Wednesday, July 2, 2014

Bakken Junior Emerald Oil Is Worth A Strong Look - Emerald Oil, Inc. (NYSEMKT:EOX) | Seeking Alpha

Bakken Junior Emerald Oil Is Worth A Strong Look - Emerald Oil, Inc. (NYSEMKT:EOX) | Seeking Alpha



This is a great article on Emerald Oil (EOX), an oil company that is doing great in the Bakken area of North Dakota.  They are debt free and have 85,000 acres of territory.  The company also has plenty of cash on hand.  The average analyst believes EOX will have earnings per share increases of over 40% for the next five years.  EPS growth rates for 2014 and 2015 are over 100% for both years.  Now is the time to buy EOX while it is near its annual low because the company will probably rise significantly from here.  Year over year oil production growth is more than 100%.  I am buying shares of the company tomorrow.



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