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Energy Stocks to Prep for 2012

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October 07, 2011 – Comments (0) | RELATED TICKERS: PVX.DL , MCF

 

The new year will be here before we know it. There is nothing wrong with doing a little stock research and prep early this year. Looking for suggestions for 2012? We got ‘em! Vatalyst picked five, and here are our favorites.

"Provident Energy Ltd. (PVXProvident has a market cap of $2.23 billion with a negative price to earnings ratio. The stock has traded in a 52 week range between $6.87 and $9.48. The stock is currently trading at around $8. The company reported second quarter revenues of $416.38 million compared to revenues of $366 million in the second quarter of 2010. Second quarter net income was $40.21 million compared to net income of $-40.94 million in the second quarter of 2010.

 

Contango Oil & Gas Company (MCF) Contango has a market cap of $862.30 million with a price to earnings ratio of 13.33. The stock has traded in a 52 week range between $49.54 and $67.25. The stock is currently trading around $55. The company reported second quarter revenues of $42.1 million compared to revenues of $41.2 million in the second quarter of 2010. Second quarter net income was $17.5 million compared to net income of $15.4 million in the second quarter of 2010."

 

Find additional information here: http://turnkeyoil.com/2011/10/07/energy-stocks-to-prep-for-2012/ 

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