Mariner Energy, Inc. (NYSE:ME)

CAPS Rating: 2 out of 5

An independent oil and gas exploration, development and production company with principal operations in the Gulf of Mexico, both shelf and deepwater, and in the Permian Basin in West Texas.

Recs

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Player Avatar karlarthur (< 20) Submitted: 10/25/2007 2:55:59 AM : Outperform Start Price: $22.91 ME Score: -18.82

The S+P rate this stock as a buy along with MSN Money and other web sites. If their analysis is questionable then who's results can an investor base his/her fundamentals on? I for one individual would suspect a young energy company would do very well in considering the price of oil. However it seems a little late in becoming another Exxon or Cheveron if the oil fields are drying up. I would think with in the proper time frame this company will do good, depending on economic conditions and company's operation performance, skills and suitable equipment to be strong producer of oil.

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