GREY:AAPH - Post Discussion
Post by
fredski on May 26, 2011 9:42am
AAPH Given a "Buy" Rating and a $1.45 Price Target
SOURCE: IO NewsWire
May 24, 2011 07:00 ET
American Petro-Hunter (OTCBB: AAPH) Given a "Buy" Rating and a $1.45 Price Target
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.
NEW YORK, NY--(Marketwire - May 24, 2011)- As oil prices continue to hover around the $100 mark, oilexploration and production (E&P) companies have a lower risk profileregardless of their size.
American Petro-Hunter, Inc. (OTCBB: AAPH)is a prime example of an E&P company benefiting from oil and gasprices' current levels. They have recently been given a "Buy" rating and12 month price outlook of $1.45 by EquityNet Research.
Other notable oil and gas companies who are receiving the optimism of analysts are Harvest Natural Resources (NYSE: HNR) rated "Accumulate" by SMH Capital, EOG Resources, Inc (NYSE: EOG) rated a "Buy" by Wunderlich Securities, and SM Energy Company (NYSE: SM) upgraded to "Buy" from Stifel Nicolaus.
AmericanPetro-Hunter, who recently broke ground and commenced drilling on theirOklahoma property, is aggressively working towards being anintermediate level oil and gas producer inside of 12 months. The companyis also currently in production at the Poston Project in Trego County,Kansas.
Information, opinions and analysis contained herein arebased on sources believed to be reliable, but no representation,expressed or implied, is made as to its accuracy, completeness orcorrectness. The opinions contained herein reflect our current judgmentand are subject to change without notice. We accept no liability for anylosses arising from an investor's reliance on or use of this report.This report is for information purposes only, and is neither asolicitation to buy nor an offer to sell securities. A third party hashired and paid IO News Wire twelve hundred and ninety five dollars forthe publication and circulation of this news release. Certaininformation included herein is forward-looking within the meaning of thePrivate Securities Litigation Reform Act of 1995, including, but notlimited to, statements concerning manufacturing, marketing, growth, andexpansion. Such forward-looking information involves important risks anduncertainties that could affect actual results and cause them to differmaterially from expectations expressed herein. We have no ownership ofequity, no representation; do no trading of any kind and send no faxesor emails.
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