Basic Company Data Data as of: October 26, 2010 Current Price 20.

75
Symbol BEXP BRIGHAM EXPLORATION CO H&C Composite Score
Description Brigham Exploration Company, an independent exploration and production company,
Neutral
applies 3-D seismic imaging and other technologies to explore and develop
onshore domestic natural gas and oil resources. The Company's exploration
activities are concentrated primarily in the Anadarko Basin, the Gulf Coast, the
3.3
Williston Basin, and the west Texas region of the United States.

Sector Energy
Industry Energy 0 1 2 3 4 5
Last Report Date 8/3/2010 Technical Score Fundamental Score
Earnings Date 11/1/2010
Fundamentals Technicals
Market Cap. $2.4 B BETA 2.66 Price $20.75 MACD Overbought, SELL
Price/Earnings 83.00 1Yr. EPS Growth Rate % -94.12% 50-Day MA $17.99 Stochastics Trend Up
Forward Price/Earnings 26.20 5Yr. Avg. EPS Growth Rate % #N/A N/A 200-Day MA $16.91 RSI Signal Trend Up
Price/Book 4.20 EPS Growth QoQ 0.00% 50/200 Day MA $1.08 S/T Trender Down
Forward PEG Ratio 0.92 Revenue Growth QoQ 117.90% Volume Pressure 1.71 L/T Trender Up
Return on Equity -63.80 Dividend Yield 0.00% Average Daily Volume 3,556,180
LT Debt/Equity 60.15% Cash Flow Per Share 0.73
H&C Fundamental Score 1.1 H&C Technical Score 2.3
Ownership Data
Inst. Buy/Sell Ratio 2.65 Management Ownership 2.52% 50 Day Moving Average S/T & L/T Bull Trender
% Change of Insider Holdings -6.66% Short Interest Ratio 3.41 20 Day Moving Average S/T & L/T Bear Trender

BRIGHAM EXPLORATION CO $22

$20

$18

$16

$14

5.0
Bull Trend Bear Trend

0.0

-5.0
2.0
Up / Down Volume Ratio
1.5
1.0
0.5
0.0
150

100

50

0
2-Jul-10 19-Jul-10 2-Aug-10 16-Aug-10 30-Aug-10 14-Sep-10 28-Sep-10 12-Oct-10 26-Oct-10
Volume x100,000
Fundamentals
BRIGHAM EXPLORATION CO
1
Earnings Per Share 2 Reported Estimate Target Price 19 Reported Estimate
$0.30 $25

$0.25
$20
$0.20

$0.15
$15
$0.10

$0.05 $10

$0.00
$5
-$0.05

-$0.10 $0

Total Revenues 1 Ownership EPS & Revenue Growth

Reported Estimate
Investment Advisor 74.42% Quarter EPS Growth Rev. Growth
$120 Hedge Fund Manager 15.47% FQ3 2008 11% -6%
Individual 2.86% FQ4 2008 -157% -11%
$100 Pension Fund (ERISA) 2.46% FQ1 2009 -80% -30%
Bank 2.36% FQ2 2009 -129% -59%
Mutual Fund Manager 1.34% FQ3 2009 -100% -36%
$80
Insurance Company 1.32% FQ4 2009 0% # -13%
Corporation 0.06% FQ1 2010 300% 38%
$60 FQ2 2010 160% # 185%
Forward Growth Estimates
$40 Quarter EPS Growth Rev. Growth
FQ3 2010 N/A 137%
$20 FQ4 2010 240% 156%
FQ1 2010 91% 123%
FQ2 2011 35% 83%
$0

Largest Geographic Segmentation of Revenue Product Segmentation of Revenue

Yearly Yearly
Segment Name FY 2009 FY 2008 FY 2007 FY 2006 FY 2005 Segment Name FY 2009 FY 2008 FY 2007 FY 2006 FY 2005
United States $68.28 $125.24 $120.65 $102.96 $97.04 Exploration & Production $68.19 $125.11 $120.56 $99.79 $96.82
Oil $44.58 $51.45 $28.35 $28.29 $23.38
Gas $23.61 $73.66 $92.21 $71.50 $73.44
Other Revenue (Gas Gathering) $0.09 $0.13 $0.09 $3.17 $0.22

10/26/2010