Del Mar 1/26/2010 10:00:00 PM
News / Business

USOG Subsidiary Total $4.5 Million During 4Q09.

Turnbull Oil (MNDP) generated $4,400,000 in sales revenue.

Del Mar, CA – ‘United States Oil & Gas Corp. is focused on acquiring and growing domestic oil and gas services companies. The company targets small to mid size family-run businesses with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. The company made its first acquisition, Turnbull Oil, in May 2009, and its second, United Oil & Gas, Inc. on January 1, 2010. In addition to its acquisition strategy, the company intends is to acquire and/or develop and deploy proprietary technologies that will explore or extract oil and gas trapped in the earth using the latest technologies that create the smallest ecological footprint as possible. “

 

 

 

USOG released preliminary 4Q09 results for operations at its profitable Kansas-based subsidiary, Turnbull Oil and was happy to announce that Turnbull's sales exceeded forecasts.

 

“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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United States Oil & Gas Corp. (Other OTC: USOG), Pacific Ethanol Inc (NASDAQ:PEIX), PrivateBancorp, Inc. (NASDAQ:PVTB), Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC), Ford Motor Company (NYSE:F)

 

 

 

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United States Oil & Gas Corp.

 

(Other OTC: USOG)

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Other Stocks to Watch:

Pacific Ethanol Inc

 

(NASDAQ:PEIX)

 

Pacific Ethanol, Inc. (Pacific Ethanol) produces and sells ethanol and its co-products, including wet distillers grain, and provides transportation, storage and delivery of ethanol through third-party service providers in the Western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington. It has customer relationships throughout the Western United States and supplier relationships throughout the Western and Midwestern United States.

 

 

 

PrivateBancorp, Inc.

 

(NASDAQ:PVTB)

 

PrivateBancorp, Inc. (PrivateBancorp) is a bank holding company. PrivateBancorp, through its PrivateBank subsidiaries (the Bank), provides business and personal financial services to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families.

 

 

 

Citigroup Inc.

 

(NYSE:C)

 

Citigroup Inc. (Citigroup) is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers.

 

 

 

Bank of America Corporation

 

(NYSE:BAC)

 

Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company.

 

 

 

Ford Motor Company

 

(NYSE:F)

 

Ford Motor Company (Ford) is a producer of cars and trucks. The Company and its subsidiaries also engage in other businesses, including financing vehicles. Ford operates in two sectors: Automotive and Financial Services. The Automotive sector includes the operations of Ford North America, Ford South America, Ford Europe, Volvo, and Ford Asia Pacific Africa segments.

 

 

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