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re: Can anyone think of a good reason why I shouldn't invest in this?
Posted on 1/26/12 at 1:41 pm to maine82
Posted on 1/26/12 at 1:41 pm to maine82
quote:
Can anyone think of a good reason why I shouldn't invest in this?
The floor has dropped out from under natural gas. So unless that price comes up, these companies are going to be cutting back on NG production.
1
Posted on 1/26/12 at 2:12 pm to C
Chesapeake just announced a big pullback in Haynesville and Barnett last week. But if you think its bottoming out as everyone pulls back on gas-related capex, I wouldn't say its a bad way to bet that. If that's your play I'm not sure I wouldn't just leverage it completely to a company with heavy gas production though.
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