Constellation Energy Partners LLC (NYSEMKT:CEP)
CAPS Rating:
The Company is engaged in the acquisition, development and production of oil and natural gas properties, as well as related midstream assets.
The Company is engaged in the acquisition, development and production of oil and natural gas properties, as well as related midstream assets.
Recs
I was a little early picking this (06/18) and my score shows it (negative 40 at writing) but this one has now dropped to the point that I've bought it in the real world. 10% of book value, 30% of sales, and 50% of cash flow. Industry averages are 2 times book, 3 3/4 times sales, and 8 times CF. With a quick ratio of 3.6 I'd think they'd have to hit on very bad times for the current price to look expensive. Very small company but a solid buy I believe.