Everybody knows the deal these days on natural gas. E&P companies like
Cabot Oil & Gas (NYSE:
COG)
have been incredibly successful at finding and exploiting new sources
of natural gas, but the U.S. energy infrastructure has not shifted as
radically. Consequently, inventories are high and prices are low, which
has kept a lid on many of the stocks. Although Cabot's near-term
valuation wouldn't suggest that it's a compelling buy, I think a
longer-term perspective suggests a different answer.
Please click the link to continue:
http://www.investopedia.com/stock-analysis/2012/Cabot-Oil-And-Gas-Looks-Like-A-Reasonable-Buy-And-Wait-Story-COG-UPL-SWN-RRC0904.aspx
No comments:
Post a Comment