TXCO Resources, Inc. (NASDAQOTH:TXCOQ.PK)

This is a good value for the asking price. Good short-term returns are expected

TXCO Resources set company records recently for revenues, oil and gas sales, cash flow, and total assets as announced on March 10, 2008. TXCO is an independent oil and gas enterprise. Its business strategy is to increase shareholder value through the acquiring of undeveloped mineral interests and using advanced technology to develop a core multi-year drilling inventory.

Great oil and gas exploration and development compnay. Has dominate position in Marverick Basin, Texas which includes oil, gas and Tar Sands. The Pearsall gas play may become the next Barnett Shale play and 7-10 million barrels of oil in the San Miguel Tar Sands basin will result in over 1 million net barrels to TXCO and partners. TXCO will sell or JV with others while retaining % ownership and/or royalites. Already has large position in west Texas Marfa Basin which will be next on development phase over the next several years. TXCO will prove the play. increase value and then repeat the JV process once again.

Natural gas inventories are at record highs and a price collapse seems imminent. Additionaly a major new pipeline from the Rockies will be opening up in January, pressuring prices further (overcapacity in the RM). The near term outlook is decidedly bearish for domestic nat gas producers. Long term a bit better.

Currently at lower end of its 52-week trading range. No news for a while has hurt the stock, but a lot of potential here and with any good news and it should move up. Demand for oil isn't going away soon.

The world will continue to be oil hungry for a long time. TXCO is well-run, well executed and although it will likely not experience any major gushers, it will provide a steady supply of a commodity that will increase in value tremendously as world oil becomes more scarce.

I found significant insider buying at market prices in march. Insiders must hold their shares for six months,at least.
This should be just a good starting point for screening, so I admit I´m gambling on this one.

just bought reserves, doubling co size. mrkt gives no value to new status.

Sales increased sharply, 47% in the past year but income and EPS dropped. I found no compensating reason for that. IBD gives them a D- grade and the year chart shows a lot of volatility but no price growth. It's an oil company and that industry is bound to go up but TXCO looks like a laggard in that group.

domestic energy company without any exposure to political whimps found in Africa and middle eastern countries - growth is projected at 100% next year

assets are undervalue. Possible merger candidate

I have bought and sold it a few times

huge unconventual resourse

New method

5-star $422 million market cap on 11/11/06
Oil and gas.
5STARsmallCAPS picks five star stocks with the smallest market caps.

From my own stock screen

the potential for this company is outstanding. 1. all production is in the U.S.(Texas), they are primarily an oil producer, 80/20 but are exploring a possible huge gas field and they ha

drilling more oil wells; oil will always make money.