hoc and royl. long shares. value energy stocks.
i have started to build a position in royl.
Royale Energy, Inc. is an oil and natural gas producer. The Company's principal lines of business are the production and sale of natural gas, acquisition of oil and gas lease interests and proved reserves, drilling of both exploratory and development wells and sales of fractional working interests in wells to be drilled by the Company. The Company owns wells and leases in geological basins located mainly in California. It offers fractional working interests and seeks to minimize the risks of oil and gas drilling by selling multiple well-drilling ventures that exclude the use of debt financing. The Company acquires interests in oil and natural gas reserves by sponsoring private joint ventures. Through its participation in joint ventures, the Company can acquire interests and develop oil and natural gas properties with limited expense and risk and still receive an interest in the revenues and reserves produced from these properties.
royl one of the best valued energy stocks i have been able to find.
good value, low debt energy stocks seem to be hard to find.
hoc is my other energy stock.
Holly Corporation is principally an independent petroleum refiner that produces high value light products such as gasoline, diesel fuel and jet fuel. Navajo Refining Company (Navajo), a wholly owned subsidiary of the Company, owns a high-conversion petroleum refinery in Artesia, New Mexico, which Navajo operates in conjunction with crude, vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery). The Navajo Refinery has a crude capacity of 60,000 barrels per day (BPD), can process a variety of high sulfur (sour) crude oils and serves markets in the southwestern United States and northern Mexico. The Company also owns Montana Refining Company, a Partnership (MRC), which owns a 7,000 BPD petroleum refinery near Great Falls, Montana (Montana Refinery), which can process a variety of high sulfur crude oils. |
