Lexington Energy Services Inc.
(OTCBB: LXES)
Dallas, March 20, 2007 – Lexington Energy Services Inc. (OTCBB: LXES) has receive a rating of “Attractive” with a price target of $4.21 by Equity Stock Analysis (ESA). The report is authored by Senior Research Analyst, Kris Gupta, CFA.
The full report is available at http://www.equitystockanalysis.com
In the report Mr. Gupta writes, “”Lexington Energy Services presents a viable business model subject to continued sales and ongoing contractual relationships.
“The energy services companies in the oils sands of Canada at this point have tremendous room for growth and it has been repeatedly predicted that this growth in terms of exploration and energy service support will not peak until somewhere between 2010 and 2012.”
Mr. Gupta continues, “This stock represents an attractive buy with significant upside potential subject to the execution of stated business plans supported by the revenue generated from both sales and leasing of equipment and prudent management of assets and the stated potential litigation risks.
“We are today issuing a target of $4.21 as outlined in this report.”
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EQUITY STOCK ANALYSIS (”ESA”) is committed to the highest ethical standards and as such is not subject to external pressure that is sometimes experienced to issue biased research. This pressure is avoided by refusing to accept companies that cannot be recommended with objectivity, quality, and accuracy of research. ESA and its Certified Financial Analysts are independent, objective, and have a reasonable and adequate basis for our investment recommendations. ESA has established formal written policies supporting independent and objective analyst research. ESA has senior corporate officer publicly attest, at least annually, to adherence to the policy.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Lexington’s filings with the Securities and Exchange Commission, including, without limitation, Lexington’s recent Form 10-QSB, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
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