MHR Magnum Hunter Resources Corp. AMEX

[greencat]

MHR Breaking out of a little consolidation area. Should be more to this move.

MHR Chart


Magnum Hunter Resources Corp.
777 Post Oak Boulevard
Suite 910
Houston, TX 77056
United States - Map
Phone: 832-369-6986
Fax: 832-369-6992
Website: Magnum Hunter Resources | Oil and Gas Exploration and Production

Details
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Full Time Employees: 18


Business Summary
Magnum Hunter Resources Corporation, an independent oil and gas company, engages in the acquisition, development, and production of oil and natural gas primarily in West Virginia, North Dakota, Texas, and Louisiana. The company operates approximately 2,048 wells; and owns approximately 87,000 net acres, including approximately 46,000 net acres overlying the Marcellus Shale, as well as the shallow sandstones. As of December 31, 2009, it had estimated proved reserves of 6.2 million barrels of crude oil equivalent. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation is based in Houston, Texas.

[greencat]

.MHR has a high level trendline break. I expect it to make a big move. BULLISH chart

MHR Chart


Magnum Hunter Resources Corp.
777 Post Oak Boulevard
Suite 910
Houston, TX 77056
United States - Map
Phone: 832-369-6986
Fax: 832-369-6992
Website: Magnum Hunter Resources | Oil and Gas Exploration and Production

Details
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Full Time Employees: 18


Business Summary
Magnum Hunter Resources Corporation, an independent oil and gas company, engages in the acquisition, development, and production of oil and natural gas primarily in West Virginia, North Dakota, Texas, and Louisiana. The company operates approximately 2,048 wells; and owns approximately 87,000 net acres, including approximately 46,000 net acres overlying the Marcellus Shale, as well as the shallow sandstones. As of December 31, 2009, it had estimated proved reserves of 6.2 million barrels of crude oil equivalent. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation is based in Houston, Texas.

[greencat]

Boom!

Originally Posted by greencat

.MHR has a high level trendline break. I expect it to make a big move. BULLISH chart

MHR Chart


Magnum Hunter Resources Corp.
777 Post Oak Boulevard
Suite 910
Houston, TX 77056
United States - Map
Phone: 832-369-6986
Fax: 832-369-6992
Website: Magnum Hunter Resources | Oil and Gas Exploration and Production

Details
Index Membership: N/A
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Full Time Employees: 18


Business Summary
Magnum Hunter Resources Corporation, an independent oil and gas company, engages in the acquisition, development, and production of oil and natural gas primarily in West Virginia, North Dakota, Texas, and Louisiana. The company operates approximately 2,048 wells; and owns approximately 87,000 net acres, including approximately 46,000 net acres overlying the Marcellus Shale, as well as the shallow sandstones. As of December 31, 2009, it had estimated proved reserves of 6.2 million barrels of crude oil equivalent. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation is based in Houston, Texas.

[greencat]

MHR has a small consolidation area that is is likely to break and continue the move up.


MHR Chart

[greencat]

MHR moving up

Originally Posted by greencat

MHR has a small consolidation area that is is likely to break and continue the move up.


MHR Chart

[greencat]

MHR on the launching pad!!!

Originally Posted by greencat

MHR has a small consolidation area that is is likely to break and continue the move up.


MHR Chart

[greencat]

Originally Posted by greencat

MHR on the launching pad!!!

Nice move today...

[greencat]

MHR about to give another buy signal. MHR making a super move..

MHR Chart

[greencat]

ST ROBINSON HUMPHREY INITIATES COVERAGE OF MAGNUM HUNTER (MHR) WITH BUY(MHR) : Analyst Neal Dingmann tells salesforce MHR is not only one of the most diversified small cap energy cos, but its three key regions (Eagle Ford, Marcellus, Bakken) are some of the most exciting plays in the US. Anticipates most growth this year from MHR's Eagle Ford play. Notes co. not only has some of the best upstream assets, but also the needed midstream components, along with more than adequate financing (largely through their preferred shares), to ensure timely production. Sees $0.08 '10 loss, $0.03 '11 EPS, $0.33 '12 EPS. Sets $10 target. B.Brodie

[mhorse55]

won't be long before this company doubles in market cap. with two smaller companies bought in the last several months ( ngas and nuloch ) this will make MHR about a 1b market cap company. the ceo has stated that oil production will increase from the current 3k per dad to 10k by the end of 2011 so that signals a lota upside i pps. with the pullback to around 7.00 and with the added production for 2011 no problem in expecting a double in 1-1/2 years. check the company out its the top sector stock for 2009-10 looks good for more upside in 2011