SOURCE: Bollinger Report

February 02, 2012 09:00 ET

A Forward Look, The Year Ahead - Featured Research on Abraxas Petroleum Corp. and SM Energy Co.

HONG KONG--(Marketwire - Feb 2, 2012) - Today, www.BollingerReport.com introduced featured coverage of Abraxas Petroleum Corp. (NASDAQ: AXAS) and SM Energy Co. (NYSE: SM). Full research reports are available to readers at: www.BollingerReport.com/index.php?sm1=AXAS&sm2=SM.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential - there remains strong opportunity within careful discretion.

Bollinger Report screened and selected Abraxas Petroleum Corp. for its current position within the basic materials industry. Abraxas Petroleum Corporation (Abraxas) is an independent energy company engaged in the acquisition, exploitation, development and production of oil and gas in the United States and Canada. As of December 31, 2010, the Company's net proved reserves were 26. A copy of this report featuring Abraxas Petroleum Corp. (NASDAQ: AXAS) is available at: www.BollingerReport.com/index.php?sm1=AXAS.

Bollinger Report is featuring SM Energy Co. for its changing role within the basic materials industry. SM Energy Company, formerly St. Mary Land & Exploration Company, is an independent energy company engaged in the acquisition, exploration, exploitation, development and production of natural gas and crude oil in North America, with a focus on oil- and liquids-rich resource plays. To download researches and analysis on SM Energy Co. (NYSE: SM) we welcome investors to visit: www.BollingerReport.com/index.php?sm2=SM.

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