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.
GST
Re: GST
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.
Gastar is having success in Oklahoma and higher gas prices will give their revenues a nice boost.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: GST
"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.
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
Energy Prospectus Group