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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (38178)	6/5/2010 11:05:19 AM
From: Grantcw	Read Replies (1) \| Respond to of 78476

Hello Madharry, I'm looking to do relatively the same: Increase my oil exposure outside of deepwater. I picked up some SGY this week and am looking at WTI - both seem to have decent earnings, and good forward p/e ratios as well as cash flow. Between ATPG, SGY, and IOC, I've already gotten to about 14% of my portfolio in total in these 3 energy plays. I've just got to believe in 12-18 months that Oil and NG prices are going to be higher with asian growth and drilling moratoriums. I'm thinking that the recent oil company collapse in stock price is a long-term gift, but we will see. Thanks, cwg

To: Madharry who wrote (38178)	11/14/2010 10:22:04 AM
From: Grantcw	Read Replies (1) \| Respond to of 78476

Hello Madharry, Are you still in SD? I'm considering starting a position in this stock, but wondered what your thoughts were. I guess I'd like to add to CHK or start positions in SD or BEXP. These natural gas plays are seeing some acquisition activity but are still at low stock price levels. I'm not sure if Natural Gas prices will go higher, but I like the fact that companies like CHK and SD are moving more into Oil drilling as the price of oil goes up and ng goes down. That should help the earnings of these companies as well as help the price of ng itself if enough drilling switches. Any thoughts on this? I already own a bit of CHK and I'm not necessarily super excited to add more there. SD has a lot of debt from their recent acqusition, but also a lot of oil. I think, for example, that SD is producing oil per day at around the same rate as ATPG is now. Thanks, cwillyg