GST

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dan_s
Posts: 37296
Joined: Fri Apr 23, 2010 8:22 am

GST

Post by dan_s »

Gastar finished strong this week. More good results in Oklahoma and increasing gas prices.

For those of you wanting high yield, their pfd stocks looks better and better.
Dan Steffens
Energy Prospectus Group
peter
Posts: 10
Joined: Sun Sep 26, 2010 8:24 am

Re: GST

Post by peter »

Dan

What is up with GST. Big move on Big volume

Merry Christmas and
God Bless
dan_s
Posts: 37296
Joined: Fri Apr 23, 2010 8:22 am

Re: GST

Post by dan_s »

My Fair Value Estimate is $7.55 (see my forecast model under the Watch List Tab). Actually it is still trading in a nice upward channel. This move is just a rebound off the bottom of the channel.

Gastar is having success in Oklahoma and higher gas prices will give their revenues a nice boost.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37296
Joined: Fri Apr 23, 2010 8:22 am

Re: GST

Post by dan_s »

"Analysts estimate Gastar's risked NAV is over $10 per share, and that estimate hasn't yet been updated for Gastar's recent phenomenal Hunton results, which could imply an NAV closer to $15+ per share if results continue to be strong."

http://seekingalpha.com/article/1882821 ... urce=yahoo

Josh is a good analyst. I have been impressed by his Seeking Alpha articles.

I am taking a hard look at AREX as a result of reading this article. More on that one later.
Dan Steffens
Energy Prospectus Group
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