Fx Energy, Inc. (FXEN) rated Buy with price target $9.25 by Brean Murray
Brean Murray rated Buy Fx Energy, Inc. (NASDAQ: FXEN) on 10/03/2011, when the stock price was $4.13. Since
then, Fx Energy, Inc. has lost 66.34% as of 01/29/2015's recent price of $1.39. If you would have followed this Brean Murray's recommendation on FXEN, you would have lost 66.34% of your investment in 1214 days.
FX Energy, Inc. is an independent gas and oil exploration and production company with principal production, reserves, and exploration activities in Poland and United States. During the year ended December 31, 2008, the Company held gas and oil exploration rights in Poland in nine separately designated project areas encompassing approximately 5.4 million gross acres. The Company owns 100% working interest in approximately 4.3 million gross acres. The Company?s oil interests in the United States consist of shallow, oil producing wells in the CutBank Oil Field of Montana. During 2008, the United States reserves were estimated at 45,000 barrels of crude oil.
Our equity research department is focused on fundamental analysis across the universe of over 200 small/mid cap stocks in our five target sectors. We are committed to providing proprietary action-oriented research to our institutional clients.
Small cap growth focus. Our primary area of concentration is growth stocks with market capitalization of $200 million to $5 billion.
Global perspective. We are covering U.S. listed stocks for companies domiciled in the U.S., China, Europe and Latin America, with our biggest concentration in the US and China. We were one of the first banks to aggressively expand our research to China and we believe we created one of the premier research franchises in small cap, U.S. listed Chinese companies to complement our strong domestic coverage.
Disciplined stock selection. Our research analysts are focused on performing extensive bottoms up due diligence on companies under our coverage by leveraging their industry and management contacts. By combining our bottoms up work with our sector views we seek to generate a consistent flow of high conviction ideas for our clients.
Diversified coverage. Our areas of expertise include technology, consumer, healthcare, resources and China small cap. We provide our clients with company-specific as well as sector-specific research across our target sectors.