Wednesday, June 14, 2006

P/E Ratio --- KMG

KMG (Kerr-McGee Corp.)

KMG is an independent oil and natural gas exploration and production company.

Its current P/E ratio is 3.94 according to Yahoo! Finance. Its business is growing still.

It will execute a 2:1 split tomorrow. It closing price, as of6/14 and adjusted for the split, is $49.99.

It is a mid-term investment target.

My suggestion: Buy (7.5)

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