Double Eagle Petroleum Company (DBLE) is a company with a market capitalization of just under $49 million. Double Eagle has managed to keep its total producing and finding down with the big boys.
Nearly all of the company’s production is currently coming from the Atlantic Rim and Pinedale Anticline plays in Wyoming. Both plays appear to still have plenty of future growth remaining. However, the true long-term catalyst for this stock may be its 70,000 net acres in the Niobrara Shale play.
Other major players such as EOG Resources (EOG), Noble Energy (NBL), and MDU Resources (MDU) have already staked their claims in this up and coming play that many are comparing to the Bakken and Marcellus shale plays. As promising as this stock may sound, caution should be used due to the size of the company. This is not where you want to be if natural gas prices stay depressed for a long period of time.
News 
Market Data 
Discover 
