Harvest Natural Resources: Cash-rich Energy Stock (HNR)

Mar. 3.06 | About: Harvest Natural (HNR)

We don’t have a strong view on energy prices so we don’t spend much time researching companies in the industry. Every once in a while though, something interesting crosses our path and we’ll take a look. Such is the case with Harvest Natural Resources (NYSE:HNR).

Founded in 1989, HNR explores and develops oil and gas properties. The company has called itself “a niche player