Opinion on  Arena Resources Inc. (ARD)     Sector: Energy  >  Industry: Oil & Gas Operations
Arena Resources Inc.

Hot Growth 100

2007   #41
Arena Resources Inc. is involved in the acquisition, exploration, development, and production of oil and gas and owns oil and gas properties in Oklahoma, Texas, Kansas, and New Mexico. The company primarily sells to end users and marketers, and has drilling operations through subsidiaries. As of yearend, it had proven reserves of roughly 43.1 million barrels of oil. Arena was founded in 2000 and is headquarted in Tulsa

Analysts'  Recommendation:	Buy
30 Days Ago:	Buy
Analysts' Target:	$55

Analysts' Targets
SunTrust Robinson Humphrey	$64
Neutral
Wednesday, July 16, 2008
Avondale Partners	$53
Strong Buy
Thursday, March 27, 2008
C.K. Cooper & Co.	$46
Hold
Thursday, March 20, 2008

<th style="width: 60px;"> Date </th> <th style="width: 120px;"> Rating </th> <th style="width: 110px;"> Target Price </th> <th style="width: auto;"> Analyst </th> <th style="width: 60px;">   </th>

07/16/08	Buy	$ 64.00	SunTrust Robinson Humphrey
06/10/08	Strong Buy	$ 68.00	Capital One Southcoast
06/10/08	Buy	$ 70.00	Dahlman Rose
05/09/08	Buy	$ 56.00	CK Cooper
05/06/08	Buy	$ 52.00	Ladenburg Thalmann