While some oil producers may be fat cats, this one is a vulture. It feeds on "dead" wells, producing valuable oil that conventional drillers have left behind, sequestering carbon dioxide in the process. But the best part for investors is the price, coming in below net asset value with the potential for huge future profits thrown in for free.
One such fat cat has been in the news a lot recently for all of the wrong reasons:
Investors were startled after SandRidge plummeted when natural gas prices reached 10-year lows, but with the company halfway through its ambitious three-year plan to profitability, the future looks bright. If you are unsure about the future of this emerging oil and gas junior, and are looking to find out more about its strengths and weaknesses, you should view this bran-new premium report detailing SandRidge's game plan and what to expect from the company going forward. To get started--click here!
The article A Dirt-Cheap Oil Stock Even an Environmentalist Could Love originally appeared on Fool.com.
David Meier has no position in any stocks mentioned. The Motley Fool owns shares of Denbury Resources. 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 Motley Fool has a disclosure policy.
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