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StockEgg Featured Company: New Century Energy Corp. (NCEY.OB) First Quarter Revenue up 100% based on Sub-$100 Oil

QualityStocks (June 6th, 2008) Writes:

Some companies just have all the luck. They work to find what they know could be a lucrative product, and find it. Then, to top off the find, the product’s value shoots through the roof just as the company’s efforts hit their production stride. Timing and luck - there is little one can do to predict it, but when the two get together there’s a solid payday on the way.

New Century Energy Corp., an oil and gas exploration and development company, works to explore and develop oil and gas properties in Texas. The company currently owns over 20,000 acres of oil producing properties and is working to increase its holdings through 2008. Where many smaller oil and gas exploration companies are looking to recapture or find new sources of oil and gas, New Century Energy is producing oil and gas with positive revenue results.

In the first quarter of 2008, the

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2 Solid Earnings Reports - Foster Wheeler (FWLT) and FTI Consulting (FCN)

Trader Mark (May 7th, 2008) Writes:
Knock on wood but we continue a strange streak of no major earnings blowouts from the myriad fund holdings. I had reduced both positions going into earnings to reduce risk, but looks like both came through quite well. As opposed to Huron Consulting (HURN) which we sold out of yesterday, peer FTI Consulting (FCN) just continues to execute quarter after quarter; beat estimates and raise guidance - par for the course for these guys. All the drivers that should be driving HURN are in fact driving FCN. All this earnings growth even with a large share count increase (nearly a quarter) - even more impressive. Business advisory firm FTI Consulting Inc. said Wednesday its first-quarter profit more than doubled, surpassing Wall Street's expectations, as fallout from the subprime mortgage mess spurred strong revenue growth across all business segments. For the three months ended March 31, the company reported income ...

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