Tuesday, May 4, 2010

The Best Natural Gas Stock

Oil has been a far more consistent performer in the energy sector than natural gas. While crude oil has more than doubled off its post-credit- crisis lows, natural gas prices remain depressed. Despite their recovery off ultra-low levels last summer, natural gas prices are still more than 70% below their record highs. The company I'm talking about is Canada's EnCana Corporation (NYSE:ECA). Another bullish indicator is Exxon-Mobil's (NYSE:XOM) recent takeover of natural gas producer, XTO Energy (NYSE:XTO) for $41 billion dollars (http://dailyreckoning.com/the-best-natural-gas-stock/)

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