$0.87
-0.02 (-2.03%)
Delta Petroleum Corp. (DPTR)
CAPS Rating:
The Company is engaged primarily in the exploration, acquisition, development, production and sale of natural gas and crude oil.
The Company is engaged primarily in the exploration, acquisition, development, production and sale of natural gas and crude oil.
Recs
This stock has lost 1/3 of it's value in the past 3 months. This is largely due to gas prices in the rocky mountain region plumeting to about $1 per Mcf. In Jan 08 a 42" pipeline will open to Misourri where the current price is more than $5. This plus increased winter ng demand will cause DPTR to go up.