Magnum Hunter Resources: Not All Debt-Laden Energy Companies Are Created Equal

This article was first published by Seeking Alpha on March 9, 2015

By Sarfaraz A. Khan

Buy Magnum Hunter Stock When There’s Blood In the Streets

This article was originally published by TheStreet on Oct. 14, 2014

NEW YORK (TheStreet) -- Magnum Hunter Resources  (MHR) , an independent oil and gas company, has seen its stock fall by over 45% since January to around $4 a share due, in part, to concerns about the company's liquidity. But this could be a buying opportunity for patient investors.

Magnum Hunter plans to spend $400 million in capital expenditures this year, a large amount for a company with a market capitalization of less than $1 billion and debt levels that by one metric were 16 times greater than the industry's average.