SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : MHRC on the OTC market
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw4/10/2014 7:59:04 AM
   of 188
 
The hottest turnaround play in the natural gas and oil industry is Magnum Hunter (MHR). The company weathered its balance sheet, execution and accounting issues and has put its house in order. Management reported a 92% increase in production last year and it is forecasting a 146% increase for 2014. The stock has risen 28% since Cramer spoke to CEO Gary Evans in November. Cramer thinks Magnum Hunter is "the fastest growing small to medium independent oil company." Evans discussed the company's high quality acreage and improvement in infrastructure. Magnum Hunter is a first mover in many regions, said Evans, and the company is increasing the pipeline. The company is selling non-core assets to get "honed in on the primary acreage" to prepare for "phenomenal growth." "Magnum Hunter pulled it off," said Cramer, "and it is not done."
seekingalpha.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News