Houston Natural Resources (OTC:HNRC) Soars on Divi
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https://topnewsguide.com/2022/07/08/houston-n...mmw-amyzf/
Houston Natural Resources Corporation (OTC:HNRC) – One of the biggest movers this week so far has been the Houston Natural Resources Corporation stock, which has managed to deliver gains to the tune of as much as 32% so far this week. It is expected to be in focus among investors this morning as well.
The company announced earlier this week that it was going to spin off all its non-energy assets into a new subsidiary unit named Worldwide Diversified Holdings Inc and then pay dividends to the shareholders. Following that the company is going to focus on acquiring oil and gas properties that could generate income, expand its network of wastewater treatment facilities and acquire more equipment for its network of 83 oil wells.
Last but not least,Houston Natural Resources Corporation is also going to work towards getting its stock uplisted to the OTCQB. Uplisting to a bigger exchange can often prove to be a major boost for companies.