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Wednesday, September 5, 2012

Bakken-Centric Companies in Play?

Reuters via Investopedia:
Reuters reports that some analysts are highlighting what they see as cheap valuations of some operators in the Bakken. Some of the companies that might be taken out by a larger operator due to this discounted valuation include Kodiak Oil & Gas, Whiting PetroleumOasis Petroleum, and Northern Oil and Gas, all of which are cheap on price-to-earnings or acreage value.
I've said the same thing for two years: cheap based on acreage value.

Disclaimer: this is not an investment site. Make no investment decisions based on what you read here. This is a blog, a daily journal to help me understand the Bakken. I share it with others who often correct my mistakes and myths and provide relevant links.

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