Last night, SandRidge Energy and Arena Resources (SRD)
announced an acquisition
, under which Arena will receive cash and SandRidge stock that valued the offer at $40 as of last Thursday: The deal will expand SandRidge's reach into West Texas' Central Basin Platform, with opportunities to exploit "shallow, low-risk (oil) reservoirs."
OKLAHOMA CITY
and
TULSA, Okla.
,
April 4
/PRNewswire-FirstCall/ -- SandRidge Energy, Inc....
Arena Resources Inc. (ARD) has posted big gains over the last 8 months on strong earnings and elevated energy prices.
Company Description
Arena Resources, Inc. engages in the exploration and production of oil and natural gas properties in the united States. The company was founded in 2000 and has a market cap of $1.58 billion.
With crude trading [...]
Arena Resources Inc (ARD) continues to top expectations and the Zacks Consensus Estimate is on the rise.
Company Description
Arena Resources acquires, explores, develops, and produces oil and natural gas in the south-central states of the U.S. The company's current reserve is estimated to be nearly 66 million barrels of oil equivalents.
Hit By Energy Prices
Arena released second-quarter [...]
by The Investment U Research Team
After it’s recent run-up, oil has pulled back to just over $70. It’s moved the stock prices of a number of producers and distributors as the markets have churned recently. But even though it’s price has leveled off and supplies are relatively up and steady, oil [...]
A number of readers have asked about the "commercial mortgage maturity wall", the maturity profile of commercial real estate loans securitized with CMBS - alternatively called "CMBS Balloon Risk". Note that this excludes commercial loans that haven't been securitized. Here is the latest chart:
"With ext" are those loans that can be extended one or several times. "ARD" stands for "anticipated repayment date" loan. Unlike a typical balloon commercial mortgage, not repaying the balance...
6/20/07
ARD - another update (Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders)
The reason I sold ½ of ARD earlier today was because the chart was starting to say that it was too extended (means it had advanced too quickly and was due for profit taking). So we sold half earlier and then set a stop loss (in this case the stop loss was not to limit [...]
Going to sell ½ of my position on ARD here this morning.. Locking in the 16%+ profits here. Going to set a stop loss for the remaining ½ position at $56.50.. This will lock in a profit on the remainder ½ position while giving it the chance to continue to grow more. This is how [...]
Here are the current standings as of the market close today:These are positions taken based on the chart setups identified ahead of time. The charts are listed in the public charts link on the right side of this web page (near the top).Current open positions:AKS 6.94% GainALGN [...]