Brigham Exploration Company (BEXP) Balances Development and Profit Objectives
Few stocks can match the relatively steady appreciation of this stock over the past 12 months. All profitability ratios over the past five years are better than achieved by the Oil & Gas Operations Industry, and the Energy Sector as a whole. Capital spending has grown by more than double that of its peers, during this period. Investors can use this stock as a text-book case of the dual benefits of immediate and long-term benefits. No wonder that major financial institutions own more than 75% of this company’s stock. The company uses three dimensional seismic and related technologies to discover…