Biofuels Momentum Watchlist: PBR, KBR, EC, AZPN
Viking Energy Group, Inc. (OTCMKTS:VKIN) is an intriguing way to play this growing demand for biofuel. The company has a Membership Interest Purchase Agreement in place to acquire a Renewable diesel production facility in the corporate tax-free city of Reno, Nevada. The facility is capable of producing 43 million gallons per year, according to estimates. VKIN’s biofuel could net larger margins than average biofuel producers because there is a pretreatment…