The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
Morgan Keegan's Select Idea for 2011: EXXI
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CHRIS PIKUL, Morgan Keegan
(01/04/2011)
"Following a strategic $1 billion acquisition from XOM, Energy XXI is positioning itself as a major player in the shallow-water shelf in the Gulf of Mexico. In addition, investors are anxiously awaiting data from two 'ultra-deep' wells, each of which are delineating substantial apparent discoveries. The company is still drilling to total depth in both wellbores, but information released to date indicates the geologic model remains viable. Given the strong outperformance of oily stocks in 2010, especially in Q4 (stocks up 35% vs. 14% increase in oil price), we think further equity appreciation may be more highly levered to further increases in oil prices, which mitigates the risk/reward a bit in our view. Nevertheless, given an uncertain outlook for natural gas prices near term, we expect continued investor migration into oily stocks. As such, we have sought out an oily E&P stock with meaningful drill-bit catalysts and an attractive valuation as our Select Idea for 2011." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >