| By Marketwire . | Article Rating: |
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| November 9, 2006 01:45 PM EST |
MIAMI, FL -- (MARKET WIRE) -- 11/09/06 -- Stock Market Alerts' performance stock list includes: Unicorp, Inc. (OTCBB: UCPI), Devon Energy Corp. (NYSE: DVN), Sunoco, Inc. (NYSE: SUN), Pacific Ethanol, Inc. (NASDAQ: PEIX).
Unicorp, Inc. (OTCBB: UCPI) has released news that is sure to excite investors this morning! Yesterday after the markets closed, the company (engaged in the acquisition, development, exploration and production of crude oil and natural gas) issued a press release announcing a 360% increase in revenue for the nine month period ended September 30, 2006.
If you have forgotten about Unicorp, you better look again! Revenue for the nine months ended September 30, 2006 was $564,495 compared to $122,688 for the same period in 2005. This represents a 360% increase over the 2005 period. Revenue for the 2006 third quarter was $287,766. This is an increase of 96% over the previous second quarter of 2006 of $146,579 and an increase of 169% over the same period in 2005 of $106,838.
Unicorp had also previously announced that it expected the total revenue for 2006 to be up more than 300% compared to 2005 and to be profitable, excluding non-cash charges, from operations by the end of fiscal 2006. The complete financial results will be filed by November 14, 2006 and can be viewed at the SEC web site at www.sec.gov.
Speculative investors need to continue watching this company! "We are pleased that our revenue has grown significantly and we continue to have great expectations as we complete this year and move into 2007," stated Kevan Casey, CEO of Unicorp. "We have identified and are participating in many prospects and have several that will drill before the end of fiscal 2006 and, if successful, will add significantly to our cash flow. We are very positive about our outlook and continue to focus on projects that will continue to add value to our company and shareholders."
Last week Unicorp announced that it has started producing oil from its Lee Walley Estate Well #1 located in Greene County, Mississippi. Once on pump Unicorp will have a more accurate estimate of what the potential is for this well but it is currently expected to produce approximately 100 barrels of oil per day. Unicorp is the designated operator of the project and has a 60% working interest and an approximate 46.8% net revenue interest.
Before the news was released, Unicorp's stock closed yesterday at Forty Seven cents a share.
An updated profile of Unicorp can be found at: http://www.wallstreettradingalerts.com/UCPI110806.html
Unicorp, Inc is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.
Other Stocks of interest yesterday were:
Devon Energy Corporation (NYSE: DVN) up 1.6% on 3.7 million shares traded. Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration, production and property acquisitions.
Sunoco, Inc. (NYSE: SUN) up 2.1% on 4.6 million shares traded. Sunoco, Inc. is a manufacturer and marketer of petroleum and petrochemical products.
Pacific Ethanol, Inc. (NASDAQ: PEIX) up 7.9% on 3.2 million shares traded. Pacific Ethanol's goal is to become the leading producer and marketer of renewable fuels.
Wall Street Enews is a Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit www.qualitystocks.net.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Unicorp, Inc. (OTCBB: UCPI). The compensation is ninety five thousand dollars (eighty one thousand for past services and fourteen thousand for current services) from the company. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.
The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.
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Published November 9, 2006
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