Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, independent petroleum producer McMoRan Exploration
With that in mind, let's take a closer look at McMoRan's business and see what CAPS investors are saying about the stock right now.
McMoRan facts
| Headquarters (founded) | New Orleans (1994) |
| Market Cap | $2.2 billion |
| Industry | Oil and gas exploration and production |
| Trailing-12-Month Revenue | $555.4 million |
| Management | Co-Chairman/CEO James Moffett CFO Nancy Parmelee |
| Return on Equity (average, past 3 years) | (27.8%) |
| Cash/Debt | $568.8 million / $553.6 million |
| Competitors |
Chevron Forest Oil |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 525 members who have rated McMoRan believe the stock will outperform the S&P 500 going forward.
Just last month, one of those Fools, JeffTex42, succinctly summed up the bull case for our community:
[McMoRan's] efforts in the shallow water ultra deep [Gulf of Mexico] has not gone unnoticed... particularly by Chevron. They are close to testing/producing the first of many wells that are pushing very significant technological boundaries. They are one of the very few making any significant effort towards reducing our dependence on foreign oil.
If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite its five-star rating, McMoRan may not be your top choice.
We've found another energy play we are incredibly excited about -- excited enough to dub it "The Only Energy Stock You'll Ever Need." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the new TrackPoisedTo CAPS account.
