Laura Starks
Long only, energy, oil & gas, commodities

Athletic Momentum For Athlon?

Athletic Momentum for Athlon?

Two recent Seeking Alpha articles about Athlon (NYSE:ATHL) by Michael Filloon and Value Digger make a case for the company's upside-Filloon-but suggest it is not a value stock-Value Digger. Here, the thesis on Permian stocks and Athlon in particular, is that their attractiveness depends on investor belief about long-term oil price strength. For momentum investors, Athlon and other domestic oil producers may be worth reviewing due to lack of political stability in non-North American oil-producing countries, especially Iraq and Libya. Second, Athlon's success with vertical wells in the established Spraberry formation has helped the company de-risk newer, more expensive horizontal wells in the equally-attractive Wolfcamp formations.

The militant takeover of parts of Iraq, OPEC's...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"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
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details