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Gastar Exploration (GST) [hlAlert]

down 41.66 %

Gastar Exploration (GST) rated Buy with price target $2.50 by Topeka Capital Markets

Posted on: Thursday,  Dec 17, 2015  8:25 AM ET by Topeka Capital Markets

Topeka Capital Markets rated Buy Gastar Exploration (AMEX: GST) on 12/17/2015. Previously Topeka Capital Markets rated Buy Gastar Exploration (AMEX: GST) on
01/05/2015., when the stock price was $2.28. Since then, Gastar Exploration has lost 41.67% as of 08/27/2015's recent price of $1.33.
If you would have followed the previous Topeka Capital Markets's recommendation on GST, you would have lost 41.66% of your investment in 234 days.

Gastar Exploration Ltd. is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States and Australia. Its principal business activities include the identification, acquisition, and exploration and development of natural gas and oil properties. Its emphasis is on prospective deep structures identified through seismic and other analytical techniques, as well as unconventional natural gas reserves, such as coal bed methane (CBM). As of December 31, 2008, the Company was pursuing additional unconventional natural gas exploration in the deep Bossier play in the Hilltop area in East Texas. Its primary CBM properties are in the Powder River Basin in Wyoming, United States, and in the Gunnedah Basin of New South Wales, Australia. In July 2009, the Company announced the sale its Petroleum Exploration Licenses 238, 433 and 434 in New South Wales, Australia, and the sale of its Gastar Power Pty Ltd, to affiliates of Santos Ltd.

Topeka Capital Markets
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2015 8:25 AM Buy
as of 8/27/2015
1 Week up  8.13 %
1 Month down  -59.20 %
3 Months down  -61.56 %
1 YTD down  -41.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2015 10:25 AM Buy
2.28 6.00

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