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Magnum Hunter Resources Corp. Message Board

  • harold33272 harold33272 Feb 21, 2012 4:59 PM Flag

    I'm thinking about getting into MHR. Just had some questions ...

    Hope all is well.

    I saw the interview with the CEO on Mad Money the other week and I've been doing some research on MHR over the last week. Looks like a ton of big plays in the hopper for this company and I love its assets/abundance of acerage and long-term upside.

    My question for the longs here is, if I'm looking to get triple return down the line, is it too late to get in here? I am a very patient investor and will hold for 2-3 years if I have to. That's not the issue at all. My question is, is it realistic that this could be an $18-23 stock within the next year or two? Could it get in that range, prior to a takeover?

    Was just curious what everyone's expectations were a year or two out.

    I'm already long KOG, SSN, DEJ and TECO.PK, but I've been thinking about MHR and ROYL and I'll probably make a move with one of the two within a week. Leaning toward MHR only because of its superior oil production.

    Thanks in advance.

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    • petri24@verizon.net petri24 Feb 25, 2012 10:47 AM Flag

      keep thinking or ask cramer

    • I am on board because I think the future for increased production of oil is excellent. With all the turmoil in the middle east American oil will be a godsend. JMHO

    • This is a fairly high-risk situation. MHR has a lot of debt and not a lot of earnings. It's future is very dependent on the price of oil and natural gas. If they were to decline substantially this company would not survive. It simply could not ride out the kind of downturns that periodically occur in the energy business.

      Not_A_Short

      • 3 Replies to not_a_short
      • not-a-short what a crock you are you need to be on a negative train to where you belong ( hell ) always negative never positive you would mess up your birthyday by saying the cake was to sweet......get a life but-hole

      • This is a fairly high-risk situation. MHR has a lot of debt and not a lot of earnings. It's future is very dependent on the price of oil and natural gas. If they were to decline substantially this company would not survive. It simply could not ride out the kind of downturns that periodically occur in the energy business.

        On what figures is your statement based ?
        20,5 % of debt on there total cap is not high . There are a lot of other companies in the sector that would love to have that amount of debt. Their policy is to stay below 30% .
        Off course they are depended of oil and gas prices , we are talking about an oilcompany !
        56 % of their oilproduction and 50 % of their gasproduction in 2012 are hedged to secure a stable income. For 2013 those percentages may/shall decline due to higher production.

        Good investment to all .

      • If your not a short why not mention the potential reward along with the risks?

    • I bought MHR not so long ago principally because of there exposure to the Eagle Ford and the Bakken ( i like the Canadian part of it ) and it seems to me that they are still quiet cheap , even after there nice run up. I am planning to hold them for a considerable time. They have a history of beating there production forecast . For the moment gas is not there greatest asset , but the CEO keeps investing in further developing his wet gas assets and he knows what he is doing. To say that it will be a 20 $ stock next year , would be unwise , but looking at there record lately and if oil prices stay where they are right now , i might be possible. Next to my investment in MHR i am considering to buy some JAN calls ( 7.5 $) and i also own ATPG - SD and DEJ .

      Good luck

 
MHR
3.34-0.02(-0.60%)Dec 24 2:48 PMEST

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