C. K. Cooper & Company Issues Semi-Annual Industry Report on
Micro-Cap Oil & Gas Companies, and Makes Other Adjustments to Research Coverage
IRVINE, Calif., May 10 /PRNewswire/ -- C. K. Cooper & Company today released
its Semi-Annual Industry report on smaller exploration and production
companies. In this report, C. K. Cooper discusses current industry trends, the
outlook for oil and natural gas prices, and key indicators for growth through
2004.
Philip J. McPherson, Associate Director commented, "Execution Equals Multiple
Expansion is the theme of this report. We believe the energy industry will
continue to reward investors as the current commodity price environment
continues to favor producers. However, in this next stage, those Companies
providing superior execution will be rewarded with higher multiples as their
business models become more predictable." Within this report, C. K. Cooper & Company has updated eight issues that it
follows in separate two page reports. These reports are as follows: ISSUES Short-Term Rating Long-Term Rating
ATP Oil & Gas (NASDAQ:ATPG) Buy Buy
Berry Petroleum (NYSE:BRY) Buy Buy
Canadian Superior Energy
(AMEX:SNG) S/C S/C
Goodrich Petroleum (NYSE:GDP) Hold Buy
Meridian Resources Corp. (NYSE:TMR) Buy Buy
Petroleum Development Corp. (NASDAQ:PETD) Buy Buy
The Exploration Company
(NASDAQ:TXCO) Hold Buy
Wiser Oil Company (NYSE:WZR) Buy Buy
*S/C = Suspend Coverage
C. K. Cooper & Company's clients may view this report by visiting:
http://www.ckcooper.com/.
For more information, please contact: C. K. Cooper & Company Telephone: (949) 477-9300
18300 Von Karman Avenue, Suite 440 Facsimile: (949) 477-9211
Irvine, California 92612 E-Mail:
C. K. Cooper & Company is an investment-banking boutique that specialize in the
energy sector with an emphasis on exploration and production companies.
Additional information on the securities mentioned in this report is available
upon request. This report is based on data obtained from source we believe to
be reliable, but is not guaranteed as to accuracy and does not purport to be
complete. Because of individual client objectives, this report should not be
construed as advice designed to meet the particular investment needs of any
investor. Any opinions expressed herein are subject to change.
This report is not to be construed as an offer or the solicitation of an offer
to buy or sell the securities herein mentioned. From time to time, this firm,
its affiliated entities and/or their respective directors, officers, employees
or members of their immediate families may have long or short positions in the
securities mentioned in this report. These securities may be sold to or
purchased from customers or otherwise by this firm, its affiliated entities,
and/or its directors, officers, employees or members of their immediate
families, as principle or agent.
C. K. Cooper & Company is a member of the National Association of Securities
Dealer, CRD number 106578. DATASOURCE: C. K. Cooper & Company CONTACT: C. K. Cooper & Company, +1-949-477-9300, or fax, +1-949-477-9211, Web site: http://www.ckcooper.com/
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