December 5, 2010

Natural Gas Stocks to Watch for.. GMXR SD

Natural gas prices had been relatively steady till about Thanksgiving (See monthly price fluctuation here). However, with a cold wave beginning to sweep the nation, NG prices are inching up too.

After Thanksgiving weekend, spot prices have gone up by almost ten percent!!  See price movement (in absolute dollars) in the EIA chart below.

Some new natural gas plays become crucial stocks to watch now.

Among those are:
Sandridge Energy (which upped its production guidance to 7.3 mil from 7.0 mil tonnes recently - link)

GMXR An interesting viewpoint on GMR is provided on the Motley fool website. Ignore the 3 star rating metric though.. it does nt mean anything..

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