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Enter Symbol:
Triangle Petroleum Corporation (TPLM) [hlAlert]

up 11.20 %

Triangle Petroleum Corporation (TPLM) downgraded to Sell by Global Hunter Securities

Posted on: Tuesday,  Dec 2, 2014  11:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Sell Triangle Petroleum Corporation (AMEX: TPLM) on 12/02/2014, when the stock price was $3.97.
Since then, Triangle Petroleum Corporation has lost 10.08% as of 08/27/2015's recent price of $3.57.
If you would have followed this Global Hunter Securities's recommendation on TPLM, you would have gained 11.2% of your investment in 268 days.

Triangle Petroleum Corporation (Triangle) is an exploration company focused on shale gas opportunities in the Maritimes Basin of Nova Scotia, Canada. The Company has a 57% working interest in 516,000 gross acres (294,000 net acres) on the Windsor Block in Nova Scotia. During the fiscal year ended January 31, 2009 (fiscal 2009), the Company acquired three-dimensional (3D) seismic, drilled and completed two vertical test wells, and drilled three vertical exploration wells, of which, the Company completed one. In addition, the Company has non-core interests in the Fayetteville Shale trend in Arkansas (20,344 gross acres, 10,172 net acres), the Barnett Shale trend in Texas (three producing wells), and conventional oil and gas properties in Alberta (two producing wells), Colorado (18,987 gross acres and 4,747 net acres) and Wyoming (17,307 gross acres and 4,327 net acres). In June 2008, the Company sold its Montana prospect, consisting of 9,692 net acres of land.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2014 11:25 AM Sell
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD up  17.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2014 12:00 AM Hold
9.81 10.00
5/30/2013 9:25 AM Buy
5.59 8.50
3/22/2011 8:25 AM Buy
8.41 10.50

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