Whiting Petroleum Corp. (WLL)

[not one red cent ~NORC~]

.78 seems like a deal, but many of these smaller natural gas companies are facing bankruptcy. If they do file, shareholders are almost always left with nothing.

REXX has an EPS of -8.23 and a net income that is also in the red.

In Sept 2014 REXX was over $14 per share. It is now at .78

In Sept 2014 WRES was over $6 per share. It is now at .05 and the company just filed bankruptcy.


Use extreme caution. Most of these NG companies are currently high risk.

GLTA