Michael Filloon
Oil & gas, energy, hedge fund manager, commodities

Bakken Update: Permian Pure Play Athlon Has Howard County Upside

Back in October of last year, I published an article on Seeking Alpha that spoke highly of Athlon (NYSE:ATHL). This has turned out to be a good call, as the stock is up 28% since. There are several very good ways to play the Wolfcamp and all have appreciated significantly over the past 12 months. The reason for much of this is geology, as the Permian has more economic intervals than any other play in the country. Operators like Diamondback (NASDAQ:FANG), RSP Permian (NYSE:RSPP) and Parsley Energy (NYSE:PE) are all focused in and around Midland County. Most believe this is the best area in the Midland Basin, but this doesn't necessarily mean...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details