GeoResources, Inc. (NASDAQ:GEOI)
CAPS Rating:
A natural resources company engaged in two principal business segments: oil and gas exploration, development and production; and oil and gas drilling.
A natural resources company engaged in two principal business segments: oil and gas exploration, development and production; and oil and gas drilling.
Recs
The Bakken, in my opinion, is the one domestic oil play that will have the least political resistance. Alaska, and deepwater concern me for obvious reasons. I do not foresee the conservative demographic turning big oil away here. I like OAS ( although a secondary is almost certain next year), GEOI, BEXP. TPLM is my spec play in the region.