Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (38449)	2/27/1999 3:38:00 PM
From: SliderOnTheBlack	Respond to of 95453

Gary B; E&P's Nat Gas leverage.... EVER & PETD are 2 small cap pure plays; BR & NBL the large cap leaders - all have above avg; resv life... one of the criticisms of late of EGAS has been the quality of their assets and resv. life - sorry EGAS fans.. RRC & FEN are 2 high return/high risk plays - of those RRC has very, long life Resv's - FEN very short... RRC is a real sleeper here - was highlighted by Aydin of McDonald & Co in a Barons Story a while back along with MARY COG MLRC . CWEI has high upside through the drillbit, UPR is a great gas play - but high debt load - lots of good choices. I like EVER PETD MLRC PZE and RRC for speculation - the big caps just don't have the upside as these smaller players - so BR/NBL don't personally attract me personally - allthough they are less volatile... I like APA the best as a balanced Gas/Crude producer for upside potential in a larger cap E&P. PZE is a bigtime sleeper as well - I would be a buyer here of PZE ! Why E&P's vs. the Drillers ? I think that the Nat Gas plays will, or at least can separate themselves from the rest of the Oilpatch if Nat Gas prices separate from crude price trends - which the Salomon forecast predicts is not to far away... in essence - a HEDGE for reason #1, Diversification #2 and that they are way oversold - whitewashed to the same degree of the heavier Crude producers - so if I can buy the Nat Gas pure plays at the same discount of the more Crude oriented Producers - while price fundamentals for Gas are clearly more Bullish - gotta buy !