DD for SHY.v (SHEYF.pk) Sharon Energy, Ltd. (Canada)
Industry: Oil & Gas Drilling & Exploration
Shares Outstanding:
51,418,565
Market Cap:
17,996,498
Fiscal Year (ends Mar 31)
Assets:
$11,893,423 (2006)
$6,320,738 (2005)
Revenue:
$4,103,904 (2006)
$1,004,575 (2005)
Net Income:
$1,119,561 (2006)
$766,460 (2005)
Potential for upside:
Stands to benefit if natty prices swing to the upside with supply disruptions in 2007. Currently depressed by stagnation in natty prices. In essence, you can consider this is a hurricane play, if you will.
Sharon Energy, Ltd.
Suite 1800, 633-6th Avenue S.W.,
Calgary AB, Canada T2P 2Y5
Phone 403-269-9889
Fax 403-269-9890
Email tony@diazresources.com
Website www.sharonenergy.com
Paul Litman: "Avoid panic selling & avoid overconfident buying."