This should draw a lot more attention to Mitcham Industries (MIND). MIND is a small-cap that is off the radar screen for a lot of analysts and small-cap fund managers. Anyone that takes a hard look at it will see the potential. - Dan
HUNTSVILLE, Texas , Dec. 19, 2011 /PRNewswire/ -- Mitcham Industries, Inc. (Nasdaq: MIND - News) announced today that the Company will be presenting at the Pritchard Capital Partners – Energize 2012 Conference to be held in San Francisco on January 4 -5, 2012 .
Bill Mitcham , President and Chief Executive Officer, is scheduled to present on Wednesday, January 4, 2012 at 10:30 a.m. Pacific Time ( 1:30 p.m. Eastern Time ). A link to the live webcast and replay will be available in the Investor Relations section of the Mitcham website at www.mitchamindustries.com.
Mitcham Industries, Inc., a geophysical equipment supplier, offers for lease or sale, new and "experienced" seismic equipment to the oil and gas industry, seismic contractors, environmental agencies, government agencies and universities. Headquartered in Texas , with sales and services offices in Calgary, Canada ; Brisbane, Australia ; Singapore ; Ufa, Bashkortostan, Russia ; Budapest, Hungary ; Lima, Peru ; Bogota, Colombia and the United Kingdom , Mitcham conducts operations on a global scale and is the largest independent exploration equipment lessor in the industry. Through its Seamap business, the Company designs, manufactures and sells specialized seismic marine equipment.
MIND
Re: MIND
My Fair Value estimate is $28/share and I believe there is lots of upside beyond that, espectially if they crush the First Call EPS estimate for the 4th quarter. Expanding exploration budgets and increasing global demand for seismic bode well for Mitcham Industries.
Global demand for seismic is driven by oil prices.
Global demand for seismic is driven by oil prices.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group