DALLAS, March 1, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Delta Petroleum Corp. (Nasdaq:DPTR). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Delta Petroleum Corp. (DPTR) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production and sale of, natural gas and crude oil. The Company's core area of operation is the Rocky Mountain Region, where the majority of its proved reserves, production and long-term growth prospects are located. The Company has a significant development drilling inventory that consists of proved and unproved locations. As of December 31, 2009, the Company's proved reserves were comprised of approximately 126.7 billion cubic feet (Bcf) of natural gas and 4.5 million barrels (Mmbbls) of crude oil, or 82.4% gas on an equivalent basis.
For only $19 a month, you can sign up for our real-time stock alert service. Click here to join now:
In the report, the analyst notes:
"Continuing its winning streak for the fourth consecutive day, DPTR added $0.18, or 18.8%, to close Monday at $1.17. The stock traded on high volume of over 38.92 million shares Monday, nearly 18 times the average three-month volume. DPTR has a 52-week range of $0.67 - $1.95 and is currently trading above its 50-day and 200-day moving averages.
"The Company reported third-quarter net income attributable to common stockholders of $13.9 million, or $0.05 per diluted share, compared with a net loss attributable to common stockholders of $96.8 million, or $0.35 per diluted share, in the third quarter of 2009."
To read the entire report visit:
See what investors are saying about DPTR at
Get breaking news on DPTR at
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit:
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.
CONTACT: Brian Johnson info@microstockprofit.com 1-888-307-2850