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Crimson Exploration Inc. (CXPO) [hlAlert]

Rating:
Overweight
CXPO
down 0.64 %

Crimson Exploration Inc. (CXPO) rated Overweight with price target $4 by Barclays

Posted on: Monday,  Feb 18, 2013  8:25 AM ET by Barclays

Barclays rated Overweight Crimson Exploration Inc. (NASDAQ: CXPO) on 02/18/2013. Previously Barclays rated Overweight Crimson Exploration Inc. (NASDAQ: CXPO) on 02/15/2013.,
when the stock price was $3.12. Since then, Crimson Exploration Inc. has lost 0.64% as of 10/01/2014's recent price of $3.10.
If you would have followed the previous Barclays's recommendation on CXPO, you would have lost 0.64% of your investment in 593 days.

Crimson Exploration Inc. is an independent energy company engaged in the acquisition, exploitation, exploration and development of oil and natural gas properties, primarily in the United States Gulf Coast and South Texas regions. As of December 31, 2009, the Company?s properties were located in regions, including East Texas, Southeast Texas, South Texas, Southwest Louisiana and Colorado and other. As of December 31, 2009, its estimated proved reserves were 97.5 billions of cubic feet equivalent (Bcfe), net of 7.6 Bcfe of reserves sold during the year ended December 31, 2009, consisted of 69.9 billion cubic feet (Bcf) of natural gas and 4.6 million barrels (MMBbl) of crude oil, condensate and natural gas liquids. As of December 31, 2009, 72% of its proved reserves were natural gas, 70% were proved developed and 86% were attributed to wells and properties operated by the Company.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2013 8:25 AM Buy
None
4.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/15/2013 1:25 PM Buy
None
3.12 4.00

(*) Stock Price at the time of the recommendation.
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