Delta Petroleum Corp. is Today's Focus Stock on MicroStockProfit.com
March 01 2011 - 6:50AM
MicroStockProfit.com announces an investment report featuring Delta
Petroleum Corp. (Nasdaq:DPTR). The report includes financial,
comparative and investment analyses, and industry information you
need to know to make an educated investment decision.
The full report is available at:
www.microstockprofit.com/lp/DPTR
Delta Petroleum Corp. (DPTR) is an independent oil and gas
company engaged primarily in the exploration for, and the
acquisition, development, production and sale of, natural gas and
crude oil. The Company's core area of operation is the Rocky
Mountain Region, where the majority of its proved reserves,
production and long-term growth prospects are located. The Company
has a significant development drilling inventory that consists of
proved and unproved locations. As of December 31, 2009, the
Company's proved reserves were comprised of approximately 126.7
billion cubic feet (Bcf) of natural gas and 4.5 million barrels
(Mmbbls) of crude oil, or 82.4% gas on an equivalent basis.
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In the report, the analyst notes:
"Continuing its winning streak for the fourth consecutive day,
DPTR added $0.18, or 18.8%, to close Monday at $1.17. The
stock traded on high volume of over 38.92 million shares Monday,
nearly 18 times the average three-month volume. DPTR has a
52-week range of $0.67 - $1.95 and is currently trading above its
50-day and 200-day moving averages.
"The Company reported third-quarter net income attributable to
common stockholders of $13.9 million, or $0.05 per diluted share,
compared with a net loss attributable to common stockholders of
$96.8 million, or $0.35 per diluted share, in the third quarter of
2009."
To read the entire report visit:
www.microstockprofit.com/lp/DPTR
See what investors are saying about DPTR at
http://www.stockhideout.com
Get breaking news on DPTR at http://thestockmarketwatch.com/
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MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and
nothing contained in any materials should be construed as a
recommendation to buy or sell any securities. MicroStockProfit.com
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in the mentioned company; nor have they received compensation of
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CONTACT: Brian Johnson
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