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Monday, December 12, 2011

Motley Fool on Some Oil and Gas Stocks -- The Bakken, North Dakota, USA

Motley Fool link here. (As is typical of this blog, some numbers are rounded.)

The Fool like Double Eagle and notes in passing that Double Eagle is "self-funded," something that is not true of KOG. In the Bakken, the Fool may be comparing apples and oranges. And in anyone's pantry, both apples and oranges are nice to have.

But one does have to chuckle a bit: Double Eagle has a market cap of $80 million according to the Fool; whereas KOG just raised $1 billion in cash for operations.

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