The past qtr has brought a substantial rise in the price of crude.....with spring and summer months on the way, more gasoline consumption, we will likely see crude increase a bit more, plateau and hold. At these prices they are all going to make bank!
Well, generally, those seasonal trends work in our behalf--but these exploration companies can be real heartbreakers--MHR., KOG, SSN.OAS--all of them suffer from either transportation issues, well issues, insider selling issues. There is so much more. I like these stocks--but--have stopped hoping for anything better than a little bounce once in awhile. They are really long bets--so--don't hold your breath, and keep a pocketful of change for investing in some good income stocks.
OAS is off to the races and when KOG reports it will do the same. All that needs to happen is the shorts realize their nads are getting squeezed and have to come up for air. Also it's more about the future not the past on transportation issues. It's just a matter about when the pipe lines are in place and not if.