5-Star Stocks Poised to Pop: McMoRan Exploration
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, independent petroleum producer McMoRan Exploration (NYS: MMR) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at McMoRan's business and see what CAPS investors are saying about the stock right now.
McMoRan facts
Headquarters (founded) | New Orleans (1994) |
Market Cap | $2.2 billion |
Industry | Oil and gas exploration and production |
Trailing-12-Month Revenue | $555.4 million |
Management | Co-Chairman/CEO James Moffett |
Return on Equity (average, past 3 years) | (27.8%) |
Cash/Debt | $568.8 million / $553.6 million |
Competitors | Chevron |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 525 members who have rated McMoRan believe the stock will outperform the S&P 500 going forward.
Just last month, one of those Fools, JeffTex42, succinctly summed up the bull case for our community:
[McMoRan's] efforts in the shallow water ultra deep [Gulf of Mexico] has not gone unnoticed... particularly by Chevron. They are close to testing/producing the first of many wells that are pushing very significant technological boundaries. They are one of the very few making any significant effort towards reducing our dependence on foreign oil.
If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite its five-star rating, McMoRan may not be your top choice.
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Want to see how well (or not so well) the stocks in this series are performing? Follow the newTrackPoisedToCAPS account.
At the time thisarticle was published Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Motley Fool newsletter services have recommended buying shares of Chevron. Try any of our Foolish newsletter services free for 30 days.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.
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