lostcreek

Energy Investing: Natural Gas Looks Especially Interesting

This type of "research" scares the hell out of me. I've been long Southwestern for years. Great company. Fayetteville Shale, a move into the Marcellus, the Ranger Anticline, the Angelina River trend, maybe some Haynesville Shale, and legacy Arkoma production. Excellent balance sheet, excellent cost structure.

But LNG? Ridiculous!

Too many people have been mentioning Southwestern in the media. Scares me!


On Jul 17 09:13 AM Mmarrkk wrote:

> Marc:
>
> You quoted that guy saying that SWN has a huge piece of LNG. Have
> you checked that out? I'm thinking that guy is completely wrong!
> I looked over their web page and found nothing even closely resembling
> a linkage to LNG other than the fact that SWN produces natural gas.
>
>
> Since the guy is so completely off base and factually incorrect on
> such an elementary point, can he really be trusted as a financial
> analyst?? When all it takes is the worldwide web and a quick visit
> to a company's web page to do very elementary research (or maybe
> pre-school research), and this guy gets it wrong, then I'm guessing
> his credentials as an analyst are pretty shaky at best.
>
> If I were you, I'd research the guys I quote in my article. This
> guy is out to lunch!

Quicksilver Resources Inc. Q4 2007 Earnings Call Transcript

Most of the comments ascribed to Richard C. Buterbaugh were actually those of Glen Darden, the CEO. Some belonged to Toby Darden, the Chairman.