Recs

3

Forest Oil Shares Surged: What You Need to Know

By Anders Bylund | More Articles
September 7, 2011 | Comments (0)

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of oil and gas producer Forest Oil (NYSE: FST  ) jumped as much as 10.8% in intraday trading today on eerily average trading volume.

So what: The company just announced that Canadian subsidiary Lone Pine Resources (NYSE: LPR  ) will be fully spun off in the form of a share dividend to current shareholders. This move is no surprise, but it's always nice to see a company following through on established plans.

Now what: As fellow Fool Isac Simon points out, Forest Oil is arguably a more efficient producer than well-respected rivals Ultra Petroleum (NYSE: UPL  ) and Southwestern Energy (NYSE: SWN  ) . And those two laggards are good enough that The Fool invested real money in them. Will a leaner, meaner Forest Oil look even better after the Lone Pine spinoff? I don't know, but that's what we have watchlist services for.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Motley Fool owns shares of Ultra Petroleum. Motley Fool newsletter services have recommended buying shares of Ultra Petroleum. Motley Fool newsletter services have recommended writing puts in Southwestern Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

DocumentId: 1549702, ~/Articles/ArticleHandler.aspx, 5/26/2012 3:05:59 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 17 hours ago Sponsored by:
DOW 12,454.83 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
NASD 2,837.53 -1.85 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/25/2012 4:02 PM
FST $8.43 Up +0.22 +2.68%
Forest Oil Corp CAPS Rating: ****
UPL $18.92 Down -0.06 -0.32%
Ultra Petroleum CAPS Rating: *****
SWN $28.77 Down -0.07 -0.24%
Southwestern Energ… CAPS Rating: ****
LPR $3.32 Up +0.02 +0.61%
LONE PINE RESOURCE… CAPS Rating: ****

Advertisement