Haynesville Natural Gas Plays Refuse to Sell off - Goodrich Petroleum (GDP), Petrohawk Energy (HK), GMX Resources (GMXR), Comstock Resources (CRK)
Trader Mark (July 9th, 2008) Writes:
We've discussed recently the hot new place for natural gas is the potentially enormous Haynesville Shale [Jul 2: Petrohawk Energy and Chesapeake Energy Flying on Haynesville Shale News] (EDIT: Let me add 2 additional names) I've been hoping one of the 4 names closely associated with this space, either Petrohawk Energy (HK), Goodrich Petroleum (GDP), GMX Resources (GMXR), and Comstock Resources (CRK) would sell down to their 50 day moving average now that natural gas has finally been hit. But no mas as the charts below show.



Things are going so well, that Goodrich actually placed a 3M share offering at $64 today and the stock is ...



Things are going so well, that Goodrich actually placed a 3M share offering at $64 today and the stock is ...
Tags for this Post:
Capital Expenditures, Chesapeake Energy, Chesapeake Energy Corp, Chk, Common Stock, Comstock Resources, Corporate Purposes, Current Market News, Dilution, Energy Markets, Gmx Resources, Gmxr, Goodrich, Goodrich Petroleum Corp, Moving Average, Natural Gas Company, Petrohawk Energy, Public Offering, Revolving Credit Facility, Serious Strength, Shale, Stock Price, Stocks to Watch
Capital Expenditures, Chesapeake Energy, Chesapeake Energy Corp, Chk, Common Stock, Comstock Resources, Corporate Purposes, Current Market News, Dilution, Energy Markets, Gmx Resources, Gmxr, Goodrich, Goodrich Petroleum Corp, Moving Average, Natural Gas Company, Petrohawk Energy, Public Offering, Revolving Credit Facility, Serious Strength, Shale, Stock Price, Stocks to Watch


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