Entering text into the input field will update the search result below

U.S. Shale Gas (Natural Gas) Producers Overvalued

Jan. 11, 2011 11:36 AM ETAQ, DVN, RRC, EOG
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

  We have already driven home the fact that shale gas production decline curves are very steep.

But the real answer is that the "flipping dirt/leasehold game" is over. Additionally, we have made clear that their will be major "environmental and royalty taxes" levied on shale gas due to water contamination and depleted State Budget coffers.

Then there is the very real risk of continued moratoriums on drilling, which in some states could become permanent.

When you do the math, shale gas production companies are massively overvalued. All shell games end in tears.

The attached post asks the correct questions. www.huffingtonpost.com/jeffrey-rubin/if-...

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.