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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (5903)12/31/2001 1:15:41 PM
From: isopatch  Read Replies (3) | Respond to of 36161
 
M. Looks you're off to a good start. Interesting picks.

Even though TRU could produce a good ST gain trade during the next few weeks on a NG cold weather spike there are a few things that make it less attractive in the longer term. It pays a very large dividend in part because reserves on the underlying properties will only last a few more years. Been awhile since my DD on it. But I think in early fall of 02' they'll have to shoulder a big increase in costs on one of their largest fields which will greatly reduce the payout to shareholders.

CRED looks interesting. Thanks for the idea. Will look into it in more detail.

Best regards,

Isopatch