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PETD

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AcronymDefinition
PETDPulse Electro Thermal De-Icing
PETDPost-Irradiation Examination Technology Development
PETDPercentage Exit Thickness Dose


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Despite recent turmoil, the PETD story remains intact, with low risk drilling in its three Colorado operating areas along with accretive acquisitions providing the fuel for double-digit production growth through 2010.
Record commodity prices have allowed PETD to increase its developmental drilling activities by 50 net wells in 2008.
Here is a synopsis of all five stocks: Bull of the Day: Petroleum Development (Nasdaq: PETD) We are maintaining our Buy recommendation on PETD shares and raising our NAV-based price objective to reflect the company's reserve base and our updated commodity-price deck.
 
 
 
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