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Magnum Hunter Resources Corp. Message Board

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  • rrb1981 rrb1981 Sep 1, 2010 3:03 PM Flag

    dead money

    I typically don't dabble in the E&P's. I usually stick with the pipeline stocks (MLPs).

    MHR is a sort of speculative trade for me. I just figured it would be doing better than it is given it is 70% oil/liquids and over 90% hedged.

    Based just on the raw value of the Marcellus and Eagle Ford acreage alone this ought to be worth more than $4.00/share. Factor in the pipeline, the existing production and reserves from the conventional properties etc....

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