$3.14 0.01 (+0.32%)
11/23/2009 3:59 PM

Parallel Petroleum Corp (PLLL)

CAPS Rating: 4 out of 5

The Company is engaged in the acquisition, development and exploitation of long life oil and natural gas reserves and, to a lesser extent, the exploration for new oil and natural gas reserves.

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Member Avatar getrichdietrying (80.78) Submitted: 9/14/2009 12:42:10 PM : Outperform Start Price: $2.82 PLLL Score: +4.98

It's not bad, I believe the it will double your investment so it's a good buy here.

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Member Avatar 19yisroel88 (89.56) Submitted: 12/15/2008 3:04:06 PM : Outperform Start Price: $2.82 PLLL Score: -19.96

oil will have its day back and when that day comes we will be leading the charge forward

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Member Avatar rfaramir (91.81) Submitted: 8/6/2008 12:32:07 PM : Outperform Start Price: $13.90 PLLL Score: -66.44

It is drilling productively in the Barnett Shale, Permian Basin (of West Texas and New Mexico), and other areas. CAGR is 42%. They're using modern methods, growing their proven reserves, in short, doing everything right as far as I can tell.

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Member Avatar jw1273 (< 20) Submitted: 4/24/2008 11:10:30 AM : Outperform Start Price: $21.28 PLLL Score: -68.78

Exploration for oil and gas. Oil will hit 180.00 just ask Jubak. Enough said......!

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Member Avatar CapiOne (< 20) Submitted: 2/19/2007 11:12:09 AM : Outperform Start Price: $18.68 PLLL Score: -64.00

Further sucess at wolfcamp will draw attention to the intrinsic value of reserves

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Member Avatar wyominggas (< 20) Submitted: 2/6/2007 7:49:06 PM : Outperform Start Price: $18.91 PLLL Score: -64.45

momentum. Oil is back on the rise. Gas is remaining strong. This is a volatile player in a commodity driven market. We are heading north

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Member Avatar jimpiccard (< 20) Submitted: 12/31/2006 3:13:11 AM : Outperform Start Price: $17.26 PLLL Score: -64.50

Run by some Texas (and one Oklahoman) good ol' boy; these guys changed their business model a couple years ago to Acquire and Exploit, and away from expensive discovery. Very efficient, love their work, adult. Also more volatile than the likes of Petrohawk and Cheseapeake; it goes down faster- and then up faster - than any of them, but with little true risk, since they don't move in on a field until someone else has already done the risky part. Not cheap based on P/Es; but a good buy-and-hold.

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Member Avatar birge1 (< 20) Submitted: 9/22/2006 9:09:42 PM : Outperform Start Price: $18.91 PLLL Score: -72.68

$20 stock. minor moves mean big % gains.

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Member Avatar mbornitz12 (< 20) Submitted: 8/22/2006 5:21:37 PM : Outperform Start Price: $22.72 PLLL Score: -76.80

This is a company with an excellent management team and key assets throughout Texas which should provide solid growth prospects with little risk.

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