This is one of the better small companies out there.
No doubt they will raise the estimates going forward.
Sentiment: Strong Buy
Apparently the folks running KOG aren't doing such a good job. Drilling more wells, pumping more oil and then the earnings go DOWN?? From a one year high near $10, they've managed to lose 25%. Hell from just two months ago, we are down significantly. There was such promise here, but they can't pull it off. I think I'll go elsewhere - like EOG.
OK, but can that overcome the downward bias to the chart since October 2012? I've learned not to fight the chart. The technicals look weak too. Did you notice the 50 dma crossed below the 200 dma? Lots of people watch that specifically. Also 'Stock Scouter' lowered it's rating to a 4 (underperform with higher risk) and lots of people watch Stock Scouter. I'm holding for now, but one more drop on an up day and it's Adios.
So bad weather and some delayed projects have caused short term heartburn for AEGN. Big deal. But these delayed projects will still happen a little later which will look good in later quarters.
Best laugh I've had in quite a while.
1. It's chart is terrible?? You are looking at it upside down.
2. Cancer is like the common cold. Huh??
3. There's no need for cancer drugs. Double HUH?????