+ Watch TGC
on My Watchlist
The Company is in the business of exploring for, producing and transporting oil and natural gas in Kansas and Tennessee.
price vs. outstanding shares and their current mkt cap makes this atrractive for the next year to two years. not over diluted like many of the energy stocks are.
TGC is focused on production growth in their core area in Kansas. They have fifteen wells and ten polymer workovers scheduled so production could increase in a dramatic fashion in 2011.
Yesterday, March 2, 2011 , this stock was up some 30 % for the day in very active trading (6 million + shares ) with no news or explanation ? What is going on with the current drilling program in Kansas ?? Most recent news release about this drilling program for this current quarter sounded optimistic .... Have they found something significant ?? This stock traded above $10. ten years ago.... May be worth speculation ??
Beat down sp
TGC is on a rebound and hitting on all cylinders! Increased bbls/day of oil, new finds coming on line and their methane equipment coming back on line should all add up to nice positive earnings and push their share price well over the $1 mark in my opinion. I am a long term holder and have recently added to my position.
As per Q3 10-K, TGC announced they Q3 production reached 46'000 barrels a 31% increase from the 35'000 barrels produced in Q1-2010.This is conservative as TGC indicated in their Q3 announcement that in October 2010 the monthly production reached 22'000 barrels, the highest monthly since January 2009. If this remain constant in 2011, the company would produce 264'000 barrels and potentially bring revenue to $23.76 million (assuming $90 oil prices) easily beating their 2008 revenues of $15.57 million. You may recall the stock price was about 3x higher than today. Also, TGC management has now proven its superiority to other small oil caps as they have been able to survive and thrive through the second worst US economic crisis as well as the 2007-2008 oil price collapse from an all-time-high of $140 to $30. Report this Post
With oil going up again this seems to be for a small company for the money a good bet it will finally explode and since it looks like they will make a profit their next earnings release. This penney stock has steadily been 0.57-0.64 for about six months, it finally seems to be moving, I would bet on it.
if it keeps on rising ,it should get you as much cash as you can make. the only problem is that you would have to buy a lot to make good money.
This is a long term growth stock with responsible managers.What seems to be incredible is that the stock price is resilient to sharp drops associated with this type of small, independent oil companies while at the same time rising admirably with the NYMEX crude oil price.In addition, the Co. is not in the Gulf region or any other country, so exogenous factors cannot affect its operations.
This little company is running hard. P/E at 9.94. Growth @ 300%! ROE is 32.75% and has debt/equity of .14. The company had a record month in July for new oil production and could top that by 18% in September if not August. As long as oil holds in the $105 per barrel range revenue will keep moving at a blistering pace. The CEO is from HAL. / TGC's P/E is well below the industry average and its growth is well above the industry average. TGC is a good way to go long on oil.
Experiment time... I will pick whatever stocks that are on the cold 5 star list on the last trading day of each month. There is no research involved other what is on the cold 5 star list at the end of each month. Each pick will be for one year. Lets see where this goes...
This stock is a victim of "small cap syndrome". Great fundamentals, just feverish selling. It'll come back.
This stock is undervalued.Has excellent financials - well run companySame strong financials as PDOMaking more profit than PDOLarger company than PDOAnd look at the price comparison.This stock is a Stong Buy
Time to sit and ride this up.
this stock will continue to climb up with the oil prices going up revenues grow with higher oil prices thus profits the sky is the limit
Read specs and numbers look good.
Local Oil and Gas. Iran will be a thorn soon enough...
It's cheap....let's ride this mule
Sold off, going up.
is very strog company ...ytp is 16$
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