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Crimson Exploration Inc. (CXPO) [hlAlert]

Rating:
Buy CXPO
down 78.76 %

Crimson Exploration (CXPO) rated Buy with price target $24 by C.K. Cooper

Posted on: Friday,  Jun 13, 2008  9:25 AM ET by C.K. Cooper

C.K. Cooper rated Buy Crimson Exploration Inc. (NASDAQ: CXPO) on 06/13/2008, when the stock price was $14.60. Since
then, Crimson Exploration Inc. has lost 78.77% as of 10/01/2014's recent price of $3.10.
If you would have followed this C.K. Cooper's recommendation on CXPO, you would have lost 78.76% of your investment in 2301 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.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/13/2008 9:25 AM Buy
None
14.60 24.00
as of 12/31/2008
1 Week   
1 Month   
3 Months   
1 YTD   

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