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OilStockReport

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OilStockReport

Re: CashCowMoo post# 38

Thursday, 04/07/2011 1:20:48 PM

Thursday, April 07, 2011 1:20:48 PM

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I agree, I think I see some upside potential. What do you think?


McMoRan Exploration Co. (MMR) - Through its subsidiary, McMoRan Oil & Gas LLC, engages in the exploration, development, and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area of the United States. MMR has outstripped the S&P’s 52-week return by 199.31%. The company is trading below analyst’s estimates. MMR has a median price target of $21 by 7 brokers and a high target of $23. On Oct 11, 2010 CapitalOne southcoast upgraded the company from Neutral to Add.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.

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