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Posted On: 01/07/2023 8:27:38 AM
Post# of 323
Stock Gainers in the News: $HNRC
https://thestreetreports.com/stock-gainers-in...ff-mgwcse/
As the first trading week of the New Year comes to a close, there have been some interesting development in the market and it is important for investors to have an idea about some of the stocks. Throughout the course of the past few days, there have been stocks that have made notable gains and have been in the news as well. It could be a good idea for investors to consider having the necessary idea about the news surrounding these companies. Here is a quick look at 5 such stocks which have made gains.
Houston Natural Resources Corp (OTCMKTS:HNRC) – On Thursday, the Houston Natural Resources Corp stock emerged as one of the major movers as it ended up with gains of as much as 8.29%. More importantly, the trading volumes in the stock had also been higher than average.
The company came into the news yesterday that its majority-owned entity HNRAC Sponsors LLC had sponsored a SPAC named HNR Acquisition Corp. It was announced that the SPAC had gone into a purchase agreement with Pogo Resources along with its two affiliates for a purchase price of $120 million. Pogo is based out of Dallas and is involved in the acquisition, development and exploration of oil and gas assets in Permian Basin in Texas.
https://thestreetreports.com/stock-gainers-in...ff-mgwcse/
As the first trading week of the New Year comes to a close, there have been some interesting development in the market and it is important for investors to have an idea about some of the stocks. Throughout the course of the past few days, there have been stocks that have made notable gains and have been in the news as well. It could be a good idea for investors to consider having the necessary idea about the news surrounding these companies. Here is a quick look at 5 such stocks which have made gains.
Houston Natural Resources Corp (OTCMKTS:HNRC) – On Thursday, the Houston Natural Resources Corp stock emerged as one of the major movers as it ended up with gains of as much as 8.29%. More importantly, the trading volumes in the stock had also been higher than average.
The company came into the news yesterday that its majority-owned entity HNRAC Sponsors LLC had sponsored a SPAC named HNR Acquisition Corp. It was announced that the SPAC had gone into a purchase agreement with Pogo Resources along with its two affiliates for a purchase price of $120 million. Pogo is based out of Dallas and is involved in the acquisition, development and exploration of oil and gas assets in Permian Basin in Texas.
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