DALLAS--(BUSINESS WIRE)--Endeavor Energy Corp. (OTCBB: ENEC - News) has been rated "Outperform" with a target price of $4.10 by Beacon Equity Research Analyst, Dr. Victor Sula.
The full report is available at http://www.BeaconEquityResearch.com.
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In the report, the analyst writes, "Endeavor Energy Corporation is an independent energy company engaged in the exploration, development and production of oil and natural gas. Endeavor is focused on increasing production from its existing holdings and acquiring additional drilling proprieties. To date, the Company has acquired oil and gas properties in Canada and Australia totaling approximately 440,000 net acres. Endeavor is utilizing the latest technologies in geological interpretation, drilling, geophysics, and production engineering such as 3-dimensional seismic, magnetic survey data and others to explore for oil and gas."
Other companies in the oil exploration sector include Forest Oil Corp. (NYSE:FST - News), Baker Hughes Incorporated (NYSE: BHI - News), Hyperdynamics Corp (AMEX: HDY - News) and Platina Energy Group (OTCBB: PLTG - News).
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Endeavor Energy Corp. (ENEC). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research has been compensated a total of one hundred and ten thousand free trading from a non-controlling third party (European American) for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
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