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

To: Spekulatius who wrote (62297)	8/1/2019 6:40:51 PM
From: E_K_S	Read Replies (1) \| Respond to of 78680

I want to stay w/ the diversified and somewhat safe NG players and away from pure leverage plays. Have looked at D (own a few shares) and like their LNG export operations and recently some pipeline assets they acquired I believe from PSX. Largest position is CVX and they continue to do profitable deals and have expanded NG operations in their Gorgon Natural Gas Project offshore Western Australia. I own WOOPY (have reduced that position) a NG player in Australia. I suspect NG could fall more (along w/ Oil) so, some of these solid player may present a good buying opportunity in this otherwise high price market. I do watch these secondary players just to see if they have turned the corner. I have learned that they do not make very good long term holds as wells dry up (get depleted), drilling costs continues and they just burn cash. EKS