Stockchase Opinions

Mike S. Newton, CIM FCSIEpsilon Energy LimitedEPS.TOBUYSep 13, 2011

Picked it up again. The sell off is mostly market related. Adding for aggressive portfolios.
$3.23

Stock price when the opinion was issued

$5.46

As of Jun 29, 2019. Market Open.

oilgas
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STRONG BUY
Fantastic company. Principally focused on gas currently. Just came out with phenomenal earnings. 4 o5 well are coming on stream this spring. Partnered with Chesapeake Energy (CHK-N). $13-$14 million in cash and no debt. Analysts have $6-$6.50 and the resistance will be at $6.25.
HOLD
Had a joint venture with Chesapeake Energy (CHK-N) and has been going down significantly since. (Caller’s comments.) From a technical standpoint there is a little bit of concern. Chart shows a good uptrend but stock recently broke down through. Wouldn't necessarily sell now but would watch over the next week.
BUY
Tremendous performer this year. For a while they had a scattered asset base. The value is in being a take out candidate.