Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, oil and natural gas provider Delta Petroleum (Nasdaq: DPTR) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Delta's business and see what CAPS investors are saying about the stock right now.
Delta facts
Headquarters (founded) | Denver, Colo. (1984) |
Market Cap | $417.2 million |
Industry | Independent oil and gas |
TTM Revenue | $234.1 million |
Management | COO John Wallace (since 2003) |
Compound Annual Revenue Growth (over last three years) | 18% |
Competitors | Chesapeake Energy (NYSE: CHK) |
CAPS members bullish on DPTR also bullish on | General Electric (NYSE: GE) |
CAPS members bearish on DPTR also bearish on | Universal Display (Nasdaq: PANL) |
Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.
Over on CAPS, fully 250 of the 264 members who have rated Delta -- some 95% -- believe the stock will outperform the S&P 500 going forward. These bulls include All-Star 97E3LPL, who is ranked in the top 10% of our community, and dariussale.
In May, 97E3LPL predicted that troubled waters would soon flow out of Delta:
Oil play. Things do seem dire for these guys, but they are clearly putting forth extraordinary effort to meet the challenges. Although I fear a drop to pennies is possible, [my humble opinion] is that oil will rebound soon and these guys will float upward along with everyone else in oil.
In a pitch from late last month, dariussale highlighted billionaire Kirk Kerkorian's big stake as another one of several catalysts:
1. Natural Gas Prices will rebound by end of the year
2. Lots of insider buying including 53 million shares bought by owner of MGM back in May of 2009
3. They are exploring a well called the Grey Well and if something positive comes out of it, it could help the stock price
4. The CEO just left the company, so new blood might reenergize the company and staff
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