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What Are the Listing Standards for Stocks on NYSE?

HENDERSON, NV / ACCESSWIRE / April 3, 2019 / Not all stocks can be listed with the NYSE. Listing requirements are a set of conditions which a firm must meet before listing a security on one of the organized stock exchanges, such as the New York Stock Exchange (NYSE), the Nasdaq, the London Stock Exchange, or the Tokyo Stock Exchange. The requirements typically measure the size and market share of the security being listed and the underlying financial viability of the issuing firm. Exchanges establish these standards as means of maintaining their own reputation and visibility.

Companies are meeting these requirements all the time, representing various sectors of industry. Take Camber Energy (CEI) from the oil and gas sector, which has worked very hard recently to improve their standing with the NYSE American and spent a lot of 2018 cleaning up the company and improving its efficiency. Their hard work is starting to receive recognition as CEI received a letter from the NYSE American about regaining several of their continued listing standards.

Oil and Gas stocks are well represented on the exchanges. Today we are going to highlight several of them here, including; Camber Energy, Inc. (CEI), NGL Energy Partners LP (NGL), Dril-Quip, Inc. (DRQ), Helmerich & Payne, Inc. (HP), and Cabot Oil & Gas Corporation (COG).

Camber Energy, Inc. (CEI) (Market Cap: $4.793M; Share Price: $0.38) recently turned a nearly $30 million shareholders' deficit into $7.6 million of positive shareholders' equity, increasing liquidity, extinguishing debt and fast tracking the company for regaining NYSE American compliance. Investors are starting to show support to management's progress and as more investors learn the story, the trend could continue. Oil & Gas investors seeking competent fiscal management and efficient operations should research CEI. The company also announced the execution of a non-binding Letter of Intent in connection with the company's proposed acquisition of a midstream pipeline integrity services, specialty construction and field services company in an all-stock transaction.

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NGL Energy Partners LP (NGL) (Market Cap: $1.747B; Share Price: $14.03) announced on Friday that it will attend the 3rd Annual Mizuho Energy Summit in Napa, California on April 1 - 2, 2019. Members of NGL's management team will be participating in a series of one-on-one meetings with members of the investment community at the conference. In March, it had also closed the previously announced transaction to acquire from DCP Midstream, LP (''DCP'') a wholesale propane and butane business, generally consisting of seven natural gas liquids terminals in the Eastern United States. NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water solutions, crude oil logistics, NGL logistics and refined products/renewables.

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Dril-Quip, Inc. (DRQ) (Market Cap: $1.632B; Share Price: $45.65) has an expected earnings growth rate of 76.2% for the current year. The Zacks Consensus Estimate for the current year has improved 69.4% over the past 60 days and carries a Zacks Rank #2. Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deep water, harsh environment, and severe service applications worldwide.

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Helmerich & Payne, Inc. (HP) (Market Cap: $6.299B; Share Price: $57.00) has an expected earnings growth rate of 1,107.4% for the current year. The Zacks Consensus Estimate for the current year has improved 32.3% over the past 60 days. Helmerich & Payne Inc. primarily engages in drilling oil and gas wells for exploration and production companies and has a Zacks Rank #2. The company operates through U.S. Land, Offshore, and International Land segments.

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Cabot Oil & Gas Corporation (COG) (Market Cap: $10.965B; Share Price: $25.90) has an expected earnings growth rate of 63.9% for the current year and the Zacks Consensus Estimate for the current year has improved 7.1% over the past 60 days. It recently announced the best year of its nearly three-decade public company history that provided record financial results, the culmination and in-service of several long-dated infrastructure initiatives, and continued momentum on the free cash flow front. Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and carries a Zack Rank #2. It primarily focuses on the Marcellus Shale with approximately 174,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania.

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Signed by

Priyanka Goel, CFA

Legal Disclaimer:

This article was written by Regal Consulting, LLC (''Regal Consulting''). Regal Consulting has agreed to a six-month term consulting agreement with CEI dated 11/15/18. The agreement calls for $28,000 in cash, and 200,000 restricted 144 shares of CEI per month. All payments were made directly by Camber Energy, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. CEI was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.

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