nsomniyak challenge:
CXPO, large cashflow and earnings obscured by mark to market (noncash) hedging loss has this one artificially low. I was impressed with them maintaing production levels.
DBLE, Rocky mountain gasser with finding costs of 1.00 per Mcf and multi year development acreage, will benefit from the Rocky mountain express pipeline jacking up prices in the region. Steadily expanding production and reserve growth make this one extremely attractive as a long term hold too imo.
FMA.to, discussed a lot lately. 1X fwd cash flow, fwd PE of 2. A no brainer imho.
Cash...always good to have dry powder
DXD and QID, sky high oil prices have me bearish. I remember what the high price of oil did to the market in the 70's. It wasn't pretty.
