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Rehydrogenated (35.05)

Geokinetics (GOK)

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June 21, 2010 – Comments (1) | RELATED TICKERS: GOK

Price/Sales (ttm):0.20Price/Book (mrq):0.66

Total Cash (mrq):37.70MTotal Cash Per Share (mrq):2.13

Current Price: $5.00

If you want to buy a stock that unfairly fell due to the oil spill, but you don't want to take the risk of buying BP, this is the stock for you. Geokinetics Inc., together with its subsidiaries, provides seismic data acquisition, and seismic data processing and interpretation services to the oil and natural gas industry. 

I just bought some. You should too.

1 Comments – Post Your Own

#1) On June 22, 2010 at 1:21 AM, alberta911 (77.29) wrote:

If you like seismic...

KINETEX RESOURCESCORPORATION (CDNX: KTX.V)
They are knee deep in Colombia and Santos just got elected...and their management changed to the busiest auditor...and they have been mightly punished
They are small, low overhead, efficient, and the best part is they don't depend on the oil companies for 100% of their revenue. They have a much wider footprint than just oil and gas and the ups and owns that go with that sector.

They have built up a significant following in the minerals exploration industry where the use of high density 3 component data has proved a breakthrough for potash and particularly uranium explorers.

Tie that in with their coal exploration experiences in Latin America and they have a good balance of oil and gas projects with their minerals projects.


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