StockIceMan's Weekly Stock Pick
Week of
May 7, 2007
Benefiting the
Cystic Fibrosis Foundation
http://www.axcelis.com/
| Stock: |
Aurora Oil and Gas, Inc. |
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| Ticker Symbol: |
AOG - AMEX - Independent Oil and
Gas |
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| Buy: |
2.00 and 2.50 |
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| Sell: |
5.00 |
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Info: |
Aurora Oil & Gas
Corporation, an independent energy company,
engages in the exploration, exploitation, and
development of unconventional natural gas
reserves. It focuses on project areas in the
Antrim shale of Michigan and New Albany shale of
Southern Indiana and Western Kentucky. As of
December 31, 2006, the company had proved
developed reserves of approximately 54 thousand
barrels of oil and 82,580 million cubic feet of
natural gas. It owned working interests in 495
Antrim wells and 34 New Albany shale wells.
Aurora Oil & Gas is based in Traverse City,
Michigan |
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| Financial Info: |
For the fiscal year ended
12/31/2006, revenue totaled $23.1 million, up
from $7.4 million. Net loss totaled $1.9
million, up from $516,000. |
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| Key Ratios: |
Current
Ratio: 0.798, Total Debt/Equity: 0.387, Trailing
P/E: N/A, Forward P/E: 19.38x, Price/Book:
1.87, Price/Sales: 11.40 |
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| Share Info: |
There are 101.58
million shares outstanding with 51.08
million shares in the trading
float. Institutions own
approximately 45.70% of the shares outstanding.
There have been 2 insider purchases totaling
40,000 shares and 2 insider sales totaling 8.02
million shares in the last six months.
Real-Time SEC
Filings
As of 4/10/2007, there were 6.46 million shares short.
Net Institutional Buying: 21.53 million shares prior to latest
quarter. |
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| Articles: |
Coverage initiated on
Aurora Oil & Gas by Jefferies & Co |
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