, CA – United States Oil & Gas Corporation (USOG), released preliminary 4Q09 results for operations at its profitable 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.


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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), Toreador Resources Corporation (NASDAQ:TRGL) , Conexant Systems, Inc. (NASDAQ:CNXT), ArthroCare Corporation (OTC:ARTC) , Asset Acceptance Capital Corp. (NASDAQ:AACC) , Spreadtrum Communications, Inc. (NASDAQ:SPRD)


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United States Oil & Gas Corp.

(Other OTC: USOG)
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Other Stocks to Watch:
Toreador Resources Corporation

(NASDAQ:TRGL)

Toreador Resources Corporation (Toreador) is an independent international energy company engaged in oil and natural gas exploration, development, production and acquisition activities.

 

Conexant Systems, Inc.

(NASDAQ:CNXT)

Conexant Systems, Inc. (Conexant) designs, develops and sells semiconductor system solutions, comprised of semiconductor devices, software and reference designs, for imaging, audio, embedded-modem, and video applications.

 

ArthroCare Corporation

(OTC:ARTC)

ArthroCare Corporation (ArthroCare) is a medical device company that develops, manufactures and markets surgical products, many of which are based on its Coblation technology.

 

Asset Acceptance Capital Corp.

(NASDAQ:AACC)

Asset Acceptance Capital Corp. is engaged in the purchase and collection of defaulted and charged-off accounts receivable portfolios.

 

Spreadtrum Communications, Inc.

(NASDAQ:SPRD)

Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops and markets baseband processor solutions for the wireless communications market.


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