GeoResources, Inc. ($GEOI) Possible Buy to $42 Confident Investor Rating: Good

Company name GeoResources, Inc.
Stock ticker GEOI
Live stock price [stckqut]GEOI[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $57.6
Target stock price (averages with growth) $49.13
Target stock price (averages with no growth) $31.77
Target stock price (manual assumptions) $56.24

The following company description is from Google Finance: http://www.google.com/finance?q=geoi

GeoResources, Inc. is an independent oil and gas company engaged in the acquisition and development of oil and natural gas reserves through a diversified program, which includes purchases of reserves, re-engineering, development and exploration activities primarily focused in Texas, the Gulf Coast and the Williston Basin areas of the United States. The Company is the operator of properties containing approximately 75% of its proved oil and gas reserves. As of December 31, 2011, the Company was focused on three plays, being the Bakken and Three Forks formations in the Williston Basin, the Eagle Ford trend in Texas and the Austin Chalk trend in Texas. Production during the year ended December 31, 2011, totaled 1,924 MBOE or 5,270 barrel of oil equivalent (BOE) per day, of which 64% was oil. On February 29, 2012, it acquired producing wells and acreage in the Austin Chalk trend of east Texas in the Brookeland field area.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.