Hay Butkus tell me that this stock doesn't have fun written all over it? Where's your buddy?
GOTH 3 1/4
WASHINGTON, Oct 1 (Reuter) - An investor group led by investor Carl Icahn on Wednesday said it held 1.6 million shares of Gothic Energy Corp, a 9.9 percent stake.
GOTH is an independent energy co. primarily engaged in the acquisition, exploitation, enhancement, development & operation of oil and gas producing properties. For the six months ended 6/97, revenues totalled $10.9M, up from $4.9M. Net loss before extra. item & applic. to Common decreased 62% to $945K. Revenues reflect recent acquisitions & higher oil and gas prices. Lower losses reflect absence of a $5M provision for impairment of oil & gas properties. Engaged in the acquisition, exploitation, enhancement, development and operation of oil and gas producing properties. Owns approx. 587 wells operating in OK, TX, AR, and KS. |
