Tag Archives: oil and gas production

Miller Energy shares poised to double?

Miller Energy Resources has taken its lumps from bloggers, websites and disgruntled Miller_Energy02.jpgshareholders who question the Knoxville company’s financial performance.

But today Miller caught a break with a positive piece on the financial website Seeking Alpha — perhaps because the authors have a long position on Miller.

Arvind Mallik and Jonathon Fite, Managing Partners of KMF Investments, suggest that Miller shares, are likely to double in value.

So far this year the oil and gas exploration and production company’s shares have increased from around $3 at the start if 2012 to $4.82 at mid afternoon today.

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