CEI - Camber Energy Inc (NYSEAMERICAN:CEI) Subsidiary Viking Energy Group Inc (OTC:VKIN) Dual Energy Strategy To Benefit Shareholders
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Thestocks of companies involved in the development and distribution ofrenewable energy sources enjoy strong secular tailwinds. While oilprices were falling in 2020, green energy stocks were skyrocketing,reaching an all-time high in 2021 along with many other momentumstocks that had gotten ahead of themselves.
Now, in the present day,oil is once again in high demand. Many renewable energy plays havedropped recently from their recent highs. Again, the tide has turnedas investors seek safety in fossil fuels amid rising inflationfears.
This ebband flow between the two markets can make it challenging for investorsto keep up, this is what makes Viking Energy Group Inc. (OTC: VKIN) such an interesting company from an investor standpoint.
Viking Energy Group Inc,majority-owned by Camber Energy Inc. (NYSEAMERICAN: CEI) , hasmade a number of notable acquisitions and partnerships within thegreen energy sector while continuing to maintain a strong presence inthe oil and gas industries.
Dual Investment Strategy
While many analysts arepointing to renewables as the long-term solution in the future, oiland gas are still here for now. CEI and VKIN will both profit fromrising energy prices as well as increased emphasis onrenewables.
Thisdual investment strategy makes them a smart play in today'svolatile market.
At the moment, Viking Energy has oil and gas assets in the USthat are worth about $96 million. Some of these are in Kansas. It is adual-energy investment strategy.
Viking Energy CEO James Doris says, “We are aclean energy company which uses an IP license from Clean Energy, LLC,to generate clean energy… We are excited about what we have here,”he says. “We have a strong engineering department, and we have anESG license for carbon capture—that is our most valuable potentialasset.”
“Wemaintain an open mind about the oil/gas assets,” James Doris, CEO ofVKIN says. “We initially invested in oil and gas assets.” Now,VKIN offers investors the best of both worlds: green, clean energy andoil/gas assets.
The VKIN Umbrella
The technologies under their umbrella range fromcarbon capture to green biodiesel production. When oil demand drops ascountries work to meet climate change accords, or inflation slows, CEIand VKIN will still be able to thrive thanks to their diversifiedstrategies.
Some of the multiplestreams VKIN participates in green energy include:
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VKIN has secured US Patent (No. 11,286,832) relating to the IPand other rights licensed by VKIN from ESG involving a Bottoming CyclePower System related to its carbon capture technology. The new patentcovers the invention of an ‘exhaust-gas-to-exhaust-gas-heatexchanger.’ The result is that VKIN is in an improved position tobetter capture carbon and use it for somethingbeneficial.
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VKIN has investedin a Reno, Nevada processing plant designed to produce renewablediesel. To that end VKIN has entered into a Membership InterestPurchase Agreement with RESC Renewable Holdings, LLC., to buy themembership interests of New Rise Renewables, LLC.
Conclusion
While investors shouldpay attention to the overall trends shifting to making green energytransitions, it is still clear that the transition is gradual.
Investors should look tocompanies that are also making that same transition. Camber EnergyInc. (NYSEAMERICAN: CEI) and their subsidiary Viking EnergyGroup Inc. (OTC: VKIN) are companies making this same transitionand preparing for the future, while still hedging their bets withsmart investments in the oil and gas fields
Investors wanting to take advantage of the rise in greentechnologies in the long term, while playing off market volatility inthe short term, should look no further than VKIN.
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