John Leonard, CFA
Special situations, micro-cap, contrarian, CFA

Buy FieldPoint Petroleum Before Somebody Else Does

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

Key takeaways

  • FieldPoint Petroleum (NYSEMKT:FPP) is an overlooked and attractive beneficiary of the fracking boom in the fast growing Permian Basin.
  • The lack of analyst coverage results in little investor awareness of two key catalysts: The expected significant production growth and the possible sale of the company with the recent hiring of a bank to pursue strategic alternatives after the founder passed away last year.

Company overview

FPP is an E&P company with varying ownership interests in ~360 wells located in Oklahoma, Louisiana, New Mexico,...

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