RedChip Visibility recently released a research update on Longwei Petroleum, a diesel, gasoline, fuel oil, and solvent oil distributor operating in China’s Shanxi Province. In the report, RedChip analyst Rahul Sowani reaffirmed a Strong Buy rating on LPIH and raised the target price from $5.00 to $6.50.
Posts Tagged ‘Longwei Petroleum’
April 14th, 2010
RedChip Reiterates Strong Buy on Longwei, Raises Target Price
Posted in China, Energy, LPH, Stocks 
Tags: China oil and gas, Energy, Longwei Petroleum, LPIH, Small-Cap Stock
Tags: China oil and gas, Energy, Longwei Petroleum, LPIH, Small-Cap StockMarch 3rd, 2010
Longwei announces strong second quarter results
Posted in China, Energy, LPH, Stocks Tags: China, Chinese, Energy, Fuel, Longwei, Longwei Petroleum, LPIH, penny stock, small cap, Stock
Tags: China, Chinese, Energy, Fuel, Longwei, Longwei Petroleum, LPIH, penny stock, small cap, StockLongwei Petroleum, a China-based energy trading company, announced its second quarter fiscal year 2010 results ended December 31, 2009. In the Company’s earnings conference call, CFO Jim Crane was very optimistic on Longwei’s future, especially with the new addition of the Company’s facility in Gujiao.
