Playing the drilling and exploration companies is risky. If nat gas does not rebound, and with mild winters and low demand, it looks like it won't. Companies like CHK are saddled with high debt. The lower nat goes goes and stays, the more likely these companies will go bankrupt. They simply can't operate with these low prices.
On Aug 27 10:20 AM Andiroo wrote:
> What do people think about EP or CHK as a better play on a boost > in NG prices than UNG?
How Low Can Natural Gas Prices Go? [View article]
On Aug 27 10:20 AM Andiroo wrote:
> What do people think about EP or CHK as a better play on a boost
> in NG prices than UNG?