Re: Question on NG and/or NG.....?
Ken, I DO NOT know the answer to you question however Eric Bolling, initially of CNBC "Fast Money" fame who's now with FOX Business is/was a huge NG investor and would occassionaly comment that he's spent the better part of a career trying to figure it out...There's no doubt about a shoulder season however that might be changing...The US Govt recently gave (or is about to approve) Cheniere (symbol LNG) the go ahead to start shipments to China I believe, and of course we know Russia is trying to put a further stranglehold on their pipeline (or so we've read, take it with a grain of salt), we also read that LNG/NG usage is on the rise worldwide and that energy demands are continuing to grow...JF's venture is pretty specialized and there doesn't seem to be "everybody and their brother" doing it i.e. Dry Bulk, Shallow Water Drilling, and Platform Servicing to name just a few...
I've got a few companies that are heavy into NG and they continue to pay a steady dividend however the pps has come down a bit as prices fell into the $3's...Now that its up over $4 we've seen pps's jump a bit...Bolling's the smartest guy in the room and I'm sure he's not going to lay his cards on the table on national tv and reveal his secrets but the bottom line its a commodity, and that's volitility as you well know, not easy to figure...glta and happy divs!