South Shore Resources, Inc. - (OTC: SSHO) is engaged in the manufacturing, marketing, sales and distribution of porducts which are committed to fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive manufacturing industries which are either in development and/or commercialization stages.
Check out the three month chart for SSHO below. It shows the change in share prices:
As can be deduced from the chart, share prices have been steadily increasing since April a +$.06 difference, now share prices have been steady at $.20 for the majority of June. This could be an indicator of a possible breakout and may be showing that SSHO will continue to steadily increase in share price over the upcoming months.
Keep youre eye on this company at www.southshoreresources.com
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Crosstex Energy, Inc., - (NasdaqGS: XTXI) through its partnership interest in Crosstex Energy, L.P., engages in gathering, transmission, processing, and marketing natural gas and natural gas liquids (NGLs) in the United States. The company processes natural gas for the removal of NGLs and fractionates NGLs into purity products. It also purchases natural gas from natural gas producers and other supply points; and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, it operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems.
XTXI announced today that the Partnership has entered into a 10-year firm transportation agreement with a major Barnett Shale producer for an additional 50 million cubic feet of natural gas per day on its North Texas gathering system. Crosstex is constructing a compressor station on an existing gathering line to accommodate the customer’s transportation requirements. The project is scheduled to be completed and operational in the first quarter of 2011. Incremental investment required for the project is estimated to be less than $10 million and the annual cash flow from the agreement is expected to be approximately $8 million.
“This agreement is a prime example of how our strategic position in the Barnett Shale adds value. We are able to make relatively low-cost, incremental investments that generate high returns and enhance the utilization of our core assets,” said Barry E. Davis, Crosstex President and Chief Executive Officer. “We will continue to look for opportunities in North Texas where our operations are located in the heart of the Barnett Shale, one of the most significant shale plays in the U.S.”
Learn more at www.crosstexenergy.com
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Eni SpA Common Stock, - (NYSE: E) an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. The company involves in the production and sale of electricity;
In spite of uncertain perspectives for the global economy and muted expectations for the energy scenario on both the short and medium term, E's strategic direction has remained unchanged. Eni will continue pursuing growth and creating sustainable long-term shareholders’
Eni’s strategy is based on the following pillars:
* to preserve a solid capital structure;
* to select the best capital and investment opportunities;
* to pursue capital and operating efficiency;
* to manage risks;
* to leverage research and innovation;
* to apply the highest ethical principles of business conduct;
* to promote the sustainability of the business model.
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