Beaten Down Natural Gas Likely to Stay Down, Making Producers a Short [View article]
Agree with the article. RRC and HK seem to be the most overvalued at 40+x EPS and 5x revs. And this includes the benefit of significant hedges this year. As the hedges roll off, bankruptcy is a possibility.
Beaten Down Natural Gas Likely to Stay Down, Making Producers a Short [View article]