Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
- Latest News
- Most Popular
- Hitting Home Runs & Grand Slams, Not Loud Outs
- RTI: Do Stocks Tank When QE Ends?
- 3 Top-Ranked Consumer ETFs to Buy Now
- This Week's Aggressive Growth Stocks
- Who Wants to Keep "Too Big to Fail" Alive?
- Debt-Ceiling Alarm Bell Tolls
- Avoid These 3 Eurozone ETFs This Summer
- RTI: When Will We Finally See a Pullback?
- Top Stocks with Big Potential Catch-Up Moves
- AWS 5/22: Will Bernanke Show His Hand?
- PFP 5/22: Singular Stock Focus Continues
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 9.31% |
| SONIC FOUNDR | SOFO | 7.77% |
| VELTI PLC OR | VELT | 7.58% |
| TRI TECH HOL | TRIT | 6.62% |
| A M R CP | AAMRQ | 4.52% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Looking for a way to play the shale boom? GeoResources, Inc. (GEOI) is a small explorer that is expected to grow earnings by the double digits in 2012. This Zacks #1 Rank (Strong Buy) also is a value stock with a P/B of 2.2.
GeoResources is an independent oil and natural gas explorer with assets in the Bakken formation in Montana and North Dakota and the Eagle Ford formation in Southeast Texas. It is a small cap, with a market cap of $811 million.
GeoResources Beat by 5% in Q4
On Mar 13, GeoResources reported its fourth quarter 2011 results and surprised on the Zacks consensus by 2 cents. It was the third consecutive earnings surprise.
Earnings rose 58% to 41 cents from 26 cents a year ago. The consensus called for just 39 cents.
Revenue jumped 52% to a record $41 million from $27 million.
For the quarter, oil production was up 34%. The company ended the year with a record net production level of over 6,100 boe/d.
The year was boosted by increased activity in the key areas of Bakken and Eagle Ford with the Austin Chalk being the third prong of growth.
Average oil price after hedge settlements was up 28% to $89.48 from $69.82 a year ago. Average gas price after hedges also remained very high at $5.22 compared to $5.00 a year ago.
2012 Zacks Consensus Estimate Rises
The analysts are bullish on 2012 as the shale region remains hot.
9 estimates for 2012 have moved higher in the last month, pushing the Zacks Consensus Estimate up to $2.13 from $2.05 per share.
That is earnings growth of 57% as the company made $1.36 in 2011.
Shares Soar But Still Have Value
GeoResources has bounced back from last fall's sell off. Shares hit a new 2 year high.
Yet, GeoResources still has value.
In addition to a P/B ratio under 3.0, which usually indicates value, the company trades with a forward P/E of 14.8.
That is not the cheapest P/E ratio among its peers, but it's under the 15x cut-off I use for value.
Investors interested in the shale areas need to look beyond the big cap energy companies. GeoResources fits that bill.
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Turnaround Trader and Insider Trader services. You can follow her on twitter at @TraceyRyniec.