Interesting review of US O&G E&P. Hold a quite a few of them (unfortunately but they do pay a dividends).
In the comments section
"The correction appears to be disproportionately deep, relative to the move by other stocks, in the European Majors and smaller independents categories. That's where I would look for "unfairly penalized" situations. However, this article was not meant to provide specific recommendation with regard to each stock, but rather to give a convenient scorecard to track stock moves in the chaos and pain of the correction. "
"Small-cap stocks with heavy exposure to early-stage plays may be impacted in the correction more than average. Asset valuations in emerging resource plays may be highly levered to commodity prices."
And the often asked question "Where is the bottom" ....(who could possibly know).
Down up also 300 and POO still dropping
AKK Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
