Beacon Equity Research Featured Company: Universal Property Development and Acquisition Corp. (UPDA.OB)
Universal Property Development and Acquisition Corporation (OTC BB: UPDA) is a leader in the exploration, development, production, storage, distribution, and blending of oil and natural gas. UPDA operates through six subsidiaries located throughout Texas and Kansas. Continental Fuels, Inc., a wholly owned subsidiary of UPDA, trades oil and natural gas, while the other five subsidiaries are focused on exploration and production. UPDA owns controlling interests in various other energy businesses. The company also provides funding for developing proven energy reserves and new cutting-edge technologies. With these controlling interests, UPDA has the ability to expand its portfolio of assets and broaden…