Zman’s Energy Brain ~ oil, gas, stocks, etc…

Archive for April 3rd, 2008


03
Apr

Thursday Night Gas Review + NG Supply Update Slideshow

 
Commodity Watch:
Natural Gas closed down $0.445 at $9.387 after the EIA reported a withdrawal from gas storage of 29 Bcf. The withdrawal was essentially in line with Street consensus of 32 Bcf and is likely to be the last withdrawal of the season as heating degree days are set to tumble this week. I continue [...]


03
Apr

PQ Still Hitting On All Cylinders, Still Too Cheap

PQ - Petroquest Operations Update. ($17.95) I've been away from the name for a couple of months and kicking myself ever since.  The press release last night contained five pertinent data points, and I may enter Calls for a trade and for 1Q earnings if it gets driven down by the last one:

Nice production rates [...]

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