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Mariner Energy, Inc. (ME) [hlAlert]

Buy ME
down 43.91 %

Mariner Energy, Inc. (ME) rated Buy

Posted on: Monday,  Aug 6, 2007  9:25 AM ET by Calyon Securities

Calyon Securities rated Buy Mariner Energy, Inc. (NYSE: ME) on 08/06/2007, when the stock price was $20.70. Since
then, Mariner Energy, Inc. has lost 43.91% as of 11/10/2010's recent price of $11.61.
If you would have followed this Calyon Securities's recommendation on ME, you would have lost 43.91% of your investment in 1192 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.

U.S. Equity Research is distributed to institutional accounts within the U.S. and Europe. With the combined efforts and cross-selling of our global institutional sales team and global research efforts we are able to reach leading financial institutions across the globe.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2007 9:25 AM Buy
20.70 28.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  126.09 %

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