Compton Petroleum Corporation is a Calgary, Alberta based independent, public company actively engaged in the exploration, development and production of natural gas, natural gas liquids and crude oil in the Western Canadian Sedimentary Basin. The Company's capital stock trades on The Toronto Stock Exchange under the symbol CMT and on the New York Stock Exchange under the symbol CMZ.
Compton Petroleum Corporation (TSE CMT) Updated: Mar 26, 2009
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Compton began operations in 1993 with $1 million of share capital, a small dedicated technical team and a large seismic data base. The objective was to build a company from the grassroots through internal full-cycle exploration, complemented by strategic acquisitions. Our vision was to create a company capable of long-term sustained growth with a primary focus on natural gas. Compton's vision and strategy has remained unchanged since inception. In 2004, the Company attained average production of 26,876 boe per day (6:1 gas conversion), long life proved plus probable reserves of 144.8 million boe, control of over one million acres sections of undeveloped land and a total net asset value in excess of one billion dollars
Recent News:
....... Macquarie……Jan 27, 2010
Downgraded to UNDERPERFORM from NEUTRAL
CMT Price day before: $1.01 Finish day of posting:$0.98Current:$0.98
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Travis Wood ....... UBS……Sept 28, 2009
Maintained SELL
Target $1.00C (Target Hit Nov 13, 2009)
CMT Price day before: $1.38 Finish day of posting:$1.36Current:$0.98
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Gord Currie ....... Blackmont Capital……Sept 28, 2009
Maintained SECTOR PERFORM
CMT Price day before: $1.38 Finish day of posting:$1.36Current:$0.98
-----Apr 01, 2009----------
Maintained SECTOR PERFORM
CMT Price day before: $1.52 Finish day of posting:$1.21Current:$0.98
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Terry Peters ....... Canaccord Capital……Apr 01, 2009
Maintained HOLD
Target $1.25
CMT Price day before: $0.82 Finish day of posting:$0.86Current:$0.98
-------May 21, 2008-------
Downgraded to HOLD from BUY
Target reduced to $13.00 from $13.75
CMT Price day before: $12.30 Finish day of posting:$12.11Current:$0.98
----------Nov 20. 2007-------
Upgraded to HOLD from SELL
Target $8.75 (Target Hit Dec 14, 2007)
CMT Price day before: $7.98 Finish day of posting:$8.12Current:$0.98
-----Dec 08, 2006---
Downgraded to SELL from HOLD
Price Target reduced to $11.25 from $12.25 (Target Hit)
CMT Price day before: $11.64 Finish day of posting:$11.42Current:$0.98
------Aug 11, 2005------
Maintained SELL
Price Target $10.75 (Target Hit Sept 25, 2006)
CMT Price day before: $13.43 Finish day of posting:$13.49Current:$0.98
-----May 12, 2005--------
Maintained SELL
Price Target $9.50
CMT Price day before: $10.30 Finish day of posting:$10.03Current:$0.98
------Feb 04, 2005---------
Maintained SELL
Price Target $9.50
CMT Price day before: $11.46 Finish day of posting:$11.75Current:$0.98
-------Nov 17, 2004-------
Downgraded to SELL from HOLD
Price Target raised to $9.50 from $8.00
CMT Price day before: $10.41 Finish day of posting:$10.40Current:$0.98
--------Aug 17, 2004--------
Maintained HOLD
Price Target raised to $8.00 from $7.50 (Hit Target)
EPS est raised 2005 to $0.69 from $0.53
CMT Price day before: $7.48 Finish day of posting:$7.63Current:$0.98
------May 14, 2004------
Maintained HOLD
Price Target $7.50 (Hit Target)
EPS est reduced 2004 to $0.52 from $0.54
CMT Price day before: $7.10 Finish day of posting:$7.25Current:$0.98
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Peter Doig ....... Scotia Capital……Mar 26, 2009
Maintained UNDERPERFORM
Target reduced to $0.60 from $0.70C
CMT Price day before: $0.93 Finish day of posting:$0.94Current:$0.98
------Nov 13, 2007------
Maintained UNDERPERFORM
Target reduced to $8.25 from $8.95C (Target Hit Nov 29, 2007)
CMT Price day before: $7.40 Finish day of posting:$7.65Current:$0.98
-----Oct 01, 2007------
Target reduced to $8.95 from $10.75C (Target Hit)
CMT Price day before: $9.30 Finish day of posting:$9.40Current:$0.98
------Jan 04, 2007------
Maintained UNDERPERFORM
Price Target $12.50
CMT Price day before: $10.00 Finish day of posting:$9.57Current:$0.98
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Dan Tsubouchi....... GMP…….Aug 29, 2008
Target raised to $12.00 from $10.50C
CMT Price day before: $9.14 Finish day of posting:$9.04Current:$0.98
------Dec 17, 2007--------
Target raised to $11.00 from $8.50C (Target Hit Feb 26, 2008)
CMT Price day before: $9.25 Finish day of posting:$9.00Current:$0.98
------Dec 06, 2005-------
Price Target raised to $23.00 from $20.00C
CMT Price day before: $16.96 Finish day of posting:$17.60Current:$0.98
-----Oct 04, 2005-----
Price Target raised to $20.00 from $15.00C
CMT Price day before: $16.00 Finish day of posting:$15.45Current:$0.98
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Jason Bouvier...... RBC Capital Markets…….Aug 13, 2008
Maintained SECTOR PERFORM
Target reduced to $12.50 from $13.50C
CMT Price day before: $8.95 Finish day of posting:$8.97Current:$0.98
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Tom Ebbern....Tristone Capital …….Dec 17, 2007
Maintained OUTPERFORM
Target raised to $12.00 from $10.50C (Target Hit Mar 07, 2008)
CMT Price day before: $9.25 Finish day of posting:$9.00Current:$0.98
------Nov 13, 2007------
Upgraded to OUTPERFORM from MARKET PERFORM
Target reduced to $10.50 from $12.50C (Target Hit Feb 19, 2008)
CMT Price day before: $7.40 Finish day of posting:$7.65Current:$0.98
----Jan 10, 2006-------
Maintained BUY
Price Target raised to $25.00 from $20.00C
CMT Price day before: $17.01 Finish day of posting:$18.29Current:$0.98
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Mark Bridges....... CIBC World Markets…….Dec 13, 2007
Target reduced to $12.00 from $13.50C (Target Hit Mar 07, 2008)
CMT Price day before: $8.22 Finish day of posting:$8.22Current:$0.98
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Kyle Preston....Salman Partners …….Nov 13, 2007
Target reduced to $9.00 from $11.20C (Target Hit Dec 14, 2007)
CMT Price day before: $7.40 Finish day of posting:$7.65Current:$0.98
------Oct 01, 2007------
Target reduced to $11.20 from $12.50C
CMT Price day before: $9.30 Finish day of posting:$9.40Current:$0.98
------Jan 10, 2006-------
Target raised to $21.50 from $19.00C
CMT Price day before: $17.01 Finish day of posting:$18.29Current:$0.98
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Mark Leggett ....... BMO Capital Markets…….Nov 13, 2007
Maintained OUTPERFORM
Target reduced to $8.75 from $9.75C (Target Hit Dec 14, 2007)
CMT Price day before: $7.40 Finish day of posting:$7.65Current:$0.98
-------Apr 04, 2007-------
Upgraded to OUTPERFORM from MARKET PERFORM
CMT Price day before: $11.38 Finish day of posting:$11.49Current:$0.98
------Mar 22, 2006------
Upgraded to MARKET PERFORM from UNDER PERFORM
CMT Price day before: $14.51 Finish day of posting:$14.88Current:$0.98
----Aug 15, 2005-------
Upgraded to MARKET PERFORM from UNDERPERFORM
Price Target raised to $14.50 from $11.00C (Target Hit Aug 31, 2005)
CMT Price day before: $13.86 Finish day of posting:$13.45Current:$0.98
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Stephen Calderwood ....... Raymond James……Oct 01, 2007
Target reduced to $8.50 from $9.50C (Target Hit Oct 18, 2007)
CMT Price day before: $9.30 Finish day of posting:$9.40Current:$0.98
------Apr 12, 2007-------
Downgraded to MARKET PERFORM from OUTPERFORM
CMT Price day before: $11.85 Finish day of posting:$12.12Current:$0.98
------Dec 23, 2005-------
Maintained MARKET PERFORM
Price Target $17.75C(Target Hit)
CMT Price day before: $16.95 Finish day of posting:$17.26Current:$0.98
-------Dec 04, 2005-------
Downgraded to MARKET PERFORM from OUTPERFORM
Price Target raised to $17.75 from $16.00C (Target Hit)
CMT Price day before: $16.85 Finish day of posting:$16.96Current:$0.98
-------Nov 11, 2005-------
Upgraded to OUTPERFORM from MARKET PERFORM
CMT Price day before: $12.65 Finish day of posting:$13.25Current:$0.98
----Sept 12, 2005----
Maintained MARKET PERFORM
Price Target raised to $16.00 from $13.25C (Target Hit Oct 03, 2005)
CMT Price day before: $14.80 Finish day of posting:$14.80Current:$0.98
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John Gerdes .......Sun Trust …….Jan 04, 2007
Upgraded to NEUTRAL from REDUCE
Target raised to $9.00 from $8.00US (Target Hit)
CMT Price day before: $10.00 Finish day of posting:$9.57Current:$0.98
CMZ Price day before: $8.61 Finish day of posting:$8.15Current:$9.30US
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Allan Stepa ....... Dundee Securities…….Nov 13, 2006
Price Target reduced to $15.25 from $17.00
CMT Price day before: $11.90 Finish day of posting:$11.40Current:$0.98
--------Jan 04, 2006-------
Maintained BUY
Price Target raised to $20.00 from $17.00C
CMT Price day before: $17.27 Finish day of posting:$17.34Current:$0.98
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Jeff Fiell....... Octagon …….Nov 13, 2006
Price Target reduced to $14.00 from $17.00
CMT Price day before: $11.90 Finish day of posting:$11.40Current:$0.98
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.....Hibernia Southcoast Capital …….Jan 04, 2006
Maintained BUY
Price Target raised to $27.00 from $26.00C
CMT Price day before: $17.27 Finish day of posting:$17.34Current:$0.98
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Christian O'Neill ....... Morgan Stanley.…….Dec 01, 2005
New OVERWEIGHT
Price Target $21.00C
CMT Price day before: $15.40 Finish day of posting:$16.69Current:$0.98
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Steve Larke ....... TD Newcrest……May 11, 2005
Maintained BUY
Price Target $15.00
CMT Price day before: $10.01 Finish day of posting:$10.30Current:$0.98
------Mar 02, 2005-----
Maintained BUY
Price Target raised to $15.00 from $12.50
CMT Price day before: $12.80 Finish day of posting:$12.79Current:$0.98
-------Nov 16, 2004-------
Maintained BUY
Price Target raised to $12.50 from $12.00 (Hit Target Feb 11, 2005)
CMT Price day before: $10.39 Finish day of posting:$10.41Current:$0.98
---------Oct 06, 2004---------
Maintained BUY
Price Target raised to $12.00 from $10.65 (Hit Target Feb 08, 2005)
CMT Price day before: $9.97 Finish day of posting:$9.80Current:$0.98
------Apr 12, 2004------
Maintained BUY
Price Target raised to $9.25 from $8.85 (Hit Target Oct 01, 2004)
CMT Price day before: $7.94 Finish day of posting:$8.10Current:$0.98
------Jan 13, 2004------
Upgraded to BUY from HOLD
Price Target raised to $7.50 from $6.30 (Hit Target Feb 25, 2004)
CMT Price day before: $6.27 Finish day of posting:$6.55Current:$0.98
--------August 22, 2003--------
Maintain HOLD
Price Target $6.30 (Hit Target)
CMT Price day before: $6.26 Finish day of posting:$6.28Current:$0.98
--------May 22, 2003-------
Maintain HOLD (Hit Target August 11, 2003)
Price Target raised to $6.30 from $5.75
CMT Price day before: $5.75 Finish day of posting:$5.79Current:$0.98
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Kim Page ....... First Associates…….Feb 15, 2005
Maintained SELL
CMT Price day before: $12.34 Finish day of posting:$12.15Current:$0.98
------Nov 04, 2004--------
Maintained SELL
CMT Price day before: $11.25 Finish day of posting:$11.20Current:$0.98
-----May 14, 2004-----
Maintained HOLD
Price Target reduced to $7.00 from $7.25
CMT Price day before: $7.10 Finish day of posting:$7.25Current:$0.98
--------Apr 30, 2004-------
Maintained HOLD
CMT Price day before: $7.55 Finish day of posting:$7.45Current:$0.98
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Stephen R. Smith ....... Orion…….Oct 18, 2004
Maintained OVERWEIGHT
Price Target raised to $12.50C (Hit Target Feb 11, 2005)
CMT Price day before: $9.70 Finish day of posting:$9.66Current:$0.98
------Jan 13, 2004-----
Upgraded to OVERWEIGHT
Price Target raised to $7.00C (Hit Target Jan 15, 2004)
CMT Price day before: $6.27 Finish day of posting:$6.55Current:$0.98
------- May 03, 2004------
Maintained OVERWEIGHT
Price Target $8.25 (Hit Target Sept 22, 2004)
CMT Price day before: $7.45 Finish day of posting:$7.50Current:$0.98
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???? ....... Scotia Capital……. Apr 12, 2004
Downgraded to SECTOR PERFORM from SECTOR OUTPERFORM
Price Target raised to $7.75C (Hit Target)
CMT Price day before: $7.94 Finish day of posting:$8.10Current:$0.98
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John Herrin ....... Merrill Lynch……. Jan 13, 2004
Downgraded to NEUTRAL from BUY
CMT Price day before: $6.27 Finish day of posting:$6.55Current:$0.98
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Peter Doig ....... National Bank Financial……. May 25, 2003
Maintain SECTOR PERFORM
Price Target raised to $6.00 from $5.75(Hit Target)
CMT Price day before: $5.87 Finish day of posting:$5.90Current:$0.98
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