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Magnum Hunter Resources Corp. Message Board

  • henkgina henkgina Feb 22, 2012 11:06 PM Flag

    Earnings Report

    Called investor relations today. Asked the question concerning ER. Answer was : within the coming 10 days we will see press release concerning ER + CC. Most likely both are a couple of days later after pressrelease.....so may be with approx. 2 weeks from now.

    I have read the great post about "Notes from Today's Presentation" by lexpress56........Excellent post lexpress56. Gives me more confidence in my investment in MHR.

    IMHO this is a great small oil play together with KOG.
    I heard the CEO Gary Evans @ Jim Cramer's Mad Money show(BTW I don't like Cramer @ all!!!).......
    But GE is a very experienced CEO in establishing small oil companies....develop/grow them and then sell them.
    I am almost sure that MHR is prey for "Big Oil". And MHR's way of conservative development of this company bodes well for their/our near/long term future of the shareprice development.

    Within a decade 25% of the USA oil demand will be covered with the supply of domestic oil. The recent takeover of Brigham Exploration by STO tells enough about the potential of these small oil players when they are well positioned.

    And lastly I like to add a sentence from GE : UNDERPROMISE.....AND OVERDELIVER. So most likely no negative earning surprises.
    And I think GE has integrity....to warn early enough to prevent negative surprises @ earning calls!!!!!!
    GLTA with MHR.

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MHR
2.26-0.14(-5.83%)Apr 24 4:02 PMEDT