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LUCAS ENERGY INC NEW (LEI) [hlAlert]

Rating:
Buy LEI
down 97.69 %

LUCAS ENERGY INC NEW (LEI) rated Buy with price target $5.50 by C.K. Cooper

Posted on: Thursday,  Aug 4, 2011  8:25 AM ET by C.K. Cooper

C.K. Cooper rated Buy LUCAS ENERGY INC NEW (AMEX: LEI) on 08/04/2011, when the stock price was $64.75.
Since then, LUCAS ENERGY INC NEW has lost 97.70% as of 08/27/2015's recent price of $1.49.
If you would have followed this C.K. Cooper's recommendation on LEI, you would have lost 97.69% of your investment in 1484 days.

Lucas Energy, Inc. (Lucas) is a oil and gas company. The Company had approximately 15,000 gross acres of oil and gas leases in South Texas primarily in the Gonzales County, Texas area. The Company is focused on building, revitalizing and developing a portfolio of oil and gas properties. As of March 31, 2009, the Company operated 26 producing wells that produce approximately 125?135 barrels of oil per day (BOPD), gross. It also controls another 16 shut-in or plugged wellbores. During the fiscal year ended March 31, 2009 (fiscal 2009), the Company?s oil production was 52,585 gross barrels of oil produced, and 41,209 net barrels of oil to its fractional royalty interest in the production. The Company owns 100% working interests in all but one of its operated wells. It also holds non operating interests in three wells in Gonzales, Texas.

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
8/4/2011 8:25 AM Buy
None
64.75 137.50
as of 12/30/2011
1 Week down  -1.70 %
1 Month up  8.96 %
3 Months up  77.69 %
1 YTD down  -10.81 %

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