Energy Sector First Quarter Highlights- Capital Gains Report

• US Energy Sector Outperformed the Overall US Market +32.53% vs. -6.81%
• The Top Performing Sub-Industries include Integrated Oil and Gas (36.95%), Coal & Consumable Fuels (36.56%), and Oil and Gas Exploration and Production (36.22%).
• Viking Energy Group (OTCMKTS: VKIN), Southwestern Energy (NYSE: SWN), Gevo Inc. (NASDAQ: GEVO) and Ocean Power Technologies (NYSE:OPTT) Made Highlights in Q1
  

/EIN News/ -- NAPLES, Fla., April 04, 2022 (GLOBE NEWSWIRE) -- CapitalGainsReport.com, a website highlighting emerging small-cap equities, reports first-quarter highlights from the US Energy Sector. The sector outperformed the overall markets +32.53% vs. -6.81%.

Viking Energy Group, Inc. (OTCMKTS:VKIN) announced two new acquisitions to add to a growing portfolio of diversified energy assets. VKIN’s new assets include Medical & Bio-Hazard Waste Treatment Technology and Electric Transmission & Open Conductor Technologies. The acquisitions add to Viking’s already diverse holdings which include oil & gas interests, carbon capture technology, and a renewable green biodiesel production facility. The company’s fiscal Q1 earnings have not been announced yet.

Southwestern Energy (NYSE: SWN) announced Q4 & FY 2021 results and 2022 Q1 & FY guidance in February. Simply Wall St. forecast SWN to post earnings per share of US$1.25 next year compared to a net loss per share of US$0.032 last year.

Gevo Inc. (NASDAQ: GEVO) signed a “take-or-pay” agreement with Delta Air Lines, Inc. (NYSE: DAL) to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years.

Ocean Power Technologies (NYSE:OPTT) announced its revenues grew 53% to $484,000 in the third quarter of Fiscal Year 2022 compared to $317,000 for the third quarter of Fiscal Year 2021, driven by MAR and the growth of Strategic Consulting Services.

Visit CapitalGainsReport.com for more information on emerging micro-cap companies.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Capital Gains Report ‘CGR’ is responsible for the production and distribution of this content. CGR has been compensated fifteen thousand dollars via wire transfer by Regal Consulting LLC. to produce and syndicate content for VKIN. CGR is not operated by a licensed broker, dealer, or registered investment adviser.

CONTACT:

Mark McKelvie

mark@capitalgainsreport.com