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New Century Energy Corp. (NCEYQ) Trade Now » Rate NCEYQ - Discuss NCEYQ - Add to Watch List

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This Quarter's Sentiment:

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NCEYQ: Bull or Bear?

NCEY -Laurus Toxic financing NCEYQ

N/A

+89.13%
in 139 days

I was bullish on NCEY until last week, when the run up from ~.15 to .74 came to a screeching halt due to defaults on loans with Laurus. The pps came crashing back down to trade between low .20's and low .30's over the past week, now it looks like it will trade in the teens again until renegotiated financing is announced, bankruptcy, or something unforseen. If re-financing is announced, I believe NCEY could head back to .50-.70 in the near term as people get back on board....the company does have a good reserve base, knows how to successfully drill, and is active in acquiring paying projects...

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By skysoldier82d (-65.65% risk: aggressive) 07/16/08

Comment

Bullish on NCEYQ ... NCEYQ

67%

-90.74%
in 179 days

Corporate Information

New Century Energy Corp, headquartered in Houston, TX, is an independent oil and gas exploration and production company, with daily net production to its working interest of approximately 750 barrels of oil per day (Bopd) and 1.950 million cubic feet of gas per day (Mcfgpd). The Company's proved reserves as of December 31, 2007 are 1,613,000 barrels of crude oil and 3.0 billion cubic feet (Bcf) of gas. The Company's major areas of operations are located onshore United States, primarily in Matagorda, McMullen, Goliad and Wharton Counties in Texas.

Dur

...

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By Marian Filo (-33.76% risk: aggressive) 06/06/08

1 comment

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People Bullish on NCEYQ

smilingsidney

Analyst

N/A

5 mos ago

bullzilla

Sr. Analyst

36%

5 mos ago

Marian Filo

Principal

67%

5 mos ago

People Bearish on NCEYQ

skysoldier82d

Analyst

N/A

4 mos ago

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StreetInsider.com on NCEYQ

Form 10-Q New Century Energy Corp. For: Sep 30

Form NT 10-Q New Century Energy Corp. For: Sep 30

Form 10-Q New Century Energy Corp. For: Jun 30

Form NT 10-Q New Century Energy Corp. For: Jun 30

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