$23.51 -1.01 (-4.12%)
11/6/2009 4:04 PM

Petrohawk Energy Corp (HK)

CAPS Rating: 4 out of 5

An independent oil and natural gas company engaged in the acquisition, development, production and exploration of oil and natural gas properties located onshore in North America.

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Member Avatar Kokubu (26.87) Submitted: 2/19/2008 11:09:07 PM : Outperform Start Price: $16.94 HK Score: +55.46

A quiet nobody whose senior staff has successful experience and history of building up their companies (w/ intention of selling), have watched this company progressively increase successful drililng of new reserves and selling off excess property that hasn't proven as rich as others in reserves.

Quite a lot short-term volatility due to fluctuating oil and fuel prices but long-term profitibility is steadily rising.

Still a chance that management is preparing this company for selling to larger operation. Although that sort of activity has greatly diminished the last several months.

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