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Analysts at Pritchard Capital say insiders at energy companies such as Newfield (NFX),...

Analysts at Pritchard Capital say insiders at energy companies such as Newfield (NFX), W&T Offshore (WTI), Bill Barrett (BBG), Swift Energy (SFY) and Hess (HES) have been buying shares. While not a guarantee of a bottom, the firm finds the trend encouraging and "a sign that the stocks are presenting some very good values at current levels."
Comments (1)
  • Mike Walker
    , contributor
    Comments (281) | Send Message
     
    NFX has several catalysts in the works, specifically production results in their new Uintah over pressured horizontals, the Cana Woodford stealth play and the enigmatic 'Black Shale' horizon also in the Uintah Basin. Maybe the insider buyer is indicative of early results in these plays.
    25 May 2012, 01:56 PM Reply Like
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