This is a nice article that compares the four Pure Plays on the Bakken Shale. BEXP their Top Pick and mine as well. The other three are on our Watch List.
http://seekingalpha.com/article/283677- ... urce=yahoo
Brigham Exploration is hosting our EPG luncheon in Houston on August 23. We are expecting a huge crowd and seating is limited, so register ASAP if you want to hear their "Bakken Shale Update".
BEXP
Re: BEXP
AUSTIN, TX--(Marketwire -07/26/11)- Brigham Exploration Company (NASDAQ: BEXP - News) will hold its conference call to discuss operational and financial results for the second quarter 2011 on Tuesday, August 9, 2011 at 11:00 AM ET (10:00 AM CT).
Brigham plans to issue an earnings press release after the close of market trading on Monday, August 8, 2011.
Interested parties may dial in using the instructions below, or visit Brigham's website for the live and archived webcast at http://www.bexp3d.com. Details for the conference call are as follows:
Date & Time: Tuesday, August 9, 2011
11:00 AM ET (10:00 AM CT)
Host: Bud Brigham - Chairman, CEO and
President
Dial-In Number: 877.398.9480 within U.S./Canada
708.290.1157 outside U.S./Canada
Conference ID: 86489005
Brigham plans to issue an earnings press release after the close of market trading on Monday, August 8, 2011.
Interested parties may dial in using the instructions below, or visit Brigham's website for the live and archived webcast at http://www.bexp3d.com. Details for the conference call are as follows:
Date & Time: Tuesday, August 9, 2011
11:00 AM ET (10:00 AM CT)
Host: Bud Brigham - Chairman, CEO and
President
Dial-In Number: 877.398.9480 within U.S./Canada
708.290.1157 outside U.S./Canada
Conference ID: 86489005
Re: BEXP
Brigham Exploration will be hosting our luncheon in Houston on Tuesday, August 23. This is one you do not want to miss.
EPG Members and guest are welcome. Seating is limited and we are expecting a record crowd, so register today.
> Members should log in, then click on the Calendar tab.
> Just click on the events you want to register for.
> Non-members can save $10/luncheon by registering on-line.
EPG members that cannot attend are urged to sign up for the webcast of each luncheon.
EPG Members and guest are welcome. Seating is limited and we are expecting a record crowd, so register today.
> Members should log in, then click on the Calendar tab.
> Just click on the events you want to register for.
> Non-members can save $10/luncheon by registering on-line.
EPG members that cannot attend are urged to sign up for the webcast of each luncheon.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
BEXP beats
UPDATE 1-Brigham Exploration Q2 results beat estimates
* Q2 EPS $0.33/shr vs est.$0.31
* Sees Q3 production volumes at 15,000-16,200 boe/d (Follows alerts)
Aug 8 (Reuters) - Oil-focused explorer and producer Brigham Exploration Co posted better-than-expected quarterly results and raised its production outlook, helped by its activities in the Williston Basin of North Dakota and Montana.
The Austin, Texas-based company expects third-quarter production volumes to average between 15,000 barrels of crude oil equivalent per day (boe/d) and 16,200 Boe/d.
Brigham's operations extend to the Bakken and Three Forks areas in North Dakota.
Daily production volumes rose 57 percent in the Quarter, from a year ago, to average at 12,206 boe/d.
Production volumes at Williston basin -- Brigham's largest U.S. onshore field investment-- were 10,401 Boe/d for the second-quarter, a 88 percent rise from a year ago.
Second-quarter net income was $70.8 million or 60 cents per share, compared with $18.5 million or 16 cents a share, a year ago.
Excluding special items, Brigham earned 33 cents a share.
Revenue more than doubled to $91.3 million.
Analysts on average had expected earnings of 31 cents a share, on revenue of $91.3 million, according to Thomson Reuters I/B/E/S.
* Q2 EPS $0.33/shr vs est.$0.31
* Sees Q3 production volumes at 15,000-16,200 boe/d (Follows alerts)
Aug 8 (Reuters) - Oil-focused explorer and producer Brigham Exploration Co posted better-than-expected quarterly results and raised its production outlook, helped by its activities in the Williston Basin of North Dakota and Montana.
The Austin, Texas-based company expects third-quarter production volumes to average between 15,000 barrels of crude oil equivalent per day (boe/d) and 16,200 Boe/d.
Brigham's operations extend to the Bakken and Three Forks areas in North Dakota.
Daily production volumes rose 57 percent in the Quarter, from a year ago, to average at 12,206 boe/d.
Production volumes at Williston basin -- Brigham's largest U.S. onshore field investment-- were 10,401 Boe/d for the second-quarter, a 88 percent rise from a year ago.
Second-quarter net income was $70.8 million or 60 cents per share, compared with $18.5 million or 16 cents a share, a year ago.
Excluding special items, Brigham earned 33 cents a share.
Revenue more than doubled to $91.3 million.
Analysts on average had expected earnings of 31 cents a share, on revenue of $91.3 million, according to Thomson Reuters I/B/E/S.
Re: BEXP
Analyst Actions: Brigham Exploration Upgraded to Outperform from Market Perform at FBR Capital; Shares Inch Up in Pre-Market 08/10 06:49 AM
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07:49 AM EDT, 08/10/2011 (MidnightTrader) -- FBR Capital reportedly upgraded Brigham Exploration (BEXP:$25.31,00$2.60,0011.45%) to Outperform from Market Perform.
The firm maintains a $40 price target for shares.
Shares are up 0.08% to $25.33 in pre-market trading.
Price: 25.33, Change: +0.02, Percent Change: +0.08
http://www.midnighttrader.com
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07:49 AM EDT, 08/10/2011 (MidnightTrader) -- FBR Capital reportedly upgraded Brigham Exploration (BEXP:$25.31,00$2.60,0011.45%) to Outperform from Market Perform.
The firm maintains a $40 price target for shares.
Shares are up 0.08% to $25.33 in pre-market trading.
Price: 25.33, Change: +0.02, Percent Change: +0.08
http://www.midnighttrader.com
Re: BEXP
Analyst Actions: Brigham Exploration Upgraded to Buy from Accumulate at Global Hunter; Shares Up in Pre-Market 08/10 08:18 AM
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09:18 AM EDT, 08/10/2011 (MidnightTrader) -- Global Hunter reportedly upgraded Brigham Exploration (BEXP:$25.31,00$2.60,0011.45%) to Buy from Accumulate following the company's Q2 results.
The firm maintains a $41 price target for shares.
BEXP has also been upgraded earlier this morning at FBR Capital.
Shares are up 0.36% to $25.40 in pre-market trading.
Price: 25.40, Change: +0.09, Percent Change: +0.36
http://www.midnighttrader.com
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09:18 AM EDT, 08/10/2011 (MidnightTrader) -- Global Hunter reportedly upgraded Brigham Exploration (BEXP:$25.31,00$2.60,0011.45%) to Buy from Accumulate following the company's Q2 results.
The firm maintains a $41 price target for shares.
BEXP has also been upgraded earlier this morning at FBR Capital.
Shares are up 0.36% to $25.40 in pre-market trading.
Price: 25.40, Change: +0.09, Percent Change: +0.36
http://www.midnighttrader.com