W&T Offshore, Inc. (NYSE:WTI)
An independent oil and natural gas acquisition, exploitation, exploration and production company.
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Should ramp from here.
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With nuclear fears renewed, it only makes sense to back natural gas companies with a safety record for the foreseeable future. Nukes are scary. Coal is dirty. Green energy is too expensive.
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F$%^!
(and you know what I mean-That's the reason why MF won't let me blog, funny, because they had no problem letting me blog in August on PCX at $10-When everyone was running for the hills). IMO, Bunch of Amateurs here.
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Trades at an outrageously low multiple of cash flow.
Turn around the reserve growth and this could approach the high 20"s.
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dooooope
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reloading
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This is one of my STARZ.
Here is the thought process on this STAR:
a) Divided rate over Zero
b) 3 Year Beta between -5 & +3
c) 15% + Insider ownership
d) No greater than -50% Growth rate for the last 3 years (tough last couple of years so good that insiders are still owning the stocks)
e) Current CAPS rating between 3 Stars & 5 Stars
Open to all Industries and Sectors screened this down to just 250 stocks. I like round numbers. 12 of them I already own through other screening tools. I tend to be somewhat conservative but looking for 3 things at this point in my investing:
1. Stability & Strength
2. Yield and Modest Growth
3. Strong Position within a sector regardless of whether the
entire sector is strong or not. Each sector has to perform to some degree for the whole world economy to function. I am looking for 5 or more years down the road, ROI, and Growth. Not looking for rockets, just stars. This is a Star!!
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Solid cash flow, rebuilding capacity, high insider ownership, oil prices appear headed higher if not stable in current range, and finally revisions in Nat Gas production should strengthen prices
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natural gas will be fuel of choice in coming years. Stock at this price today 8.31 is very attractive I would strat a position here and cost average down. Stock could see 8.
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Red Raider is Lord
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low relative PE, good star & 2010 earnings. Bottom fishing week of 3/1
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Looking cheap right now, good company, "poised to pop".
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Significant low point for what seems to be a well-positioned company.
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Bargain valuation
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Oil will continue to go higher as the dollar falls and WTI stands to benefit.
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Reccomended at top stock of the day on CAPS 5/26/09 so I want to watch it.
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WE ALL NEED OIL
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Look at graph vs. S&P. Regression towards the mean alone will tell you this company will rise at least 20% from the price it's at today. Only cold right now because oil is cold.
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Everyone's talking about alt energy but we are decades away from oil independance.
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