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Enter Symbol:
Mariner Energy, Inc. (ME) [hlAlert]

Buy ME
down 57.55 %

Mariner Energy, Inc. (ME) rated Buy by Stanford Research

Posted on: Wednesday,  Mar 12, 2008  8:25 AM ET by Stanford Research

Stanford Research rated Buy Mariner Energy, Inc. (NYSE: ME) on 03/12/2008, when the stock price was $27.35. Since
then, Mariner Energy, Inc. has lost 57.55% as of 11/10/2010's recent price of $11.61.
If you would have followed this Stanford Research's recommendation on ME, you would have lost 57.55% of your investment in 973 days.

Mariner Energy, Inc. (Mariner) is an independent oil and gas exploration, development, and production company. The Company operates in three principal geographic areas: Permian Basin, where it is an active driller in the prolific Spraberry field at depths between 6,000 and 10,000 feet; Gulf of Mexico Deepwater, where it has conducted exploration and development projects in water depths ranging from 1,300 feet up to 7,000 feet, and Gulf of Mexico Shelf, where it drills or participates in conventional shelf wells and deep shelf wells extending to 1,300 foot water depths. On December 19, 2008, Mariner acquired additional working interests in its property, Atwater Valley Block 426 (Bass Lite). On February 29, 2008 and December 1, 2008, Mariner acquired additional working interests in certain of its properties in the Spraberry field in the Permian Basin.

Stanford Research encompasses both institutional equity research and Washington-focused policy research, offering a perspective on individual companies, sector-specific topics and national policy. The importance Stanford Group Company places on research comes from years of experience in a constantly changing world. We know that as markets develop and new sectors grow, it is imperative that our clients have the most accurate information available to ensure financial success. Stanford Group Company clients will always have our commitment to conduct informative and enlightening research. As a part of our commitment to our clients, we provide objective, well-developed research. Our skilled analysts use their talent to provide invaluable research that can help in making important decisions. Thanks to a wide range of resources obtained through technology, experience and reputation, our research analysts develop reports on the most current firms and sectors. Our equity analysts offer insight and opinions on companies in the consumer/retail, media, energy, financial institutions, health care, technology and water/environment sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/12/2008 8:25 AM Buy
as of 12/24/2008
1 Week down  -0.54 %
1 Month up  30.00 %
3 Months up  8.86 %
1 YTD down  -59.59 %

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