T. Boone Pickens oil investor bought ME (Mariner Energy); is it a good oil company stock for the long term?

http://finance.yahoo.com/q?s=ME

They've missed earnings the last two quarters, I'm not sure why though, but you might want to look into that first before you invest:

http://www.cnbc.com/id/15837281?q=me

Pickens really knows the oil industry though, so he's as good as any to follow into an investment.

Also, how much reserves does ME have? If their reserves are increasing, this is a very good sign, and most oil companies reservers are shrinking.

good luck

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