Use access key #2 to skip to page content.

EnvestorFirst (26.90)

You Dont' Have to be Cheap to Like a Cheap Energy Stock

Recs

6

July 29, 2011 – Comments (2) | RELATED TICKERS: E , ATPAQ , SYNM.DL

Not sure if you really want to invest in energy? Or maybe you want to buy more energy stock, but don’t want to dive into an $80 stock. Whatever your situation, if you are looking for a good deal on an energy stock, these stocks are it. According to Rougemont, these stocks are cheap, and have are expecting solid gains. 

 

Syntroleum Corp. is trading for $1.35. Syntroleum develops and markets synthetic fuels. This includes diesel fuels, heating oil, aviation fuels, lubricants, naphtha, etc., and they have ability to process a range of feedstock, including vegetable oils, fats, fatty acids, and greases into synthetic distillate fuels, such as diesel fuel, heating oil, jet fuel, naphtha, and propane. Syntroleum has a joint venture with Tyson Foods, Inc. (TSN) and operates a huge biofuels plant. This plant, which opened just late last year, has the ability to turn animal fats into renewable diesel with a capacity of about 75 million gallons.

 ATP Oil and Gas Corp. is trading at $15.42. ATPG is an independent oil and gas company based in Texas. These shares have traded in a range between $8.85 to $21.40 in the last 52 weeks. The 50-day moving average is $16.48 and the 200-day moving average is $16.51. Analysts are expecting substantial growth from this company and see revenues jumping from about $762 million this year to about $1 billion next year.The earnings estimates are for a loss of $1.38 per share in 2011, but analysts see profits of $1.86 per share for 2012. If ATPG achieves that level of profitability, these shares could jump to $30 in 2012. 

ENI SPA (E) is trading around $45.42. ENI is a major integrated oil and gas company based in Italy. These shares have traded in a range between $35.10 to $50.30 in the last 52 weeks. The 50-day moving average is $48.59 and the 200-day moving average is $43.58. E is estimated to earn about $5.32 per share in 2011 and $6.06 for 2012."

 

 

 Find additional stock picks here:   http://turnkeyoil.com/2011/07/29/you-dont-have-to-be-cheap-to-like-a-cheap-energy-stock/

 

2 Comments – Post Your Own

#1) On July 29, 2011 at 2:52 PM, chk999 (99.98) wrote:

ATPG has the risk that the BOMRE can deny their permits. This is probably an undervalued stock, but be very careful, their fate is not under their own control

Report this comment
#2) On July 29, 2011 at 3:19 PM, EnvestorFirst (26.90) wrote:

Great point.

Report this comment

Featured Broker Partners


Advertisement