+ Watch SSN
on My Watchlist
I can see SSN above the $5 mark in about 3yrs or even sooner..
It's a good one.
This is one of the few Gas/Oil Companies that is still @ a penny stock status with the potential to grow rapidly as the world demand increases in emerging markets, i.e. China/India
Double or BK. I'm betting on double:-)
low priced Oil Stock
Oil is there, Price isn't going to drop much. All they need is more holes in the ground to get it up and to the market.
Oil will steadily grow in price, as will this companies stock. I predict several extremes throughout the year, but by December the stock is going to find itself a few percent ahead of where it was in early January.
Definitely outperform. Cash @ 54m and debt only 12k with a positive 52week change of 15% with all that has happened in the past 52 wks.
Little or no debt and the Brakken field position bode well for future development or partnership possibility with other Co's in same area
The Balken is hit but leases are becoming HBP, so the drilling activity will decline, still these are very expensive wells so only the financially sound will continue to develope these properties to potential and I believe SNN to be one.
where are the earnings you say? be patient
Covestor Model Manager William Smith sold SSN in his Price Volatility Volume Covestor Model ( http://covestor.com/William-Smith )
Let me just list all the red flags. p/e over 100, p/b over 14, only 9 employees for a company w/ a market cap above 300 million, less than 10 million in revenue over past 3 years. Yes they have some land in the new hot oil shale plays but they don't have the expertise with horizontal drilling to capitalize on this. This stock is very overbought.
few weeks> S&P
Great oil play in the second largest reserve in the world. can you say $5/gal gas?
Still underpriced for the potential this company has! Will continue to rise and perform!
SSN has an excellent acreage position in the Bakken oilfield. The estimated reserves in their acreage, plus their holdings in an adjacent oilfield have just been re-estimated by the Government Minerals and Land Management Bureau. The new estimates are twice as large the recoverable reserve capacity previously believed.
oil enough said
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions