C. K. Cooper & Company Published a 4-Page Research Report on Berry Petroleum (NYSE: BRY), Raising Our 12-Month Price Target to $
October 27 2004 - 1:35PM
PR Newswire (US)
C. K. Cooper & Company Published a 4-Page Research Report on
Berry Petroleum (NYSE: BRY), Raising Our 12-Month Price Target to
$45.00 C. K. Cooper & Company Published a 5-Page Research
Report on Canadian Superior (Amex: SNG), Upgrading to a Short-Term
Buy and a Long-Term Buy IRVINE, Calif., Oct. 27 /PRNewswire/ -- C.
K. Cooper & Company published a 4-page Research Report on Berry
Petroleum (NYSE:BRY), and a 5-page Research Report on Canadian
Superior (AMEX:SNG). Philip J. McPherson, Director of Research
commented, "Berry Petroleum continues to generate record levels of
profits and cash flow. While higher commodity prices are the
primary driver, the Company is also growing production and taking
the necessary steps to maintain this growth with several key
acquisitions recently announced." Philip J. McPherson, Director of
Research commented, "Canadian Superior has the potential to drill
two high impact offshore wells in the next six months. These wells
located in offshore Nova Scotia and Trinidad both have the
potential to be Company changers. This will be Canadian Superior's
third attempt in offshore Nova Scotia, and their first attempt in
Trinidad. We believe it is the right time to begin aggressive
accumulation of shares." Berry Petroleum's stock closed yesterday
at $40.04 Canadian Superior's stock closed yesterday at $1.97 C. K.
Cooper & Company's clients may view this report by visiting:
http://www.ckcooper.com/. For more information please contact: C.
K. Cooper & Company Telephone: (949) 477-9300 18300 Von Karman
Avenue, Suite 440 Facsimile: (949) 477-9211 Irvine, California
92612 E-Mail: C. K. Cooper & Company is an investment-banking
boutique that specializes in the energy sector with an emphasis on
exploration and production companies. The information contained
herein is not a complete analysis of every material fact respecting
any company, industry or security. Although opinions and estimates
expressed herein reflect the current judgment of C. K. Cooper &
Company, the information upon which such opinions and estimates are
based is not necessarily updated on a regular basis; when it is,
the date of the change in estimate will be noted. In addition,
opinions and estimates are subject to change without notice. This
Report contains forward-looking statements, which involve risks and
uncertainties. Actual results may differ significantly from the
results described in the forward-looking statements. Factors that
might cause such a difference includes, but is not limited to,
those discussed in "Investment Risks." C. K. Cooper & Company
from time to time perform corporate finance or other services for
some companies described herein and may occasionally possess
material, nonpublic information regarding such companies. This
information is not used in the preparation of the opinions and
estimates herein. While the information contained in this Report
and the opinions contained herein are based on sources believed to
be reliable, C. K. Cooper & Company has not independently
verified the facts, assumptions and estimates contained in this
Report. Accordingly, no representation or warranty, expressed or
implied, is made as to, and no reliance should be placed on, the
fairness, accuracy, completeness or correctness of the information
and opinions contained in this Report. C. K. Cooper & Company,
its managing directors, its affiliates, and/or its employees may
have an interest in the securities of the issue(s) described and
may make purchases or sales while this report is in circulation. C.
K. Cooper & Company is a member of the National Association of
Securities Dealer, CRD number 106578. DATASOURCE: C. K. Cooper
& Company CONTACT: C. K. Cooper & Company, +1-949-477-9300,
or fax, +1-949-477-9211, Web site: http://www.ckcooper.com/
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