Friday, July 15, 2011

In Light of BHP Buying Petrohawk, One Analyst Says KOG and BEXP Could Be Next -- Bakken, North Dakota, USA

Link here.

The "headline" is the whole story.

At a 65% premium, BHP got Petrohawk for $12 billion.

At a 30% premium, BEXP < $5 billion.

At a 30% premium, KOG ~ $1.5 billion.

Pocket change for a big company.
Posted by at

2 comments:

  1. AnonymousJuly 15, 2011 at 4:26 PM

    The premium on Petrohawk was 60%. The price moved up $14.5 to $38.20.

    Oasis is the stock that was built to sell. Going price for OAS is probably $50.

    ReplyDelete
  2. Bruce OksolJuly 15, 2011 at 4:51 PM

    You are correct; I am wrong. Thank you for calling me out on that. I will update the post.

    ReplyDelete

Subscribe to: Post Comments (Atom)