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
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