Oil Companies Expecting 50% Or More In Gains
Its always beneficial to find stocks that are expecting big gains. 50% gains are great news for investors, and each of the following companies are expecting such gains within a year. Fast growth can be very impressive and exciting for investors. David White provides due diligence on each of these for oil companies.
"Triangle Petroleum Corp (TPLM) engages in the acquisition, exploration, and development of unconventional shale oil resources. It has approximately 72,000 net acres in the North Dakota Bakken/Three Forks oil play. Plus it has 413,000 net acres in the Maritimes Basin of Nova Scotia. The prolific Bakken is its gem at the moment.
Approach Resources Inc. (AREX) is an oil and gas explorer and producer. It has 140.400 net acres in the Permian Basin; 4,400 net acres in Cotton Valley; 79,800 net acres in the Mancos Shale in New Mexico; and 40,400 net acres in the New Albany Shale in Kentucky. An interesting point is that Yale University held 97,053 shares of AREX at the end of Q2 2011. It had added 18,477 shares to its position during the quarter. Yale is considered a knowledgeable and conservative investor.
Stone Energy Corp. (SGY) is an independent oil and natural gas company. It engages in the acquisition, exploration, development, and operation of oil and gas properties located in the Gulf of Mexico and the Appalachia region. SGY has 74,200 net acres in the Marcellus Shale (Appalachia). The entirety of the acreage is believed to be in the core, over pressured area of the Marcellus play. It has a Joint Venture with Atinum in part of this area (part of the 99,500 gross acres). It has 92,000 net acres of undeveloped plays in the Rocky Mountain Region. It has 65 active properties and 102 primary term leases in the Gulf Coast Basin."
Find additional charts and research here: http://turnkeyoil.com/2011/08/19/oil-companies-expecting-50-or-more-in-gains/