| Moderated By: PuddleGlum -- (Not Moderated) -- Started: 7/31/1997 11:33:00 AM Revision History |
SFY is one of the best o&g exploration outfits in the business. Last year the stock ranked 22nd or so out of ALL stocks on the NYSE in terms of price appreciation. This company has been and will continue to grow reserves at around 40% per year, and production should exceed that, which implies earnings growth of 30% or better (possibly MUCH better) for the next 3-5 years. I've held this one for over 2 years now, and I find that management is very high quality in that they are quick to adopt new technology, and they are TRUSTWORTHY. This company doesn't pull any punches, they just perform.
Currently, all production is in the US, but they recently started working on operations in Russia, Venezuela, and New Zealand.