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


To: Paul Senior who wrote (39311)9/17/2010 12:32:33 PM
From: E_K_S  Read Replies (1) | Respond to of 78763
 
Hi Paul -

Re: XCO & U.K. natural gas company BG Group - BG Group plc (BRGXF.PK)

I doubled up on my XCO tracking position this AM as the stock hit a 52wk low. Still a small starter position. Lots of options rolled over yesterday too.

Any particular reason you no longer follow these companies? Is it because their business focuses on NG rather than oil? Or did you see a problem with management and/or the way they structured theirs businesses?

It looks like their partnership started in May 2010 and subsequent deals have been added with the latest closing in September.

BG Group paying $950 mln in Exco joint venture
marketwatch.com

This company is truly a play on NG and is impacted by NG market prices (which suck!).

FWIW The last three insider transactions were Buys (all at prices 25% higher than the current 52wk low price of today).

EKS