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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (10478)10/22/2020 11:27:16 AM
From: isopatch2 Recommendations

Recommended By
berniel
Kirk ©

  Respond to of 26382
 
Appalachian Basin focused natural gas E&Ps continue strong performance, of past month, vs most other oil & gas drillers & producers which concentrate their operations in petroleum basins elsewhere.

(disclaimer: Not talking my book. No stock positions long or short. Am LT local mineral property investor in properties with producing & non-producing wells in acreage with proven reserves varying from 3 to 6 stacked pay zones. None of 3 companies charted below operate producing wells on the properties.)

Though not playing them, TA & FA + Supply/Demand for NG, lead me to expect tradable higher prices for the 1st 3 stocks, below & the commodity into January. Modestly lower NG supplies, + normal to colder than normal Grand Solar Minimum winter will get the job done.

Questions about this supply demand read R discussed in more detail in YTD posts on my board. Sometimes I get a tad enthusiastic. Always fun when a plan comes together.

Cheers,

Isopatch







Comparison charts to NG heavy E&Ps with more focus in other U.S. & Overseas Petroleum Basins



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