E! I'm giving the Energy situation a lot more "legs" this time -- possibly three years.... I'll post some info that just came in via my April 23 Business Week, soon as I catch up. Meanwhile, here is another of the nice energy options: QUOTE
Apache (APA)— For years, this Houston outfit has been building up its natural-gas and coal
reserves, funding acquisitions with equity offerings. Analysts say it got the reserves for a song and
the result: “very strong positive earnings surprises,” says Susan Byrne, money manager for
Westwood Management. The stock, trading at 62, sells at a price-earnings ratio of only 7.5, based
on Byrne’s estimate for this year’s earnings: her near-term target is 80. UNQUOTE
I like APA and BR, as you know, in addition to the NG connected royalty trusts: NCN ERF HGT SJT
more soon...
tso |
