| | | You want actionable opinion/research, Bob? I just posted this at Isopatch's board -- note, just my opinion, but AR is maybe the best and least known NGL player, certainly in the Utica and Marcellus -- Iso can tell you more, but I've almost lost count how many stacked plays there are in those fields... only concern seems to be debt, but that seems unwarranted to me in the larger context after rolling up the MLP part of the biz and NGLs rule the patch right now -- liquid gold (to see the post rollup balance sheets to see what I mean about needless concerns about debt, see the SA article on it here ( seekingalpha.com ):
"In the patch, Antero has almost always been seen as a quality outfit... the public and by extension, the investing public, still haven't got a clue what it's position in the Utica and Marcellus shales means LT... stacked plays that none of us will live to see fully produced by a company that so far, hasn't made any significant mistakes managing it's resources and cash... it's been making the right moves with its midstream biz as well and looks like its roll up of the MLP into the C Corp will help their balance sheets.
I do not understand why AR is grossly undervalued right now. I've been contemplating shifting some money into it -- those ng lease payments are already starting to pile up and haven't even got to the 1/8 cut of produced oil and ng (mostly ng)... I gotta say, AR has way better plays in Ohio, Penn., and W. VA than the play beneath my holdings. NGLs are liquid gold at the moment." |
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