Thursday, June 10, 2010

Nat Gas update: HK

Petrohawk Energy Corp. 
Thursday, June 3, 2 pm Eastern: 18.58
Thursday, June 10, close: 20.77
Gain: +11.79%
Candlestick analysis: "Buy If" (American Bulls)
Summary: Another killer natty gasser with solid margins and returns, a whopping $1.26 billion in revs, 67% growth, but $3 billion in debt. Their execs are living it up: five of them make at least $1 mil annually, and the CEO (Floyd Wilson) is among the highest paid nat gas execs in the sector at $2.96 mil. If they get raises before the debt is settled, red fucking flag. 

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