Berry Petroleum Company (NYSE:BRY)

BRY = 1.25 LNCO post merger and is currently trading at a discount to that. so 5% upside in the next couple of months when the two merge. Possibly more as LNCO rises when the Barrons negativity is forgotten.

commodity play with recent insider buying.

- The arab spring is more or less coming to an end or stabilize. Nothing US can do about Syria, and syria is not libya, it has a formidable army
- Iran's oil sanctions has already been priced in.
- The crisis in europe and china's coming crash is going to see oil and natgas bottoming together.
- Shale revolution has been overhyped by both obama and the media for US energy independence.
- And all these shale gas companies pouring investments into shale gas with natgas projected and planned at a $6-7 are going to get hit hard when natgas stays around the $2-3 range
- Excessive production of natgas due to increased shale gas production
- Shale gas, the 2 words that terrifies OPEC. OPEC has been increasing upstream production to bring oil prices down to end the shale revolution.

IOG Europe Article

.5

The book value is $18.57 and they have substantial oil reserves, this stock is going to $40+ within 12 months. Get some, own a secure asset and make money. That's what I have been doing with BRY.

With the price of oil as low (relatively speaking) as it is today and though I haven't been tracking this stock at all, I am going to pick it to go up. I would have to speculate that the drop in oil is already priced into their price per share given that they are trading at around 25% of their 52 week high. Having said that I by no means wish for the ppb to go back up, but it inevitably will and they should profit handsomely.

Oil and gas may be deep in to it right now, but long term as the world economy pulls itself up by it's bootstrapes, oil will make a comeback. Alt energy is wonderful, but it will take many years for it to make a significant dent in the use of oil. The days of easy extraction of oil are gone and some of the petroleum resources ie oil shale will require prices above $80 long term to exploit them economically. Oil fields around the world are showing decreases, some major, in their output. I am also convinced that OPEC is actually seriious this time about toeing the line on production reductions to try to drive the price of oil to the $70 mark or better. long petroleum 10 to 20 years!!

cheap oil stock

Fundament is great, very attractive stock into the future. Fair value cca 55$

Most of Berry's natural gas properties are located in basins in the Rocky Mountains that are still poised for
significant production gains. Berry's East Texas properties gives it more exposure to natural gas, balancing its reserve profile between gas and oil. Costs should drop next year due to lower industry wide activity. Berry's large positive oil hedge position prevents a bad situation from being worse. My price objective is based on average oil price of $45 and nat gas price of $6 for 2009, any increase in this could result in much better performance.

One year price objective: $20

Completely over sold!! Debt concerns weigh on this stock but I think that fear has created a good buying oppurtunity, This company makes more at $20 a barrel than it's currently being priced at! It's currently down almost 90% while oil is down about 65-70% from it's highs. The world is not dissaprearing and we will not stop consuming. buy!!!

$75+

Demand

the assumption is the oil price can only go higher so does berry

Oil Oil Oil

Piceance gas production ramping up big time. Oil coming off hedge pricing and will sell at $125/bbl.

CWAG

LAZY MANS WAY TO RICHES