Penny Stock to Watch: Xtreme Oil & Gas (XTOG) Makes Money

The penny stock of Xtreme Oil & Gas Inc. (OTCBB: XTOG.OB) should open “hot” after closing the last trading session at $0.30 on volume of just 15,000 shares. The independent energy company focused on exploring, developing, and producing crude oil, announced 2011 annual revenues of roughly $2.5 million compared to just $90,000 in 2010.

Operating profit for the penny stock XTOG increased to approximately $649,000 for ...

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