Escalera Resources Company (MM) (DBLE)

Thanks for the video link.

Nice share structure and low float at the moment. Some of the smart institutional money has already found this one, may be a good sign.I need to understand midstream economics better to know what I think is a good plan.
The board of directors looks real strong, had a surprise yet very familiar name, Bush. We've got Bush..
Neil's involvement and existence is news to me. Success breeds success. Heads of state, direct relatives, generals, ambassadors, etc, I tend to interpret as advantageous on bods of any sector, for they have pull..
I remember seeing Jonathan Bush on fast money tv program years ago pumping his new medical software,CRM -Athena Health. While I thought he seemed like quirky yet cool individual I had no idea he had it in him to build a multi-billion dollar company.

I like this alot.. Check it out. New symbol ESCR.. Big Plans, Big Guns..

This is a ten bagger in the making.. Check out the website new symbol ESCR Check out the board members and business plan.. Let me know what you think!

Backfilling. Any buyers out there?

Is this a double screaming eagle?lol

It doesn't take much to make this baby move. I like the low floaters as a rule. It's just a shame not many follow this company. It just goes about it's business in a steady boring workman like manner..

Nice action this morning.

Hidden gem just waiting..

Stick with me kid and you'll do ok.. I'm the best dog you'll ever hunt behind..

I pick up his slim pickens

Windough-Shopper - You just said a mouthful there! You know him too! lol! I think he can smell it from 1,000 miles away. I just follow his trail that he leaves behind. Lmao!

well

of course YOU are

You own all teh oil in the US and we are your puppets

HAHA!

oh yeah??? I'm following it! LOL!!

Good property's, good management, good plan..

I do wish more attention would be focused on it.

Always liked this company, just goes along quietly..

Yeah sort of a diamond in the rough if you will.

thx

that NO ONE on WALL ST follows (yet) is great!

Factors to Consider for $DBLE

Barchart Technical Indicators

>80% Barchart short term technical buy signal
>Trend spotter buy signal
>Above its 20, 50 and 100 day moving averages
>16 new highs and up 53.03% in the last month
>Relative Strength Index 74.24% and rising
>Trades around 9.40 with a 50 day moving average of 7.67

Fundamental Factors

>Only one analyst recommends that clients hold onto this stock but he expects an annual earnings increase of 25.00% annually over the next five years.

General Investor Sentiment

>Even though this stock is not followed by Wall Street it is followed by 280 readers on Motley Fool and 95% of them believe the stock will beat the market.
>The more experienced All Stars vote 93% for the same result.

I agree with all you say

My

MO

However is different


When you have more DD, I would like to red it

THX

Your points are well taken. You want to look for a critical point in the companies history that will be a driver for short term gains and mid-long term trends upward.

In this case I am still doing more DD and will post it here for consideration. Such events would be the success of new drilling or M & A activities both of which I see on the horizon.

The main point that is intriguing here is the bottom play factor, its 52 highs make this price point very attractive.

I have one criteria when I buy a stock

What is the GOTCHA event that can happen

That can/will propel it dramatically higher

Sort of like a Jack In The Box

Open the lid

And it zooms

Granted the numbers here are as you portrayed

BUT WHERE IS THE GROWTH?

What is the springboard for THE ZOOM?

Double Eagle Petroleum (DBLE) shares trade around $4. The stock trades in a 52-week range of $3.74 and $9.76. The company has a price earnings ratio of 7.80, earnings per share of $0.71 and does not pay a dividend.

The company has total cash of $8.68 million and total debt of $42.05 million. The book value per share is $5.01. Short percentage of float is 2.8% is widely held by retail investors; approximately 57% of the float is held by retail.

I do like the potential at these prices. Any thoughts?

Large pull back over the last year has made this one an interesting value buy in this range.
Double Eagle Petroleum Co., an energy company, engages in the exploration, development, production and sale of natural gas and crude oil primarily in the Rocky Mountain Basins of the western United States. The company’s principal properties include the Atlantic rim coal bed natural gas project located in south central Wyoming; the Pinedale Anticline property in the Green River basin of Wyoming; the Wind River basin in central Wyoming; and the Moxa Arch and other areas located in southwest Wyoming. It also holds interest in various properties located in North Dakota, Oklahoma, Texas and Utah. In addition, Double Eagle Petroleum Co. engages in the transportation of gas through its intrastate gas pipeline. As of December 31, 2009, the company had estimated proved reserves of 89.8 billion cubic feet of natural gas and 419,000 barrels of oil. It also owned interests in a total of 1,172 producing wells and had an interest in 359,830 gross acres natural gas prone basins of the Rocky Mountains. The company was founded in 1972 and is headquartered in Casper, Wyoming.

This company is a play on the Niobrara (remember different area), as Samson is. Double Eagle has 70,000 net acres and is planning to drill one test well this year.

A very important note, Double Eagle's asset is in the Atlantic Rim that is approximately 200 miles from where Samson/Chesapeake/Halliburton (HAL) are. Also, Double Eagle is the 12th largest coal bed methane producer in Wyoming, so this company is not to be valuated like a company with substantial liquid reserves.

At the end of the third quarter of 2010, gas was 97% of the business. This company also has a pipeline-based income. On February 22nd of this year, Brookfield Asset Management upgraded the company from hold to buy based on third quarter earnings.

It seems that Double Eagle is maintaining a profit. This company could have significant upside if its Niobrara holdings are oily, but this is a play on speculation.

Such a great small cap stock.


Double Eagle Petroleum (Nasdaq: DBLE )
Double Eagle is a small exploration and production company whose main assets are in the Atlantic Rim and the Pinedale Anticline in Wyoming. For a company with such a small market cap, Double Eagle already produces very strong cash flows. It generated $25 million in operating cash flow in 2010 alone, compared to its market cap of just $94 million as of yesterday's close. That's less than four times cash flow!

What's more, this company has amassed more than 70,000 net acres in the Niobrara shale. While this company's cash flows and reserves consist mainly of natural gas, Double Eagle may add a meaningful amount of oil to its production and reserve mix as it starts to explore its Niobrara acreage.

These profits are the BOMB

Chart analysis on my DBLE trade http://stk.ly/pMVsY0

This stock has been holding strong for some time now. I called over there about a week ago and spoke with the CEO. They hoping to expand in the Niobrara by next year.

Low price-to-sale ratios w/ this one...



Double Eagle Petroleum (DBLE) – As with any oil company, there is a necessity to replace its reserves while producing. The cost of exploration and acquisition is high, which is some of the reasons for narrow industry margins. As of the time that this article was written, the price to sales ratio was only 2.0. The industry is recorded at 5.44(numbers vary slightly according to source).

One year sales growth is 22%, and this is similar to the 5 year average. Of course, quarter over quarter sales growth between years is down roughly 30%, which is disconcerting. With only one analyst covering the stock, it is hard to get a good read on the future earnings prospects. As well, there is a lot of fluctuation in this company as sometimes they use derivative instruments to hedge, and other times they don’t.

Based on a simple price to sales ratio and increases in sales between fiscal years, this could be a good small cap oil play.

Continued upside has been predicted, thoughts?


Double Eagle Petroleum Co. (DBLE) is an oil and natural gas exploration and production company. Its interests are centered in the Rocky Mountain region. Double also transports gas through its interstate pipeline. Historically Double Eagle has been a coal bed methane producer. Although this is a low cost producer, most of the excitement is about its Niobrara acreage. Double Eagle currently has 71,248 net acres in this area. I would guess not all of this acreage is in liquids, but it will only take one major find to create a large upside to the stock price. Double Eagle has produced an implied value to its company based on reserves, the Niobrara acreage and it pipeline. This implied net asset value per share is:

Low Implied Net Asset Value- $213.5 million or $18.75/share
High Implied Net Asset Value- $481 million or $56.34/share
The largest difference between the net asset values is the Niobrara acreage. Take note, this is Double Eagle's own valuation estimate and should be treated as such.

P/E Ratio- 56.5
Price to Sales- 1.38
Price to Tangible Book- 1.04

For sure, Just on my watch list for now. I posted some positions at the IRE for ya in biopharm

Perhaps this might shed some light...

Crude oil climbs above $111 a barrel
http://www.marketwatch.com/story/crude-oil-climbs-above-111-a-barrel-2011-04-08?dist=beforebell

SYDNEY (MarketWatch) -- Oil futures climbed over $111 a barrel in Nymex electronic trading, recently trading up 76 cents at $111.06 a barrel in Asian hours midday Friday. It closed at a 30-month high in regular trading in New York on Thursday. "We think markets are somewhat confused as to what is going on with Saudi production and whether, in fact, it is being ramped up to the full extent possible in order to offset the Libyan production shortfall," said energy analysts at MF Global. "Until more data comes in, we suspect the markets will be relatively well-bid for at least several more weeks to come," they said.

-------------------------

blckcat...if you've migrated over to this thread from AIB, I wouldn't short ANY oil or LNG stock while the market is still confused.

...IMO.

What's going on? Nice 3 week consolidation with a lift from 50ma on nice volume, but can't find the catalyst. Can anybody here shed some light?

well, looks like a sell-off last few days, bounce play coming?

DBLE Shares Outstanding: 11.14M Float: 10.72M, low-floater!

http://www.timothysykes.com/2011/03/check-out-these-8-low-float-hot-oil-stocks/

DBLE 10.50 + 1.08, might have more room to run. The main reason is they hold 70,000 net acres in the Niobrara play. Samson,SSN recently sold 24,000 of their Niobrara acres to CHK for a little over $3,000 per acre or $74 mil.

A few days ago Cnooc agreed to buy a 1/3 interest in CHK's 800,000 Niobrara acres for 570 mil cash upfront and funding 2/3 of drilling and completion costs for another 697 mil thru 2014. That values a net 267,000 acres to Cnooc at $2135 per acre upfront and over $4700/acre overall.

It remains to be seen whether or not DBLE's acreage is comparable to SSN's and CHK's, but with a current EV of ~190 mil at 10.50 per share and the Niobrara alone possibly being worth 210 mil at 3,000 per acre or more, one can see why this hot streak DBLE has been on may have more room to run.

Given their other producing properties and 90+ BCFE reserves + 28 mil positive cash flow or about 2.50 per share, I think that DBLE could easily reach it's old highs of 20+ in the next few months. (Or get bought out at 15+ before that).

All imho and good luck,

Vic

sell,sell, sell

thank you DBLE, for the profits...........

thank you DBLE, for the profits...........

weee!!!! party this weekend, yeepe, time to sell some here!!!

time to start cashing in some profits here!!!!!!

time to start cashing in some profits here!!!!!!

no stopping this stock

DBLE to the moon!!!!!!!!!!!!!

DBLE to the moon!!!!!!!!!!!!!

Feeling confident here with DBLE. If we get another pull back I will add more. Should make for a great 2011 play.

Great authors on that site very insightful. I found a bottom on this near $4 and see much stronger potential in 2011. I am playing oil stocks much more aggressively but added on dips to NG plays.