Streetwise Exclusives

Offshore Oil Driller Boosts Output to 3.9 MMBoe in Q2
Source: Streetwise Reports  08/08/2022

W&T Offshore Inc.'s shares traded 17% higher after the oil and gas producer reported Q2/22 financial results featuring a 106% YoY increase in revenue. The company noted it has been successful in increasing its proven reserves, reducing net debt levels, and is continuing to focus on generating free cash flow for shareholders.

Lithium Co. Starts Trading on the CSE in Reverse Takeover
  08/08/2022

First Lithium Minerals Corp. will begin trading on the Canadian Stock Exchange tomorrow, August 9, 2022, under the symbol FLM, following the completion of a reverse takeover of both First Lithium Minerals Inc. and QL Minerals Inc. by First Lithium Minerals Corp. (formerly PetroCorp Group Inc.)

Turn-Key Solar Provider Adds Record Number of Clients in Q2
Source: Streetwise Reports  08/02/2022

SunPower Corp. shares traded over 9% higher after the company reported Q2/22 financial results highlighting a 63% YoY increase in revenue. The firm confirmed its previous guidance indicating that it expects to add 73,000 to 80,000 net new customers in FY/2022.

EV Co. Buys Romeo Power To Bring Battery Production In-House
Source: Streetwise Reports  08/01/2022

Shares of lithium-ion battery manufacturer Romeo Power Inc. traded 26% higher after the company reported it entered into a definitive agreement to be acquired by commercial EV truck maker Nikola Corp. in an all-stock transaction valued at $144 million.

Argentina Lithium Active At Salar De Rincon
Source: The Critical Investor  07/30/2022

The Critical Investor takes a look at one junior lithium play in Argentina that just had some success with the drill bit and is building its prospective land package — real estate that should only increase in value as lithium carbonate prices hover around US$75,000 per tonne.

Oil & Gas Services Co. Posts 90% Increase in Q2 Revenues
Source: Streetwise Reports  07/29/2022

Energy industry service company Mammoth Energy Services Inc.'s shares traded 22% higher after the company reported Q2/22 financial results that included significant increases in quarterly revenue, net income, and adjusted EBITDA.

Energy Co. Looks for Cash Producing Oil & Gas Assets in Africa
  07/29/2022

Tenaz Energy Corp. reported it was unsuccessful in obtaining the number of votes needed from SDX Energy Plc.'s shareholders to acquire the company. The firm continues to search for other oil and gas assets to acquire in North Africa and the Middle East that are congruent with its high free cash flow generation strategy. Research Capital Corp. advised in a research note that it is maintaining its Speculative Buy rating and CA$5.00 Target Price on the company.

Uranium Co. Reports Solid Drill Results at Alligator River
Source: Streetwise Reports  07/19/2022

Shares of Vimy Resources Ltd. traded 19% higher after the company reported positive results from the first two diamond drill holes at its Alligator River Project in Australia's Northern Territory. The company said it plans to prepare a mineral resource update for its Angularli Deposit in late 2022.

LIT Lithium Discovery Could Light Up Share Price
Source: Streetwise Reports  07/18/2022

Lithium carbonate prices are up 340% year-over-year and one lithium junior explorer operating in Argentina just drilled some healthy lithium grades in a salar that extends beyond its property boundary and onto the junior's concessions.

Canada Firm Holds Promising Assets in 'Lithium Triangle'
Source: Streetwise Reports  07/18/2022

Fundamental Research Corp. mentioned in a research note that this company is on a clear path to a potential new discovery in Argentina. The firm stated that it expects that a maiden resource estimate for its properties will be completed next year and is initiating coverage with a "Buy" rating.

EV Maker Signs Agreement With Walmart for Up to 10,000 LDVs
Source: Streetwise Reports  07/12/2022

Shares of Canoo Inc. traded 57% higher after the company reported that Walmart has contracted to purchase 4,500 of its electric Lifestyle Delivery Vehicles for use in its growing e-commerce business. The agreement includes an option for 5,500 additional units.

Oil Price Problem? Expert Says Look to 2011
Source: Michael J. Ballanger  07/11/2022

Expert Michael Ballanger reviews this week's updates in the oil and gas sector, specifically his view on the U.S. government's handling of sanctions against Russia and how that will impact the economy.

Renewable Energy Products Co. Posts 285% Sales Growth in H1
Source: Streetwise Reports  07/06/2022

Shares of Ozop Energy Solutions Inc. traded 23% higher after the company reported that H1/22 revenues are expected to be 285% higher versus the same period last year. The firm advised that it anticipates further sequential growth in H2/22.

Wealth Minerals Raises Cash, Drills Lithium Play in Chile
Source: Streetwise Reports  07/06/2022

As money dries up for a lot of mineral exploration, it seems that investors will still write checks for lithium plays. One junior with two lithium projects in Chile recently raised over $3 million — and the investors approached the company.

Clive Maund: Enterprise Might Just Pick Up Your Portfolio
Source: Clive Maund  07/03/2022

In the environment we are now in, the best thing investors can do is find stocks that are impervious to declines in the market indices. Even though they can be hard to find, there are some around, like the one in this story.

Chen's Top Picks for Q3
Source: Streetwise Reports  06/30/2022

Need to know where to go in these turbulent times? Asset manager Chen Lin has some ideas with his top picks for the third quarter.

Co. Secures Option to Acquire Its 15th Uranium Asset
  06/27/2022

The mining firm plans to drill at this Athabasca Basin property this year, noted a Fundamental Research report.

Fuel Cell Co. Secures New €782.1M Investment for EU Project
Source: Streetwise Reports  06/16/2022

Advent Technologies Holdings Inc.'s shares traded 245% higher after the fuel cell systems developer and components manufacturer advised it received official notification from the Greek State for the IPCEI Green HiPo Project. The firm is scheduled to receive an investment totaling €782.1 million ($829M) over a period of six years for a new hydrogen fuel facility to be constructed in Western Macedonia.

US E&P Co. Receives Take-Private Offer
Source: Streetwise Reports  06/15/2022

Continental Resources Inc. shares traded 15% higher to a new 52-week high after the oil and gas company announced it received a non-binding buyout proposal for $70 per share in cash from the firm's largest shareholder Chairman Harold G. Hamm and the Hamm Family Trust.

Oil and Gas E&P to Spin Out Assets
  06/15/2022

"The market is pricing in very little for the new company, and given our expectations for continued strong oil prices, we believe this is a buying opportunity," noted a Research Capital Corp. report regarding Pan Orient Energy Corp.

Junior Picks Up Rio Tinto Uranium Project
Source: Streetwise Reports  06/01/2022

Land position is often the key to not only finding an economic deposit but also ensuring that when you do, it’s all yours. One uranium explorer in the Athabasca Basin just added 732 sq. kilometers to its land package and is looking to dust off some old drill targets and expand its resource base.

Smart Window Maker Posts Record FY21 Revenue
Source: Streetwise Reports  06/01/2022

View Inc. shares traded 33% higher after the company reported FY/21 financial results highlighting a 125% YoY increase in revenue along with expectations for even higher growth in FY/22.

Analyst Has 4 Picks to Power EVs, Your Portfolio
Source: Streetwise Reports  06/01/2022

Everything in the future seems like it will run on batteries. Here are some smart picks to grow your money along with the industry, according to one analyst.

Clean Tech Co. Buys LFP Cathode Producer for CA$10.25M
Source: Streetwise Reports  05/25/2022

Shares of Nano One Materials Corp. traded 46% higher after the company reported it has agreed to acquire 100% of the shares of Québec lithium iron phosphate cathode material manufacturer Johnson Matthey Battery Materials Ltd. for CA$10.25 million.

Record Natural Gas Prices Helping Co. to Become Cash Cow as Big Oil Rakes in Billions
Source: Kerry Lutz  05/18/2022

With Europe going through a major energy crisis, Rystad Energy, a respected energy consulting group, has predicted that European gas prices could triple again. Expert Kerry Lutz reviews how Trillion Energy could be the one to fill that void.