Thursday, October 4, 2007

PETROHAWK update!

PETROHAWK ENERGY CORP COM (HK: NYSE)
Petrohawk Energy
17.03
+0.15

Credit Suisse initiates Neutral. Target $18. Credit Suisse initiates HK with a Neutral and an $18 tgt they see multiple years ahead of strong production and reserve growth (~10-15% per annum) from a set of lower cost gas development projects. However, they believe HK is already discounting much of this growth with the shares up 17% in the last month.
NEUTRAL is ok, ....it gives them an opportunity to upgrade once we break the 52-week high of $16.50 from 6/26/07 .... it's about time, don't ya'll think!

4 comments:

Anonymous said...

can you provide links with your upgrades from now on? thanks.

- a fan

Anonymous said...

HK

16.37

getting closer...this is the highest we've been in a while.

...and yes we will add links, sorry this one came from inside etrade and the link wont work...but we'll try to send links more...thanks!

Anonymous said...

HK

17.38 +0.50 (+2.96%)

can today be the day?

Anonymous said...

new 52 week high!

HK
17.56 +0.68 (4.03%)

.....BOTD!