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Strategies & Market Trends : Dividend investing for retirement
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To: Steve Felix who wrote (5066)7/9/2010 3:52:48 PM
From: E_K_S  Read Replies (1) of 34328
 
Hi Steve -

Re: Gas Natural Inc. Common Stock ((AMEX: EGAS)

Started a tracking position in EGAS based on your post. I like that the company owns a 48% working interest in 160 natural gas producing wells and has interest in the gas gathering business too. If they can grow their gas gathering business, especially in the Ohio area where they have re-incorporated, this should be a good long term hold.

I will be watching to see where they price their secondary, it's possible for them to place the whole amount through a private placement sale. There are so few shares that a large NG integrator could easily afford all the shares in a secondary before they decide to acquire the rest of the company.

EKS
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