StockIceMan's Weekly Stock Pick
Week of
June 23, 2008
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Stock: |
American Oil and Gas, Inc. |
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Ticker Symbol: |
AEZ - AMEX - Independent Oil
and Gas |
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Buy: |
4.25
to 4.50 |
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Sell: |
7.00 |
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Info: |
American Oil & Gas, Inc. engages in the
acquisition, exploration, development, and
production of crude oil and natural gas reserves
in the western United States. It owns a 92.5%
working interest in the Fetter project covering
approximately 53,000 leased net acres located in
Powder River Basin, Wyoming; a 39.1% working
interest in the Krejci Oil project covering
approximately 126,000 lease net acres in
Niobrara County, Wyoming; and a 50% working
interest in the Goliath project covering
approximately 60,000 lease net acres in
Williston Basin, North Dakota. The company was
founded in 2000 and is based in Denver, Colorado. |
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Financial Info: |
For
the three months ended 3/31/2008, revenue
increased 28% to $508,000. Net loss applic. to
Common increased 53% to $1.3 million |
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Key Ratios: |
Current
Ratio: 2.204, Total
Debt/Equity Ratio: 0.102, Trailing P/E: N/A,
Forward P/E: 74.83x, Price/Sales: 103.00,
Price/Book: 2.55 |
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Share Info: |
There are 46.49
million shares outstanding with 37.72
million shares in the trading
float. Institutions own
approximately 25.20% of the shares
outstanding. There have been no insider
purchases and 5 insider sales totaling 35,000
shares in the last six months.
Real-Time SEC Filings
As of 5/27/2008, there were 1.17 million shares short.
Net Institutional Selling:
2,540,130 shares last quarter. |
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Articles: |
American Oil & Gas Updates Fetter Field Activity |
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