Monthly Archives: March 2017

Terra Tech Corp. to Present at The MicroCap Conference on April 4th at 11AM in New York City at the Essex House (CEO Derek Peterson to also Participate in Panel Discussion on the Growing Cannabis Industry)

IRVINE, CA / ACCESSWIRE / March 27, 2017 / Terra Tech Corp. (OTCQX: TRTC) (“Terra Tech”) or (the “Company”), a vertically integrated cannabis-focused agriculture company, today announced that its Chief Executive Officer, Derek Peterson, will present at this year’s MicroCap Conference on April 4th at 11AM Eastern at the Essex House in New York City.

The Corporate Presentation will be Webcast at http://wsw.com/webcast/microcapconf3/trtc. Mr. Peterson will also participate in a panel discussion on the current state of the cannabis industry on April 4, 2017, at 5:40PM Eastern.

CONFERENCE OVERVIEW AND STRUCTURE:

The MicroCap Conference is an exclusive event for investors who specialize in small and microcap stocks. It is an opportunity to be introduced to and speak with management at some of the most attractive small companies, learn from various expert panels, and mingle with other microcap investors.

The MicroCap Conference will take place in New York City at the Essex House on April 4th. Registration will begin on Tuesday, April 4th at 7:00AM, and will last until the evening. The conference will be jam-packed with company sessions, presentations, and networking with portfolio managers, analysts, and private investors.

To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.

About
Terra Tech:

Terra Tech Corp. (OTCQX: TRTC) operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible Garden, MediFarm LLC and GrowOp Technology. Blüm’s retail medical cannabis facilities focus on providing the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions. Blüm offers a broad selection of medical cannabis products including; flowers, concentrates and edibles through its Oakland, CA and multiple Nevada locations. IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces medical cannabis-extracted products for regulated medical cannabis dispensaries throughout California. The Company’s wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Winn-Dixie, Raley’s, Meijer, Kroger, and others throughout New Jersey, New York, Delaware, Maryland, Connecticut, Pennsylvania and the Midwest. Terra Tech’s MediFarm LLC subsidiaries are focused on medical cannabis cultivation and permitting businesses throughout Nevada. The Company’s wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies.

For more information about Terra Tech Corp visit: http://www.terratechcorp.com/

For more information about IVXX visit: http://ivxx.com/

For more information about Blüm Nevada visit: http://letsblum.com

For more information about Blüm Oakland visit: http://blumoak.com/

Visit us on Facebook @ https://www.facebook.com/terratechcorp/timeline

Follow us on Twitter @terratechcorp

Follow us on Instagram @socal_IVXX

For more information about Edible Garden visit: http://www.ediblegarden.com/

Visit Edible Garden on Facebook @ https://www.facebook.com/ediblefarms?fref=ts

Visit IVXX on Facebook @ https://www.facebook.com/ivxxbrand?fref=ts

News Compliments of ACCESSWIRE.

FOR MORE INFORMATION:

Please visit: www.microcapconf.com

Or, contact Tony Yu at tony@microcapconf.com

Contact:

Philip Carlson
KCSA Strategic Communications
TRTC@kcsa.com
212-896-1238

SOURCE: Terra Tech Corp

ReleaseID: 458181

Diamond Resorts International – Rediscover Health Through Relaxation at Lake Tahoe

LAS VEGAS, NV / ACCESSWIRE / March 27, 2017 / Diamond Resorts International® has added a destination to their resort network that capitalizes on the fabulous year-round weather of Lake Tahoe, a perfect match for summer vacations with lake and nature activities, and plenty of ski options for the winter traveler. Diamond Resorts International® Lake Tahoe Resort gives vacationers the ability to re-connect with one another in a natural setting, regardless of the season. Nightlife seekers will have access to all the fun and festivities available just a mile away in the exciting casino district.

Travelers who are due for a vacation can take full advantage of the benefits of nature with a trip to Lake Tahoe Vacation Resort — a paradise that is open year-round with activities and amenities that appeal to all inclinations. Summertime travelers enjoy swimming, boating, fishing, horseback riding, and hiking while wintertime adventurers revel in the world-class skiing and snowboarding available at the nearby Heavenly Mountain Resort — some of the finest terrain in the Sierra Nevada Mountains. Plus, the Diamond Resorts International® Lake Tahoe Resort is in proximity to a wide variety of area attractions, including the Reno and Carson City Nevada. Visitors can also experience city life of the Sacramento area. Whatever ones personal preference may be, there is no shortage of choices for the seasoned traveler, and experiencing the tranquility of nature with a touch of nightlife makes this the perfect destination for couples, families, or singles.

Breathtaking views of mountainside scenery offer a chance to become immersed mentally in the area’s beauty, while the concerns of the nine to five world melt away. A hike through the woods or a few trips down the powdery slopes let loved ones reconnect with each other in settings that are not encumbered by day-to-day distractions. Diamond Resorts International® is proud to introduce new and existing clientele to this fabulous resort location. A fitness center, swimming pool, and sauna offer the overworked visitor the perfect setting to kick back and relax, have a refreshing dip, and then head out to experience the variety of entertainment options and natural surroundings.

About Diamond Resorts International®

Diamond Resorts International®, with its network of more than 370 vacation destinations located in 35 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australasia and Africa, provides guests with choice and flexibility to let them create their dream vacation, whether they are traveling an hour away or around the world. Our relaxing vacations have the power to give guests an increased sense of happiness and satisfaction in their lives, while feeling healthier and more fulfilled in their relationships, by enjoying memorable and meaningful experiences that let them Stay Vacationed™.

Diamond Resorts International® manages vacation ownership resorts and sells vacation ownership points that provide members and owners with Vacations for Life® at over 370 managed and affiliated properties and cruise itineraries.

Diamond Resorts – Vacations for Life – Stay Vacationed: http://www.diamondresortsnews.com
Diamond Resorts (@diamondresorts) – Twitter: https://twitter.com/diamondresorts
Diamond Resorts International – Facebook: https://www.facebook.com/DiamondResortsInternational/
Diamond Resorts International® Why Vacations for Life® – YouTube: https://www.youtube.com/watch?v=wuBW2aWUO5s

For more information: www.diamondresorts.com

Contact Information:

Angela Triano
Tel: 551-574-8332
trianoangela@yahoo.com

SOURCE: Diamond Resorts International

ReleaseID: 458190

AmeriCann to Present at The MicroCap Conference in New York City

Presentation Scheduled for Tuesday, April 4 at 9:30am EST

DENVER, CO / ACCESSWIRE / March 27, 2017 / AmeriCann, Inc. (OTCQX: ACAN), an Ag-Tech company that is developing sustainable, state-of-the-art medical cannabis cultivation properties, announced today that Tim Keogh, Chief Executive Officer, will present at The MicroCap Conference in New York City on April 4, 2017.

The MicroCap Conference is an exclusive event for investors who specialize in MicroCap Companies to conduct one-on-one meetings with AmeriCann and other participating companies as well as view formal presentations. The conference will be held at The JW Marriott Essex House, 160 Central Park South, New York, NY 10019 at 9:30am ET on Tuesday, April 4, 2017.

AmeriCann is developing a 53-acre property in Massachusetts (acquired from Boston Beer Company (SAM-NYSE) for $4,475,000 in cash), as the Massachusetts Medical Cannabis Center (the “MMCC”). The MMCC is approved for 1 million square feet and is expected to be one of the largest and most technologically advanced cannabis cultivation facilities in the nation.

The regulated cannabis industry is one of the fastest growing industries in the country. The respected Wall Street firm of Cowen & Co recently released a research report projecting dramatic growth for the industry from the current $7 billion nationally to over $50 billion in ten years.

In November of 2016, Massachusetts, California, Maine, and Nevada voted to legalize recreational marijuana while Arkansas and North Dakota approved medical cannabis initiatives. Florida voters approved medical marijuana in a landslide with over 71% of the vote. With these election results, over 60% of the US Population now live in states where medical cannabis is now legal.

About The MicroCap Conference:

The MicroCap Conference is an exclusive event for investors who specialize in MicroCap Companies. It’s an opportunity to be introduced to and speak with management at some of the most attractive small companies, to learn from our various expert panels, and to network with buyside analysts and other micro cap investors.

For those interested in attending, please contact Fred Rockwell at fred@microcapconf.com or visit www.microcapconf.com/conferences/new-york-2017/ for more information.

About AmeriCann:

AmeriCann (OTCQX: ACAN) is a publicly traded Ag-Tech company that is developing and sustainable, state-of-the-art medical cannabis cultivation properties. The Company has over 1,000,000 square feet of facilities in the planning and design stages of development. The Company has designed a proprietary line of cannabis infused products which will be branded and licensed to companies in regulated markets.

AmeriCann, Inc. is a Certified B Corp, an acknowledgment of the company’s commitment to social and environmental ethics, transparency and accountability. AmeriCann became the first public cannabis company to earn this respected accreditation. More information about the Company is available at: www.americann.co or follow AmeriCann on Twitter @ACANinfo.

About Massachusetts Medical Cannabis Center:

The Massachusetts Medical Cannabis Center is approved for nearly 1,000,000 square feet of medical cannabis cultivation and processing in Freetown, Massachusetts. The state-of-the-art, sustainable, greenhouse project will consist of multiple planned phases for tenants in the Massachusetts medical marijuana market. AmeriCann’s Cannopy System uniquely combines expertise from traditional horticulture, lean manufacturing, regulatory compliance and cannabis cultivation to create superior facilities and procedures.

The first phase of the project consists of 130,000 sq. ft. of cultivation and processing infrastructure. AmeriCann can expand the first phase to approximately 600,000 sq. ft., based on patient demand.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K for the year ended September 30, 2016, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.

Contact Information:

Corporate:
AmeriCann, Inc.
3200 Brighton Blvd. Unit 114
Denver, CO 80216
(303) 862-9000
info@americann.co
www.americann.co
@ACANinfo on Twitter

Investors:
Hayden IR
hart@haydenir.com
(917) 658-7878

SOURCE: AmeriCann, Inc.

ReleaseID: 458183

Research Reports Initiated on Consumer Cyclical Stocks Reitmans, Sleep Country Canada Holdings, Hudson’s Bay, and Canadian Tire

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Retail – Apparel & Specialty industry. Companies recently under review include Reitmans (Canada), Sleep Country Canada Holdings, Hudson’s Bay, and Canadian Tire. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

At the closing bell on Friday, March 24, 2017, the Toronto Exchange Composite index edged 0.06% higher to finish the trading session at 15,442.67 with a total volume of 270,992,899 shares exchanging hands for the day.

Active Wall St. has initiated research reports on the following equities: Reitmans (Canada) Ltd. (TSX: RET-A), Sleep Country Canada Holdings Inc. (TSX: ZZZ), Hudson’s Bay Company (TSX: HBC), and Canadian Tire Corporation (TSX: CTC-A). Register with us now for your free membership and research reports at:

http://www.activewallst.com/register/

Reitmans (Canada) Ltd.

Toronto, Canada-based Reitmans (Canada) Ltd.’s stock edged 0.51% higher, to finish Friday’s session at $5.95 with a total volume of 40,538 shares traded. Over the last three months and the previous one year, Reitmans (Canada)’s shares have advanced 0.17% and 20.93%, respectively. Shares of the Company, which operates as a ladies’ specialty apparel retailer in Canada, are trading below its 50-day and 200-day moving averages. Reitmans’ 200-day moving average of $6.24 is above its 50-day moving average of $6.11. See our research report on RET-A.TO at:

http://www.activewallst.com/register/

Sleep Country Canada Holdings Inc.

On Friday, shares in Toronto, Canada headquartered Sleep Country Canada Holdings Inc. recorded a trading volume of 37,958 shares. The stock ended the day 3.39% higher at $32.35. Sleep Country Canada’s stock has gained 9.77% in the last one month and 13.67% in the previous three months. Furthermore, the stock has surged 70.80% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $30.78 is above its 200-day moving average of $29.89. Shares of the Company, which operates as a specialty mattress retailer in Canada, are trading at PE ratio of 24.69. The complimentary research report on ZZZ.TO at:

http://www.activewallst.com/register/

Hudson’s Bay Co.

On Friday, shares in Toronto, Canada-based Hudson’s Bay Co. ended the session 2.09% lower at $9.86 with a total volume of 375,625 shares traded. Shares of the Company, which owns and operates department stores in Canada, the US, and Europe, are trading below its 50-day and 200-day moving averages. Furthermore, the stock’s 200-day moving average of $13.74 is greater than its 50-day moving average of $11.55. Register for free and access the latest research report on HBC.TO at:

http://www.activewallst.com/register/

Canadian Tire Corp.

Toronto, Canada headquartered Canadian Tire Corp.’s stock closed the day 0.51% higher at $152.68. The stock recorded a trading volume of 143,992 shares. Canadian Tire’s shares have gained 8.74% in the last three months and 14.83% in the past one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $151.07 is greater than its 200-day moving average of $140.34. Shares of the Company, which provides a range of products and services through a portfolio of retail banners in Canada, are trading at a PE ratio of 16.56. Get free access to your research report on CTC-A.TO at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458194

Research Reports Initiated on Energy Stocks Spartan Energy, Kelt Exploration, Athabasca Oil, and Surge Energy

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Oil & Gas – E&P industry. Companies recently under review include Spartan Energy, Kelt Exploration, Athabasca Oil, and Surge Energy. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

On Friday, March 24, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,442.67, 0.06% higher, with a total volume of 270,992,899 shares.

Additionally, the Energy index was slightly up by 0.08%, ending the session at 196.63.

Active Wall St. has initiated research reports on the following equities: Spartan Energy Corporation (TSX: SPE), Kelt Exploration Ltd. (TSX: KEL), Athabasca Oil Corporation (TSX: ATH), and Surge Energy Inc. (TSX: SGY). Register with us now for your free membership and research reports at:

http://www.activewallst.com/register/

Spartan Energy Corp.

Calgary, Canada headquartered Spartan Energy Corp.’s stock advanced 3.31%, to finish Friday’s session at $2.50 with a total volume of 5.08 million shares traded. Shares of the Company, which operates as an oil and natural gas exploration and production company in Canada and the US, are trading below its 50-day and 200-day moving averages. Spartan Energy’s 200-day moving average of $3.08 is above its 50-day moving average of $2.68. See our research report on SPE.TO at:

http://www.activewallst.com/register/

Kelt Exploration Ltd.

On Friday, shares in Calgary, Canada headquartered Kelt Exploration Ltd. recorded a trading volume of 402,106 shares. The stock ended the day 0.66% higher at $6.08. Kelt Exploration’s stock has gained 0.33% in the last one month and 55.10% in the previous one year. Shares of the Company, which engages in the exploration, development, and production of crude oil and natural gas resources primarily in west central Alberta and northeastern British Columbia, Canada, are trading below its 50-day and 200-day moving averages. The stock’s 200-day moving average of $6.25 is above its 50-day moving average of $6.13. The complimentary research report on KEL.TO at:

http://www.activewallst.com/register/

Athabasca Oil Corp.

On Friday, shares in Calgary, Canada headquartered Athabasca Oil Corp. ended the session 0.71% lower at $1.40 with a total volume of 1.58 million shares traded. Athabasca Oil’s shares have gained 26.13% in the past one year. Shares of the Company, which engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada, are trading below its 50-day and 200-day moving averages. Furthermore, the stock’s 50-day moving average of $1.64 is greater than its 200-day moving average of $1.51. Register for free and access the latest research report on ATH.TO at:

http://www.activewallst.com/register/

Surge Energy Inc.

Calgary, Canada headquartered Surge Energy Inc.’s stock closed the day 0.82% lower at $2.42. The stock recorded a trading volume of 432,551 shares. Surge Energy’s shares have gained 14.15% in the previous one year. Shares of the Company, which engages in the exploration, development, and production of oil and gas properties in western Canada, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $2.81 is greater than its 50-day moving average of $2.62. Get free access to your research report on SGY.TO at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458197

Research Reports Initiated on REITs Stocks Allied Properties REIT, Boardwalk REIT, Dream Office REIT, and Artis REIT

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Real Estate Sector/REITs industry. Companies recently under review include Allied Properties REIT, Boardwalk REIT, Dream Office REIT, and Artis REIT. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

On Friday, March 24, 2017, the Toronto Exchange Composite Index was up 0.06%, finishing the day at 15,442.67.

Active Wall St. has initiated research reports on the following equities: Allied Properties Real Estate Investment Trust (TSX: AP-UN), Boardwalk Real Estate Investment Trust (TSX: BEI-UN), Dream Office Real Estate Investment Trust (TSX: D-UN), and Artis Real Estate Investment Trust (TSX: AX-UN). Register with us now for your free membership and research reports at:

http://www.activewallst.com/register/

Allied Properties REIT

Toronto, Canada headquartered Allied Properties Real Estate Investment Trust’s stock edged 0.69% higher, to finish Friday’s session at $36.53 with a total volume of 132,296 shares traded. Over the last one month and the previous three months, Allied Properties REIT’s shares have advanced 5.15% and 3.37%, respectively. Furthermore, the stock has gained 5.49% in the past one year. The stock’s 50-day moving average of $35.61 is above its 200-day moving average of $35.58. Shares of the Company, which operates as an unincorporated closed-end real estate investment trust in Canada, are trading at a PE ratio of 9.11. See our research report on AP-UN.TO at:

http://www.activewallst.com/register/

Boardwalk Real Estate Investment Trust

On Friday, shares in Boardwalk Real Estate Investment Trust recorded a trading volume of 88,109 shares. The stock ended the day 0.51% lower at $47.10. Boardwalk REIT’s stock has advanced 7.02% in the past one month. Shares of the Company, which engages in the acquisition, refurbishment, management, and ownership of multi-family residential communities in Canada, are trading above its 50-day moving average. The stock’s 200-day moving average of $47.78 is above its 50-day moving average of $45.91. The complimentary research report on BEI-UN.TO at:

http://www.activewallst.com/register/

Dream Office Real Estate Investment Trust

On Friday, shares in Toronto, Canada-based Dream Office Real Estate Investment Trust ended the session 0.16% lower at $19.11 with a total volume of 150,166 shares traded. Dream Office REIT’s shares have gained 15.89% in the past one year. Shares of the Company, which invests in the real estate markets of the Canada, are trading above its 200-day moving average. Furthermore, the stock’s 50-day moving average of $19.42 is greater than its 200-day moving average of $18.33. Register for free and access the latest research report on D-UN.TO at:

http://www.activewallst.com/register/

Artis Real Estate Investment Trust

Winnipeg, Manitoba-based Artis Real Estate Investment Trust’s stock closed the day 0.23% higher at $13.32. The stock recorded a trading volume of 175,214 shares. Artis REIT’s shares have gained 3.58% in the last one month, 7.16% in the past three months, and 5.30% in the previous one year. The Company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $12.89 is greater than its 200-day moving average of $12.40. Shares of the Company, which operates as a closed-end real estate investment trust in Canada, are trading at a PE ratio of 19.88. Get free access to your research report on AX-UN.TO at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458196

Danbury Roofing Pros Launches New Website

Danbury Roofing Pros introduces new website to service clients’ roofing needs in Connecticut.

Danbury Roofing Pros Launches New Website

Danbury, Connecticut, United States – March 27, 2017 /MarketersMedia/

Danbury Roofing Pros, of Danbury, Connecticut, is excited to announce the launch of their new website, designed to aid customers in finding the perfect roofing solutions.

Offering roof repair, replacement, and installation, along with siding and gutter systems, the company service Danbury, Darien, Greenwich, New Canaan, Westport, Fairfield County, and all of Connecticut.

Utilizing only the best products installed with expert workmanship, and delivering unmatched customer service is the goal.

Danbury Roofing Pros G+ highlights the professional quality roof repair and replacement performed by the experts at Danbury Roofing. Regardless of the project size – large or small – Danbury can deliver the solution from the smallest roof repair to the largest full roof replacement. In addition to exceptional roofing services, they offer installation of siding, including fiber cement, wood, and vinyl, and gutters, including seamless, copper, and aluminum. Each project utilizes the highest quality materials from trusted manufacturers like GAF, Harvey Building Products, James Hardie, and more.

Taking a look at the Danbury Roofing Pros Map assures customers that they are the complete roofing solution for all of Connecticut, commercial and residential, located close enough to deliver the best roofing in the state to any site and are able to follow-up easily if needed. At Danbury Roofing Pros, the team is experienced and qualified in both commercial and residential roofing, insured and licensed in Connecticut, trustworthy and honest, and always offers competitive pricing and, more importantly. value on each and every project.

“We take immense pride in our work and promise to deliver the best roofing services in Danbury, CT. We perform every project with the highest standard anywhere, always leaving your home spotless and delivering customer service second to none. We have a two-year guarantee on our work as well as lifetime warranties on a range of roofing materials. Contact us today for a free estimate.” – Francisco.R, Project Manager.

About Danbury Roofing Pros: Danbury Roofing Pros of Danbury, Connecticut provide professional commercial and residential roofing services to meet every client’s need – from roof repair to replacement, siding, gutters, and more. Offering a highly skilled, efficient, and expert team of roofers, Danbury Roofing Pros is dedicated to providing customers with the best experience possible through quality workmanship, premium products, and outstanding customer service.

Contact Info:
Name: Francisco. R
Organization: Danbury Roofing Pros
Address: 23 Backus Ave #3043, Danbury, CT 06810
Phone: (203) 648-9889

Source URL: http://marketersmedia.com/danbury-roofing-pros-launches-new-website/180968

For more information, please visit http://www.danburyroofingpros.com/

Source: MarketersMedia

Release ID: 180968

Research Reports Initiated on Industrials Stocks Bird Construction, Aecon Group, Badger Daylighting, and NAPEC

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Engineering & Construction industry. Companies recently under review include Bird Construction, Aecon Group, Badger Daylighting, and NAPEC. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

At the close of the Canadian markets on Friday, March 24, 2017, the Toronto Exchange Composite index ended the trading session at 15,442.67, 0.06% higher from its previous closing price.

The Industrials Index was in the red, closing the day at 207.88, down 0.09%.

Active Wall St. has initiated research reports on the following equities: Bird Construction Inc. (TSX: BDT), Aecon Group Inc. (TSX: ARE), Badger Daylighting Ltd. (TSX: BAD), and NAPEC Inc. (TSX: NPC). Register with us now for your free membership and research reports at:

http://www.activewallst.com/register/

Bird Construction Inc.

Mississauga, Canada-based Bird Construction Inc.’s stock edged 0.89% higher, to finish Friday’s session at $10.16 with a total volume of 69,499 shares traded. Over the last one month and the previous three months, Bird Construction’s shares have gained 13.52% and 12.14%, respectively. The Company’s shares are trading above its 50-day and 200-day moving averages. Bird Construction’s 200-day moving average of $9.72 is above its 50-day moving average of $9.25. Shares of the Company, which operates as a general contractor in Canada, are trading at a PE ratio of 17.28. See our research report on BDT.TO at:

http://www.activewallst.com/register/

Aecon Group Inc.

On Friday, shares in Toronto, Canada headquartered Aecon Group Inc. recorded a trading volume of 118,577 shares. The stock ended the day 0.18% lower at $16.93. Aecon Group’s stock has gained 5.35% in the last one month and 11.24% in the previous three months. Furthermore, the stock has advanced 6.75% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $16.55 is above its 200-day moving average of $16.27. Shares of the Company, which provides construction and infrastructure development services to private and public sector clients in Canada, the US, and internationally, are trading at PE ratio of 21.68. The complimentary research report on ARE.TO at:

http://www.activewallst.com/register/

Badger Daylighting Ltd.

On Friday, shares in Calgary, Canada headquartered Badger Daylighting Ltd. ended the session 0.31% higher at $32.33 with a total volume of 35,679 shares traded. Badger Daylighting’s shares have surged 47.42% in the past one year. The stock is trading above its 200-day moving average. Furthermore, the stock’s 50-day moving average of $32.61 is greater than its 200-day moving average of $30.82. Shares of Badger Daylighting, which provides non-destructive excavating services in Canada and the US, are trading at a PE ratio of 41.45. Register for free and access the latest research report on BAD.TO at:

http://www.activewallst.com/register/

NAPEC Inc.

Drummondville, Canada headquartered NAPEC Inc.’s stock closed the day 2.86% lower at $1.02. The stock recorded a trading volume of 376,667 shares. NAPEC’s shares have gained 9.68% in the last three months and 25.93% in the past one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $1.00 is greater than its 200-day moving average of $0.97. Shares of the Company, which through its subsidiaries, builds and maintains electrical transmission and distribution lines, power houses, and substations for the public utility and heavy industrial markets in Canada and the US, are trading at a PE ratio of 1,020.00. Get free access to your research report on NPC.TO at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458195

Blog Coverage Royal Dutch Shell Sells Its Gabon Assets to Assala Energy; Executes Next Step of its Divestment Strategy

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. blog coverage looks at the headline from Royal Dutch Shell PLC (NYSE: RDS-A) and Carlyle Group L.P. (NASDAQ: CG). Royal Dutch Shell, through its affiliates, announced on March 24, 2017, that it has reached an agreement with Assala Energy Ltd, a portfolio Company of Carlyle Group to sell 100% of its Gabon onshore interests for $587 million. The agreement is subject to certain conditions with closing expected in mid-2017. Register with us now for your free membership and blog access at:

http://www.activewallst.com/register/

Today, AWS is promoting its blog coverage on RDS-A and CG. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/register/

Breaking down the Agreement

This transaction includes all of Shell’s onshore oil and gas operations and related infrastructure in Gabon, which further includes, five operated fields, participation interest in four non-operated fields as well as the associated infrastructure of the onshore pipeline system from Rabi to Gamba and the Gamba Southern export terminal. Shell onshore in Gabon reportedly produced about 41,000 barrels of oil equivalent per day in 2016 while Shell Trading holds the lifting rights from the assets for the next 5 years.

Assala Energy will initially assume the debt of $285 million as part of the transaction. Additionally, the Company will make additional payments up to a maximum of $150 million as per pending performance and commodity prices. The transaction will result in impairment charges of $53 million post tax which will be taken in Q1 FY17.

Details of the transaction

Shell currently employs some 480 staff members, including about 50 expatriates. The Company holds 75% equity interest in Shell Gabon (SG), where the government holds the remaining 25%, and 100% interest in Shell Upstream Gabon. This transaction hands nine onshore oil fields and a network of oil pipelines to Carlyle-backed Assala Energy. Shell has been executing a divestment strategy since last year and has amassed almost $21 billion with a targeted $30 billion in net asset sales by 2018. The Company is focusing on its upstream business post its merger with BG Group last year, with a long-term strategy to boost cash flows and drive down debts.

Shell’s Divestment-Backed Growth Portfolio

Shell Global views this decision as a step under its strategy to concentrate on its upstream footprint where it expects to be more competitive. Post the recent divestments in the UK, Gulf of Mexico, and Canada, this agreement clears the air on Shell’s $30 billion divestment program and helps it execute a simplified upstream portfolio.

On March 09, 2017, Shell signed two agreements with a subsidiary of Canadian Natural Resources Limited, to sell all of its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%. The initial consideration for the assets was $8. 5 billion, comprising of $5.4 billion in cash with 98 million Canadian Natural shares valued at $3.1 billion. Prior to this announcement, Shell agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to $3.8 billion. The decommissioning costs associated were expected to be $3.9 billion, of which Shell would retain a fixed liability of $1 billion while Chrysaor would assume the remaining liability.

Stock Performance

At the close of trading session on Friday, March 24, 2017, Royal Dutch Shell’s share price finished last Friday’s trading session at $52.06, marginally down by 0.76%. A total volume of 2.83 million shares exchanged hands. The stock has advanced 11.33% and 16.05% in the last six months and past twelve months, respectively. Furthermore, the stock is trading at a PE ratio of 45.59 and has a dividend yield of 7.22%. At last Friday’s closing price, the stock’s net capitalization stands at $219.49 billion.

On Friday, March 24, 2017, the stock closed the trading session at $15.65, falling 1.57% from its previous closing price of $15.90. A total volume of 329.87 thousand shares have exchanged hands. Carlyle Group’s stock price advanced 1.31% in the last three months, 4.88% in the past six months, and 7.42% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have gained 3.64%. The stock currently has a market cap of $5.21 billion and has a dividend yield of 4.09%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458217

Post Earnings Coverage as Abraxas’ Q4 Top-line Rose to Outperform Market Estimates

Upcoming AWS Coverage on Kosmos Energy Post-Earnings Results

LONDON, UK / ACCESSWIRE / March 27, 2017 / Active Wall St. announces its post-earnings coverage on Abraxas Petroleum Corp. (NASDAQ: AXAS). The Company released its financial results for the fourth quarter fiscal 2016 (Q4 FY16) and full year fiscal 2016 (FY16) on March 14, 2017. The San Antonio, Texas-based Company’s quarterly revenues increased on a year-over-year basis, beating Wall Street’s estimates. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of Abraxas Petroleum’s competitors within the Independent Oil & Gas space, Kosmos Energy Ltd. (NYSE: KOS), reported on February 27, 2017, its financial and operating results for the fourth quarter of 2016. AWS will be initiating a research report on Kosmos Energy in the coming days.

Today, AWS is promoting its earnings coverage on AXAS; touching on KOS. Get our free coverage by signing up to:

http://www.activewallst.com/register/

Earnings Reviewed

During Q4 FY16, Abraxas’ revenues came in at $22.01 million, which was higher than $13.35 million recorded at the end of Q4 FY15. Revenues for the reported quarter also came in above market consensus estimates of $20.2 million. Furthermore, Abraxas posted operating income of $3.61 million during Q4 FY16 against operating loss of $72.30 million in Q4 FY15.

The energy Company’s net loss narrowed during Q4 FY16 to $5.30 million, or $0.04 loss per diluted share, from net loss of $67.42 million, or $0.64 per diluted share, in Q4 FY15. The Company reported adjusted net income of $0.98 million, or $0.01 per diluted share, in Q4 FY16, versus adjusted net loss of $2.35 million, or $0.02 loss per diluted share, in the comparable prior year’s quarter. The market analyst had forecasted the Company to report adjusted net loss of $0.01 loss per share for Q4 FY16.

For full year FY16, Abraxas’ revenues stood at $56.56 million compared to $67.03 million in FY15. The Company’s net loss during FY16 was $96.38 million, or $0.79 loss per diluted share, versus net loss of $127.11 million, or $1.21 loss per diluted share, in FY15. Furthermore, the Company reported adjusted net loss of $8.96 million, or $0.07 loss per diluted share, in FY16 compared to adjusted net loss of $7.88 million, or $0.08 loss per diluted share, in FY15.

Operating Metrics

In Q4 FY16, Abraxas’ Crude oil production volume increased to 4,923 barrels of oil per day (Bblpd), from 3,696 Bblpd in Q4 FY15. The natural gas production volume was 10,087 thousand cubic feet per day (Mcfpd) in Q4 FY16, which was higher than 8,352 Mcfpd in the prior year’s comparable quarter. Meanwhile, natural gas liquids production volume increased during Q4 FY16 to 1,350 Bblpd from 753 Bblpd in Q4 FY15. In the reported quarter, crude oil equivalent production volume was 7,955 barrels of oil equivalent per day (Boepd) compared to 5,841 Boepd in Q4 FY15. Furthermore, crude oil equivalent production volume in Q4 FY16 totaled 732 thousand barrels of oil equivalent (MBoe) compared to 537 MBoe in Q4 FY15.

Cash Matters and Balance Sheet

In the twelve months ended on December 31, 2016, Abraxas’ operating activities generated $26.87 million as net cash compared to $6.98 million in the prior year. The Company did not report any cash and cash equivalents balance as on December 31, 2016, while it had $3.54 million in cash and cash equivalents at the close of books on December 31, 2015. Furthermore, the Company’s total long-term debt fell to $96.62 million as on December 31, 2016, from $138.40 million as on December 31, 2015.

Guidance

In its guidance for full year FY17, Abraxas expects average production at midpoint in FY17 to be about 8200 barrels a day, rising 32% y-o-y with an exit rate of 9,500 barrels a day, up by 19% y-o-y. Furthermore, the Company stated that it was not adding any new wells in the first quarter of FY17 and is expecting nearly 15% production decline in Q1 FY17.

Stock Performance

At the close of trading session on Friday, March 24, 2017, Abraxas Petroleum’s share price finished last Friday’s trading session at $2.02, marginally declining 0.49%. A total volume of 1.52 million shares exchanged hands. The stock has soared 21.69% and 98.04% in the last six months and past twelve months, respectively. At last Friday’s closing price, the stock’s net capitalization stands at $332.59 million.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458216