Mariner Energy, Inc. (NYSE:ME)
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.
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Boom!!! Down goes the stock...
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up >40% in 1 day
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Priced to armageddon in institutional sell-offs. Good company DIRT cheap.
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Good and steady numbers.
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goood fundamentals but really i'm trying to baance the large hit to UNT that i recently took a position in.
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stock screen strategy
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ME has great exploration activity in GOM and stands to profit from lift of Drlg Moritorium
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Unfortunately America is never going to give up it's way of life and love affair with gas guzzling behemoths; add in the exploding Chinese driving population and you have a continuing increases in demand for oil for quite sometime, which can only help all of the oil comps.
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The pattern is upward movement. Steady and sound. I expect the long term will be very rewarding.
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FPE strategy.
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This company has a shockingly low P/E (8.8 on June 25). As the off-shore drilling frenzy increases, look for this company to improve on its already solid earnings of $2.00/share.
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Oil & gas is too hot not to add when the PE is still just 15. Probably be about 7 when the first storm comes through the gulf though...
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Analysts have increased current quarter estimates. Great P/E Ratio and RPS growth rate.
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A solid play in a solid sector
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As with all my picks: A very attractive P/E, excellent EPS growth rate and high five year growth prospects.
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As oil and NG prices rise, companies like ME simply have to abenefit.
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you cant go wrong on me
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Almost 40% above the S&P right now makes for a great move, and is coming off of a solid "cup with handle" formation. Look for $31+/share by the end of the month.
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DEMAND vs SUPPLY... Demand continues to grow globally... no doubt about it... as the supply continues to shrink Mariner Energy will have more business to explore for more oil/gas.
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A FORWARD MOVING OIL AND GAS BUILDING COMPANY.
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