Burlington Resources Inc
Article Abstract:
Burlington Resources Inc is part of the oil and gas industry, particularly in the natural gas pipelines operation. Dir Walter Scott reportedly purchased a significant amount of shares in Jan 1992 when the stock was trading at the $35.63 area. In Nov 1992, persistent insider selling was observed at the $42.13 level before settling at the $41 area. Scott recently acquired another 13,900 shares at an average cost of $38, indicating the stock's probable undervaluation at that price.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Burlington Resources Inc
Article Abstract:
The stock of Burlington Resources Inc (BR) appreciated after the reported purchase of 436,000 shares by seven insiders. The stock is currently trading at 35 3/4. Stock analysts however are divided on their forecast on BR's projected 1992 earnings. Michael Young of Smith Barney estimates a 1992 net earnings of $1.70, up from $1.48. Paul Klikinski of Cowen & Co predicts 1992 earnings at $1.45 per share.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Eastern Enterprises
Article Abstract:
Eastern Enterprises experienced a decline in profits in 1991 especially in its Boston Gas Co unit where the recession and the Northeastern warm winter caused a decline in gas consumption. The conglomerate company's other divisions, Midland Enterprises Inc and Water Products Co expect to improve on their earnings in FY 1992.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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