Oil and Gas Stocks Trading News; (OTCBB: AAPH), (NYSE:DVN) (NYSE:NFX)
Energy Stocks Trading November 19th, 2010
American Petro-Hunter, Inc. (OTC.BB: AAPH) trading $0.33
Devon Energy Corporation (NYSE: DVN) trading at $72.38, up 0.45 (0.61%)
Newfield Exploration Company Co (NYSE: NFX) trading at $66.93, up 0.72 (1.09%)
Market Summary at time of release
Dow 11,169.42 -11.81 -0.11%
Nasdaq 2,516.76 +2.36 +0.09%
S&P 500 1,196.52 -0.17 -0.01%
10 Yr Bond (%) 2.8810% -0.0210
Oil 81.35 -0.54 -0.66%
Gold 1,344.50 -8.40 -0.62%
Recent Oil and Gas Stocks News on Investorideas.com:
Trading Alert for Oil and Gas Investors; American Petro-Hunter (OTCBB: AAPH) Research Highlights
“American Petro-Hunter provides an exciting short term and long term investment opportunity.” - Grass Roots Research and Distribution, Inc
Research AAPH.OB Today! http://www.aaphreport.com/
Point Roberts, WA - November 17, 2010 - The Investorideas.com Energy Newswire makes recent Oil and Gas stock research reports and CFA commentary on American Petro-Hunter Inc (OTCBB: AAPH ) available to oil and gas investors.
Lisa Springer, CFA, equity research analyst and financial writer features AAPH in both Oil and Gas sector commentaries; “The Role of Independent Producers in America’s Energy Future” and “Untapped Opportunity in Shale Oil”. Reports include Big Players in the Oil and Gas Sector Including Devon Energy (NYSE:DVN), Chesapeake (NYSE:CHK), Sandridge (NYSE:SD), ExxonMobil (NYSE:XOM), Newfield Exploration (NYSE:NFX) and American Petro-Hunter (OTCBB: AAPH)
The Cohen report by Grass Roots Research and Distribution notes, “Based on an average of these methods, AAPH common stock is valued at $1.02 per share, 191.3% higher than current market price of $0.34.”
Full report at http://www.grassrootsrd.com/ and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf
Full New at: http://www.investorideas.com/CO/AAPH/news/11172.asp
Devon Energy Corporation (NYSE: DVN) Last News Release:
“Devon Energy Corporation reported net earnings of $2.1 billion for the quarter ended September 30, 2010, or $4.81 per common share ($4.79 per diluted common share). This compares with third-quarter 2009 net earnings of $499 million, or $1.13 per common share ($1.12 per diluted common share).
For the nine months ended September 30, 2010, Devon reported net earnings of $4.0 billion, or $9.02 per common share ($8.99 per diluted common share). This compared with a net loss for the nine months ended September 30, 2009, of $3.1 billion, or $7.09 per common share ($7.09 per diluted common share).”
Newfield Exploration Company Co (NYSE: NFX) Recent News:
Newfield Exploration to Expand Acreage Position in Marcellus Shale
“Newfield Exploration Company today announced the signing of a purchase and sale agreement with EOG Resources, Inc., for approximately 50,000 net acres in the Marcellus Shale. Substantially all the acreage is located in Bradford County , Pennsylvania , in the Susquehanna River Basin
Newfield plans to finance the transaction under the Company's revolving credit facility (an undrawn $1.25 billion facility). Longer term, borrowings under the credit facility would be reduced with proceeds from the sale of certain non-strategic assets.”
About Newfield Exploration Company Co (NYSE: NFX)
Newfield Exploration Company is an independent crude oil and natural gas exploration and production company. The Company relies on a proven growth strategy of growing reserves through an active drilling program and select acquisitions. Newfield's domestic areas of operation include the Mid-Continent, the Rocky Mountains, onshore Texas , Appalachia and the Gulf of Mexico . The Company has international operations in Malaysia and China
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More info: American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the hunt for domestic petroleum assets. http://www.americanpetrohunter.com/
Company Research
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Contact American Petro-Hunter:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
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