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Re: catdaddyrt post# 40

Sunday, 10/07/2012 1:26:00 PM

Sunday, October 07, 2012 1:26:00 PM

Post# of 59
$NFX reasons to buy in my opinion:

>It just successfully disposed of $565mm of non-strategic assets in the Gulf of Mexico to W&T Offshore (WTI).

>Natural gas prices are up some 50% off their lows earlier the year and this should start to show up in the company's bottom line.

>It continues to execute well against a plan to move production from 30% oils & liquids in FY2010 to 48% by the end of FY2012.

>The stock is selling at the bottom of its five year valuation range based on P/B, P/E, P/S and P/CF.

>The twenty analysts that cover the stock have a median price target of $42.25, some 40% above the current stock price.

>Analysts also expect between 7% and 12% revenue growth for FY2012 and FY2013 and the stock has a five year projected PEG of under 1 (.80).

>The stock is cheap at just 96% of book value and three times operating cash flow.

OTCBB / Pink Sheet Oil & Gas Stocks

Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.

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