This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Universal Bioenergy's NDR Energy Group Announces Record Sales Of 1.53 Billion Cubic Feet Of Natural Gas For September - Volume Up 126%

IRVINE, Calif., Oct. 22, 2012 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded independent diversified energy company, that markets and distributes natural gas, propane, petroleum and coal, announced that its subsidiary, NDR Energy Group, sold over 1.53 billion cubic feet (Bcf) of natural gas, setting a new record for the month of September of 2012. The record sales of natural gas is expected to generate millions of dollars in additional revenue for the Company.

The volume of natural gas sold by NDR Energy, set a new record for September, and is the highest in the Company's history for September, and tops the previous record sales of 675,000 MMBTU's of gas sold in September of 2010. The 1.53 billion cubic feet of natural gas sold in September, is a 126.6% increase over the 675,000 million cubic feet of natural gas sold for the month of September 2010, despite the continued mild weather. Natural gas prices are continuing on a strong upward trend. The NYMEX Henry Hub Futures price has increased by $1.58 per mcf, or by 70%, from a low $2.052 per mcf in April, to $3.63 as of October 21, 2012.

NDR Energy Group's, President and CEO Ken Harris says, "I continue to be extremely proud of our performance and growth. Our September sales results from our growing emphasis on longer term transactions and swing transactions. These deals provide a new and critical foundation for our sales department. Additionally, they illustrate the strong relationships that we have with many of our electric utility partners. Our increased monthly sales to utilities across the country certainly indicate an active, aggressive and productive sales force. Moreover, term deals indicate that our electric utility partners have significant and advanced confidence concerning the quality of NDR Energy's products, services and our ability to deliver firm supplies of natural gas."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs