Iso,
I read, with interest, Maxwell's "Natural Gas: The 5 Stages to market Panic". He mentioned several large cap companies that would be good investments if the gas baloon goes up: APC, BR, UCL,APA,etc. Not normally an oil patch follower, at least not since early 80s when I was working in Deer Park TX. I researched some of these co's and am baffled as to why UCL, with 6.6 tcf of NG reserves has a p/e of 17, and BR with 10.2 tcf of NG reserves has a whopping p/e of 58, and APC with a p/e of 53, no reserves listed on Hoovers.
I'm inclined to buy UCL for the NG crunch play, but...?
Who would be your large cap pick, and why? |
