TXN
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0.00% 58.0¢ texon petroleum ltd

strachan "stock analysis" report on txn, page-8

  1. seboya
    438 Posts.
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    08/04/10
    16:43
    Post #: 6548629
    Latest:

    Texon (TXN) remains a buy for the emerging value of its Eagle Ford and Olmos oil and gas interests in Texas. The stock has little downside risk and should continue to perform strongly for several months. It offers both a trading position as production rises short term and farm-out deals are negotiated and also a long term (12-24 month) buying proposition.
    [...]
    Conservatively, StockAnalysis calculates a risked value of $1.75 per share for Texons McMullen County interests and upgrades total risk adjusted target value to $2 per share.
    TXN Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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