This is what I am playing for the next three to six months long. Tons of downgrades in the natural gas are without any respect to oil revenues... I think the sell off is overdone even if Citibank is banging the table to sell. Looking for a bounce and will start buy a bit next week starting with SUN,APA
SUN,HAL,COP,MRO,FTO,CHK,APA,APC
To a smaller degree but if the price is right.
EGY,TGA,SFY,PWI,HAWK,ECA,PPP,PXD,PGH,PTEN,NFX,LYO,FST,EOG
OPEC cutting in February and from my previous experience oil falls very slowly. Also without the SYNFUEL tax credit benefit passed onto consumers, I see more and more companies switching to natural gas from coal. |
