Jerry Jones on CNBC
Re: Jerry Jones on CNBC
Jerry's family owns ~75% of CRK.
The Haynesville Shale is the cheapest to find and produce dry gas in the world. It is also located near the fastest growing gas market in the world.
CRK has a lot of undedicated gas that it can move to premium priced markets, including the LNG exporters, so I think we will see CRK getting some big gas prices this winter.
I will be adding PHX to our Small-Cap Growth Portfolio in July because it has growing stake in the Haynesville.
My updated forecast/valuation model has just been posted to the EPG home page.
The Haynesville Shale is the cheapest to find and produce dry gas in the world. It is also located near the fastest growing gas market in the world.
CRK has a lot of undedicated gas that it can move to premium priced markets, including the LNG exporters, so I think we will see CRK getting some big gas prices this winter.
I will be adding PHX to our Small-Cap Growth Portfolio in July because it has growing stake in the Haynesville.
My updated forecast/valuation model has just been posted to the EPG home page.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group