RE:THE value pickyep I posted this as the value pick on just the 28th, now three days later it is up near 10% ride the wave pey has extraordinary asset base, so good at finding but also processing, huge swath of inter connected natgas processing and producing. lots iof room to grow or maintain with small growth and payout cash.
a mini tou.. really, and come to think of it, woud be an excellent fit for tou if ever pey said we should really sell out at the high of this cycle... wow they could be worth $20 ezy,, maybe $40?? depends on natgas prices and in this cycle it seems these e&ps have held back on big expansion... they have the cash, no they know they can end a cycle by over producing so keep the supply just up 10% and the longer this cycle runs ans the longer shareholders have to make the 4 baggers, a few in a row..
tou for example, a natural buyer, as is arx, but tou will use cash flow to maintain production and they payout divys, for growth they BUY other companies, that is growing without adding to supply of gas. That is what these gas producers need to do, allow growth to fill the system, and not simply drill themselves into bankruptcy as the past was all about. This extends the cycle and our time to make big coin