Yuma Energy Inc
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Energy : Oil, Gas & Consumable Fuels | Small Cap ValueCompany profile

Yuma Energy, Inc. is an independent exploration and production company. The Company is oil and gas company focused on the acquisition, development and exploration for conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. It has approximately 13.3 million barrel of oil equivalent (Boe) of proved reserves. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. Its Greater Masters Creek Field properties are located in the Austin Chalk Trend in west central Louisiana. It also has interests in La Posada, Livingston, Lake Fortuna Field, Gardner Island and Branville Bay, Kern County Field Area, Livingston 3-D Project and Amazon 3-D Project in Louisiana.

Postmarket

Last Trade
Delayed
$3.35
0.14 (4.36%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$3.21
Day's Change
-0.04 (-1.23%)
Bid
--
Ask
--
B/A Size
--
Day's High
3.32
Day's Low
3.10
Volume
(Average)
Volume:
82,491

10-day average volume:
88,522
82,491

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ADTRAN, Inc. - ADTN

4:13 pm ET October 18, 2019 (Globe Newswire) Print

Pomerantz LLP is investigating claims on behalf of investors of ADTRAN, Inc. ("ADTRAN" or the "Company") (NASDAQ: ADTN). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether ADTRAN and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On July 17, 2019, ADTRAN announced "preliminary" earnings for second quarter 2019 due to its ongoing assessment of the reasonableness of its current and previously reported excess and obsolete inventory reserves. On this news, ADTRAN's stock price fell $3.69 per share, or more than 23%, to close at $12.13 per share on July 18, 2019. Then, on October 9, 2019, ADTRAN announced that its "revenue this quarter has been significantly impacted by a pause in shipments to a Tier 1 customer in Latin America and the continued slowdown in the spending at an international Tier 1 customer."

On this news, ADTRAN's stock price fell $2.10 per share, or more than 19%, to close at $8.81 per share on October 10, 2019.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:

Robert S. Willoughby

Pomerantz LLP

rswilloughby@pomlaw.com

888-476-6529 ext. 9980

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