PMT looks interesting againnew private placement and debt issue gives PMT running room.
I need to get up-to-date on hedges for 2017/18 and capital budget for 2017.
I don't see any major deals this year, they are just going to crank out more NG wells and increase production to fill processing plant which will help to lower costs.
NG getting killed last few days due to warm weather and maybe justified to an extent but weather in no longer the only factor to weigh, with increased exports to mexico and LNG production and exports.
current price rtange looks attractive, considering their new 13% ownership interest, these guys don't invest in losing companies.
oh well, I think there is some value here at 1.69 range and I will be buying from here and lower if opportunity presents itself but please DYODD
NG will be volitile this year due to increased produciton from shale fields , both oil and NG