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Of all of the oil and gas E&P (exploration and production) firms on the market today, one of the most interesting to me is undoubtedly Montage Resources (MR). Though leverage with current energy pricing is toward the high end of what I like, the company continues to illustrate that it's a leader among small cap players. With new guidance out, the company has defied fears that the market seems to have regarding production potential, and it has become apparent that the business truly is a best-of-breed prospect.