Delta Petro (DPTR) volatility at low end of range as oil trades $108

April 9, 2008 9:33 AM EDT
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Delta Petro (Nasdaq: DPTR) : DPTR, an oil & gas exploration and development company, closed at $23.06. WIT Crude futures are down .36% to $108.11 according to Bloomberg. Deutsche Bank raised its price target to $31 from $28. DPTR over all option implied volatility of 58 is below its 6-month average of 63 according to Track Data, suggesting decreasing price fluctuations. Paul Foster

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