Crescent Energy (CRGY) Upgrade - Jan 20

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dan_s
Posts: 37262
Joined: Fri Apr 23, 2010 8:22 am

Crescent Energy (CRGY) Upgrade - Jan 20

Post by dan_s »

https://finance.yahoo.com/news/crescent-energy-crgy-upgraded-buy-170011330.html

Why? Because they produce a lot of natural gas and South Texas has plenty of natural gas pipeline capacity to the Gulf Coast LNG export facilities.

My valuation of $25/share will be increasing due to higher realized NGas prices.
Dan Steffens
Energy Prospectus Group
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