STOCK TITAN

VICTORY OILFIELD TECH INC - VYEY STOCK NEWS

Welcome to our dedicated page for VICTORY OILFIELD TECH news (Ticker: vyey), a resource for investors and traders seeking the latest updates and insights on VICTORY OILFIELD TECH stock.

Victory Energy Corporation is a public held, independent growth-oriented oil and gas exploration and production company based in Austin, Texas, with additional resources located in Midland, Texas. The company focuses on acquiring and developing unconventional resource play opportunities in regions like the Permian Basin and the Eagle Ford shale of South Texas. Their asset portfolio includes both vertical and horizontal wells in formations such as the Eagle Ford, Austin Chalk, Woodbine, and more. With over 150 years of experience, Victory has a seasoned management team and industry relationships to support company growth.

Rhea-AI Summary

Victory Clean Energy (OTC PINK: VYEY), a leader in green hydrogen energy, has engaged McCarvill Capital Partners (MCP) to assist in raising equity capital. This partnership aims to accelerate the commercialization of Victory's TrueGreen Hydrogen™ technology, positioning the company at the forefront of the clean energy transition. MCP specializes in raising capital for alternative investments, including energy and infrastructure sectors, and currently represents companies targeting a combined $5 billion. Victory's CEO, Jim McGinley, expressed confidence that MCP's expertise will be important in securing the necessary capital to bring their innovative technology to market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Victory Clean Energy (OTC PINK:VYEY) has rescheduled its investor call from August 7, 2024, to August 13, 2024, at 12:00 p.m. EDT / 9:00 a.m. PDT. This delay is to allow additional time to finalize the Proton Power transaction. The company, a leader in green hydrogen energy innovation, will host a webcast to discuss the acquisition and technology in detail.

Investors can participate in the call by registering through the provided link. The webcast will be available live and as an archived replay in the Investor Relations section of Victory's website. Dial-in options are also available for those who prefer phone access.

This rescheduling demonstrates Victory's commitment to ensuring all details of the Proton Power transaction are properly finalized before presenting to investors, potentially indicating the significance of this acquisition for the company's future in the clean energy sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary

Victory Clean Energy, a leader in the green hydrogen energy sector, announces its subsidiary H2 Energy Group's participation in the Advanced Clean Technology Expo and Best Ideas Dinner. H2EG will showcase TrueGreen Hydrogen™ production solutions at the expo and present at the dinner. CEO Jim McGinley highlights the company's low-cost hydrogen production and upcoming industry events.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary

Hyliion Holdings Corp. and Victory Clean Energy Inc. have signed a non-binding letter of intent for Victory to purchase up to 10 KARNO generators from Hyliion to be deployed in H2 Energy Group's hydrogen production facilities. The generators will produce electricity using hydrogen-rich syngas derived from renewable biomass, with the first five units expected to be received in the second half of 2025. Each generator is capable of producing 200 kW, with a total capacity of 1MW. H2EG plans to purchase an additional five generators if the initial units are successful. The partnership aims to advance global sustainability efforts by leveraging green hydrogen production.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Victory Clean Energy's subsidiary H2EG will attend the Advanced Clean Technology Expo to showcase its industry-leading TrueGreen Hydrogen production solutions. The company emphasizes its low production costs, innovative technology, and commitment to sustainability in the green hydrogen sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary
Victory Clean Energy (VYEY) has been invited to present at Integrous Communications Big Hearts, Big Ideas Virtual Investor Conference on February 13-15th, 2024. David Voyticky is scheduled to present on February 14, 2024, at 12:00 PM EST. The presentation will focus on the company's green-tech zero emission Green Hydrogen production using completely Sustainable and Renewable biomass. Management will also be available for one-on-one meetings throughout the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary
Victory Clean Energy Inc's subsidiary H2 Energy Group Inc. partners with Redding Rancheria Economic Development Corporation to bring Affordable TrueGreen Hydrogen™ to Native American and Disadvantaged Communities in Northern California. The collaboration aims to combat climate change and improve the lives of these communities by providing Sustainable TrueGreen Hydrogen™ technology and expertise to transition to sustainable energy sources and reduce reliance on fossil fuels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Victory Clean Energy Inc's subsidiary H2 Energy Group Inc. and Redding Rancheria Economic Development Corporation have announced a partnership to bring Affordable TrueGreen Hydrogen™ to Native American and Disadvantaged Communities in Northern California. The project aims to transition these communities to sustainable energy sources and reduce reliance on fossil fuels. The partnership represents a significant step in combating climate change and improving the lives of these communities. H2 Energy Group's CEO, Jim McGinley, and Redding Rancheria Economic Development Corporation's President, Jeremy Hayward, expressed their commitment to creating a brighter, more sustainable future through this collaboration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Victory Clean Energy, Inc. (VYEY) has announced the retention of Integrous Communications as its investor relations advisor. The company aims to strengthen its connection with the investment community and maintain an open dialogue with stakeholders. CEO Jim McGinley expressed excitement about the partnership, highlighting Integrous' experience and expertise in supporting Victory's growth initiatives. Derek Gradwell, Founder of Integrous Communications, also expressed enthusiasm for the collaboration, emphasizing their commitment to enhancing Victory's investor relations program and building long-term relationships with the investment community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Victory Clean Energy, Inc. (VYEY) announces the successful merger with H2 Energy Group Inc., forming a leading Green Hydrogen company. The merger aims to provide clean, reliable, and cost-effective energy sources to diverse clients, focusing on decarbonization in heavy transportation and industrial Hydrogen markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags

FAQ

What is the current stock price of VICTORY OILFIELD TECH (vyey)?

The current stock price of VICTORY OILFIELD TECH (vyey) is $0.3 as of December 24, 2024.

What is the market cap of VICTORY OILFIELD TECH (vyey)?

The market cap of VICTORY OILFIELD TECH (vyey) is approximately 159.2M.

Where is Victory Energy Corporation based?

Victory Energy Corporation is based in Austin, Texas, with additional resources in Midland, Texas.

What are Victory's primary areas of focus?

Victory focuses on acquiring and developing unconventional resource play opportunities in regions like the Permian Basin and the Eagle Ford shale of South Texas.

What formations are included in Victory's asset portfolio?

Victory's asset portfolio includes formations such as the Eagle Ford, Austin Chalk, Woodbine, and more.

How experienced is Victory's management team?

Victory has a seasoned management team with over 150 years of combined experience in the industry.

What industry relationships does Victory have?

Victory has extensive industry relationships that support the company's growth and development.

VICTORY OILFIELD TECH INC

OTC:VYEY

VYEY Rankings

VYEY Stock Data

159.21M
258.24M
51.34%
Oil & Gas Equipment & Services
Energy
United States of America
Austin