Today's Profile (AEPT) Is Crushing It, Up An Approximate 129% And Could Be Heating Up
Did you pull up AEPT yet and get it on your radar?
If you haven't, this new stock profile for Tuesday is rocketing out of the gates and up an approximate 129%!
Remember, I previously profiled this stock and watched it cruise 300% intraday. Could we see the same thing happen again today?
Make sure to read my report below and get AEPT on your screen now.
Today I'm bringing you a previous big-time runner that is once again showing strong upside potential.
Brought to you last November on the morning of the 7th, this stock profile opened the trading session at $.0045 before rocketing to a high of $.018.
When the dust settled, this stock had blazed a 300% surge intraday!
Your past champ stock profile for Tuesday, April 14th is:
> American Energy Partners, Inc. (AEPT) <
American Energy Partners, Inc. and its group of companies are dedicated to delivering solutions wherever energy production and water meet technology. The company has positioned itself to benefit from above-favorable margins on each of its subsidiaries due to the synergy of the chain of revenues.
#1 AEPT Potential Catalyst - Top Line Revenue Growth
American Energy Partners, Inc. Announces Record 2019 Year End Guidance Top Line Revenue Growth Over 230%
ALLENTOWN, PA, March 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – American Energy Partners, Inc. (“American Energy”) (PINK: AEPT), a diversified energy company, announces today that we have completed a record year for the fiscal year 2019 year ending December 31 and are poised to continue growth through 2020 with little correlation to the overall market.
- Top line revenue grew by well over 230%
- Organic growth revitalized and above September guidance at +60%.
- Total assets grew by 68%.
- American Energy management cut its net operating loss by over 50%.
- American Energy’s ending cash balance increased by over 130%.
Exogenous factors contributing to economic slowdown in the oil and gas industry, as well as many other factors have not and for the foreseeable future should not affect American Energy. We have successfully insulated American Energy by focusing on the energy services sector, while still maintaining ownership of a small oil and gas well portfolio despite price volatility.
American Energy has a strong “Buy and Build” strategy for growth. Our strategic agenda has since completed the acquisition of both Hickman Geological Consulting, LLC and Oilfield Basics, LLC. Both acquisitions were immediately cash accretive and in line with our disciplined acquisition process.
We maintain a robust pipeline of potential targets. This pipeline is carefully selected to fit within our strategic pillars. Sellers must be accretive. We are not focused on turnarounds at the moment. Below are key highlights of the acquisition process:
- Sustainable Margins
- Recurring Revenues
- Quality Customers
- Strong Management
We insist on retaining existing management and sellers generally receive a combination of cash, stock, and notes plus performance-based incentives.
When asked for comment, American Energy CEO Brad Domitrovitsch stated, “Though we are certainly encouraged by the most recent KPI’s, we still see a great deal of work in the coming months. We have identified a pathway to pro*fitability which can be summed up in four elements.” Mr. Domitrovitsch went on to describe this pathway to pro*fitability and is paraphrased below:
- Deleveraging & Releveraging Balance Sheet
- Streamlining Corporate Overhead
- Enacting Operational Efficiencies & Controls
- Uplisting to OTCQB and Annual Audits
As a final remark, Mr. Domitrovitsch emphasized, “Although our share price and development KPIs are not where we would like them to be, I am convinced that we are on the right path to better growth over the coming months and years.”
Read The Full Article Here.
More Info On AEPT's Subsidiaries
The following info is from this OTC Disclosure from AEPT.