Topic: How To Invest

What are your thoughts on Stream Oil and Gas? Thanks for your help!

Article Excerpt

Stream Oil & Gas, $0.90, symbol SKO on Toronto (Shares outstanding: 66.6 million; Market cap: $59.9 million; www.streamoilandgas.com), is currently focused on redeveloping and reactivating three oilfields and a natural gas/condensate field in Albania. In the three months ended May 31, 2012, Stream’s average daily output rose 26.5%, to 1,141 barrels of oil equivalent (including gas) from 902 barrels a year earlier. The production rise and higher oil prices pushed up the company’s cash flow to $0.09 a share from $0.02. Stream’s total debt of $16.7 million is a reasonable 27.9% of its $59.9-million market cap. The stock trades at just 2.5 times Stream’s annualized cash flow, based on the latest quarter. The company’s focus on Albania entails some political, economic and currency risk, but the stock is okay for highly aggressive investors to hold. hold. …