Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (56986)	12/15/1999 3:31:00 PM
From: ItsAllCyclical	Respond to of 95453

Slider: XTO, BR, NBL and EOG are all great gas plays imho. We're talking different shares of gray here if you buy and hold. I like XTO's cash flow and oil hedges, but of the 4 listed they are the smallest and have the highest debt (highest risk if we have a warm winter). Guess it's a risk/reward thing. I'll be very well off if EOG and NBL simply return to 20 and 25 respectively by Jan so I don't need to take too many chances here. I like NBL the best to based on the combination of it's relative safety and appreciation potential. My order would be NBL, EOG, XTO, BR here. I know there are plenty of other great gas plays such as HSE. I'm playing EOG and BR from a Jan call perspective. Have EOG 15's and BR at 30. Own NBL outright and own some NBL Jan 20's too. I lack the cash to buy XTO here in my personal account until OEI bounces, but have purchased it for other accounts that I manage. I'm still mostly balanced plays and oil plays though (OEI, PXD, VPI). Have my gas plays mostly as calls. If I were using less margin I would be more aggressive with speculative plays, but right now I'm being aggressive with safe plays till things really turn up.