# Sitting on a Cash Pile 14.0? Serving US Oil & Cas Companies

Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice.

Canonical HTML: https://www.livetradingnews.com/sitting-on-a-cash-pile-14-0-serving-us-oil-cas-companies
Last modified: 2021-05-28

---

By Paul Ebeling · 2021-05-28
Tags: Shayne Heffernan on Investments, buy, resistance, cash, support, Bullish, Paul Ebeling, Todays Trade Ideas, th
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#cash #bullish #buy

[$TH](https://finance.yahoo.com/quote/TH?p=TH&.tsrc=fin-srch)

Target Hospitality Corp. ([NYSE:TH](NYSE:TH)) broke out on 26 May at 3.24 and confirmed on 27 May at 3.70. The stock is trading at 3.86 pre-market Friday within its 52 wk trading range of 0.8200 - 4.2900

Thus, garnering a LTN Cash Pile Buy signal with a 1yr price target at 10.35/share.

The Street consensus price objective is 3.63

All of our Key technical indicators have turned Very Bullish, the support is deep and there is no overhead resistance.

![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg)

Target Hospitality Corp. operates as a specialty rental and hospitality services company in the United States. 

It operates through 4 segments: Permian Basin, Bakken Basin, Government, and TCPL Keystone. 

The company owns a network of specialty rental accommodation units with approximately 13,800 beds across 26 communities.

It serves investment grade Oil & Gas companies, energy infrastructure companies, and US government and government contractors. 

The company is HQ'd in The Woodlands, Texas.

Have a healthy holiday weekend, Keep the Faith!

---

This Markdown mirrors https://www.livetradingnews.com/sitting-on-a-cash-pile-14-0-serving-us-oil-cas-companies. The HTML page is canonical.
Site index for AI clients: https://www.livetradingnews.com/llms.txt
