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Oil & Gas Stocks
  • Don't Walk On The Range, RUN, Away As Fast As You Can. ( $RRC $CHK $BHP $DVN $SWN $CLR ) 0 comments
    Aug 20, 2012 10:01 PM | about stocks: RRC

    Several of our articles recently have touched on the major problems natural gas producers are having and how they are impacting their financial statements. You see majors like $BHP writing off major natural gas plays and other stables like $CHK cutting back the majority of their exploration budgets. When the economics don't make sense you do what you do. While we will contend that $RRC is a great overall company, you also have to be realistic when something is overvalued, and I mean overvalued.

    Read Full Article Here:

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Natural Gas Stocks: RRC
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