Sat, Sep 20, 2014, 11:05 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

iShares FTSE NAREIT Mort Plus Cp Idx Message Board

  • Grobnette Grobnette Jan 23, 2004 2:33 PM Flag

    Outlook for REM from Friedman, Billings

    <<Despite its relatively limited drilling success this year, we believe that the 2003 operations review. company's deep inventory of high-potential projects provides significant reserve growth options, its
    continually improving balance sheet limits downside risk, and its management team has demonstrated its
    ability to effectively redeploy cash flow. Remington recently announced three offshore Gulf of Mexico exploratory discoveries, which 2004 outlook. gives us increased comfort with our 2004 production growth estimate of 7%. Based on historical success
    rates, the current three-year inventory of exploratory projects exposes the company to over 600 Bcfe of
    risked-reserve potential (triple the existing proved reserve base). Limited drilling success in 2003 resulted
    in relatively weak share price appreciation (12% versus approximately 41% for the small-cap peer group
    excluding REM). We believe that the increased comfort with next year's production growth estimate and
    the near-term, high-impact exploration potential is not reflected in the current stock price and should be a
    catalyst in closing the performance gap.>>

 
REM
12.42+0.04(+0.32%)Sep 19 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.