GREY:PEYTF - Post by User
Comment by
Beabaggageon Nov 21, 2014 12:31pm
212 Views
Post# 23152384
RE:4.00 again
RE:4.00 againit seems like the mgmt. is doing a good job to me, delivering on their promised production, slowly paying down debt, bankers on board for credit line, making modest low cost accretive acq. an eliminating the premium dilutive drip.. mid-US continental NGL pricing is weighing on the sp now, as well as debt concerns and tax selling. if you are lucky enuf to have a big gain to offset in say Apple, energy is probably where people are taking offsetting losses. I am a little concerned this has not participated in the2-3day rally in energy, so tax selling may not be done here.. but seems a good entry point for a value/yield play. big NG draw this week in US per EIA today...The U.S. Energy Information Administration (EIA) reported Friday morning that U.S. natural gas stocks decreased by 17 billion cubic feet for the week ending November 14. That compared with an expected increase of 38 billion cubic feet anticipated by analysts. The five-year average injection for the week is around 16 billion cubic feet . Bea