Tom’s Blog August 25, 2020
In previous writings in early August, we noted that Natural Gas was at an interesting point to be accumulating the stocks.
This was not Rocket science as 1) we are heading into winter season and 2) many fracking companies either shut in wells or actually went out of business, due to Covid-19 and the March 2020 negative oil price.
This is a classic; limited supply and expanding demand coming out of the Covid-19 lockdown and approaching winter season.
We still like the names mentioned previously:
NOTE: Company names are linked to their technical opinion at StockTA.com
Nat Gas Industry |
8.8.20 |
Added |
TTM |
|
Symbol |
Company |
Price |
8.1.20 |
Dividend |
COG |
Cabot Oil & Gas |
$19.51 |
$18.70 |
2.05% |
EQT |
EQT Corp |
$16.38 |
$14.52 |
x |
AM* |
Anteros Midstream |
$7.28 |
$5.67 |
16.90% |
AR |
Anteros Resources |
$3.80 |
$2.96 |
x |
FRO* |
Frontline |
$8.35 |
$8.00 |
33.53% |
Featured chart: Frontline (FRO) $8.47 – ttm dividend of 33.53 – NOTE: this is a variable rate paid quarterly based on available cash flow.
LOTM’s theme here is that the Energy, especially the Oil and Gas industry is
- out of favor
- at an attractive valuation
- in the early stage of price recovery.
- AR, COG and EQT are three of the top five largest Natural Gas companies in the USA.
- FRO is the largest shipping company in the world of oil.
- We like dividends and there are some interesting dividend opportunities in this industry.
Nat Gas Prices:
A picture is worth a thousand words – or so they say.
Where Value meets Buy Signals!
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