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$22.68 -1.31 (-5.46%)
10/10/2008 4:01 PM

Arena Resources, Inc. (ARD)

CAPS Rating:
***

The Company is engaged in oil and natural gas acquisition, exploration, development and production, with activities currently in Oklahoma, Texas, New Mexico and Kansas.

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Recs

8

Avatar birge1 (26.27) Submitted: 4/21/08 3:26 PM : Outperform Start Price: $46.92 ARD Score: -15.45

virtually pure oil, >90%. small but growing, thus gigantic yrly prdctn jumps. cashing in on $100 oil. about 14 straight qtrs prdctn growth so far. will add low quality gas prdctn late '08/early '09 from "throw away" zones now. few shares o/s (32 mil); can split again and again up to 125 mil shares and still make >$1/shr profits in next 3 yrs. mrkt likes that. field is west tx; inland and sheltered from hurricanes; just fight frigid winters and mush in spring thaws. a real moneymaker !

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