McMoRan Exploration Co. (NYSE:MMR)

GOEBOC (< 20) Submitted: 3/5/2008 12:50:45 PM : Start Price: $17.13 MMR Score: -49.07

Oil and Gas and LNG in the gulf of México.

Beautiful!!: EBITDAX 2007: 340$M; 2008 est: 740$M a 900$M and Excess of Cash Flow: $315 a $465M. Great potential:

Ryder Scott Proved Reserves at 12/31/07: 363.9 Bcfe
( Composition: oil: 33%, Gas: 67%), Acquired Reserves in 2007: 312.8; PV of Proved Reserves @ 10%: $1.8 Billion; Market Cap 910.35M (Yahoo, Mar 4: 17.08); 3P Reserves at 12/31/07: 755 Bcfe

Sales: 481.17 (Dec 2007), 209.74 (Dec 2006), 130.13 (Dec 2005), 29.85 (DEc 2004); Revenue Growth:
- 1 Year 61%
- 3 Year 142%
- 5 Year 63%

And here is the point, shares are unfairly cheap because for the same years, Total Income Before Interest Expenses (EBIT): 2.80 (34.51) (16.19) (41.78) and Interest Expense: 66.37 10.20 15.28 10.25; so what shows to the market is -> Net Income From Total Operations (59.73) (47.65) (39.71) (51.67). Debt due to acquisitions will be reduced with strong cash flow.

forbes10 (99.86) Submitted: 11/19/2007 10:26:33 AM : Start Price: $11.27 MMR Score: -13.58

With so much blood on the streets, insiders are still buying gargantuan amounts of stock on the cheap. The risk reward here is looking quite favorable with a longer term horizon. I'm putting my money where my mouth is on this one and buying a couple K here.

steelpoker (22.85) Submitted: 11/8/2007 2:29:39 AM : Start Price: $12.35 MMR Score: -18.70

Time to have that deep gas play pay off...

spikenail (68.79) Submitted: 2/24/2007 8:02:49 PM : Start Price: $13.55 MMR Score: -27.96

Company was struggling.....now they are moving up...13.50 is a steal