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I like THX for several reasons: low cost structure ($1.67 in costs per MCFe), high natural gas exposure (98%), and strong chart. Margins and price to book also are appealing. A utility company in the NE owns a majority of the stock, so it's relatively immune to short selling. BTW, Yahoo's company profiles now show short interest.
While I like THX, I like SFY better (and I'm hoping that it dips to 10 7/8 today to pick up my buy order). P/BV is just over 1, Price to expected cash flow is about 2.5 - 3, the p/e is near 11, natural gas exposure is near 75% and expected to rise once they acquire the interests of the limited partnerships that they manage. They are currently a pure land-play, with only on-shore properties and likely to stay that way. International operations are just beginning, and we may hear about the results of a New Zealand exploratory well sometime in the next month or so. Lots of other good things to say about the company, but you may want to visit the thread for further details. Oh, and there is the "pop" potential due to a heavy short interest in the stock. Of course, the shorts can do nasty things between now and the time they have to cover (which, in this market may be awhile).
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