StockIceMan's Weekly Stock Pick
Week of
March 26, 2007
| Stock: |
Compton Petroleum
Corporation |
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| Ticker Symbol: |
CMZ - NYSE - Oil and Gas Drilling
and Exploration |
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|
| Buy: |
9.50 to 9.75 |
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| Sell: |
13.00 |
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|
Info: |
Compton Petroleum
Corporation engages in the exploration,
development, and production of natural gas,
natural gas liquids, and crude oil in Canada. It
holds interest in the plains Belly River,
Edmonton Horseshoe Canyon coalbed methane,
Hooker Basal Quartz and thrusted, and foothills
Belly River at Callum in southern Alberta; and
the Gething/Rock Creek at Niton in central
Alberta; and the Peace River Arch area producing
from the Charlie Lake pool at Cecil/Worsley. As
of December 31, 2005, the company had a total
proved plus probable reserves of 207 million
barrels of crude oil equivalent. It sells crude
oil and natural gas liquids primarily to
refineries and marketers of crude oil and
natural gas liquids. The company was
incorporated in 1992 and is headquartered in
Calgary, Canada |
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| Financial Info: |
Revenues from fiscal year
ending 2005 were $ 557.8 million compared to $
391.6 million in 2004. Net income was 81.3
million in 2005 compared to 63.6 million in
2004. 2005
Annual Report |
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|
| Key Ratios: |
Current
Ratio: 0.921, Total Debt/Equity: 1.054, Trailing
P/E: 8.69x, Forward P/E: 20.87x, Price/Book:
1.95, Price/Sales: 3.21 |
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| Share Info: |
There are 128.17
million shares outstanding with 89.65
million shares in the trading
float. Institutions own
approximately 46.00% of the shares outstanding.
There have been no insider purchases or sales totaling in the last six months.
Real-Time SEC
Filings
As of 2/12/2007, there were 2.48 million shares short.
Net Institutional Buying: N/A shares prior to latest
quarter. |
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| Articles: |
Compton Petroleum
Corporation announces normal course issuer bid
Compton reports 20%
increase in reserves |
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