The ongoing dilemma for energy investors is the ever increasing supply of oil. Whether it is continued OPEC output, shale producers keeping output up or the possibility of the return to Iranian oil to the markets, there seems like there is more supply than demand to consume it all. In a new report from Jefferies, one analyst says look to the natural gas stocks.
Read more: Jefferies Top Natural Gas Stock Picks: EQT (NYSE: EQT), Range Resources (NYSE: RRC), Southwestern Energy (NYSE: SWN) - 24/7 Wall St. http://247wallst.com/energy-business/20 ... z3fmzA2S5q
I now believe we will see the price of natural gas move over $4.00/mcf within six months.
We are going to publish a profile on SWN this week and I have added EQT to my very long "To Do List".