Nat gas

[chinaman711]

With nat gas moving up keep an eye on NGAS as it usually runs into the fall.

[chinaman711]

Oil up .41 nat gas up .61 could be a great day for the oil and gas stocks. NGAS is 1 to watch imo also SRGG DWOG. If nat gas continues higher look for NGAS to make a run to 10 imo. Good luck

[optimus25]

CHK & little known BDE doing well as Natural Gas prices rise.

[Bman409]

With nat gas moving up keep an eye on NGAS as it usually runs into the fall.


Gas stocks on fire today.. i've got a long in KWK


CXG is a STRONG buy here

[chinaman711]

NGAS looking good i added and bought some calls as ng looks to go higher due to this hot hot weather across the country. HES just hit a new day higher and lloks good too cvx look for it to go green today and start a move higher imo. SU looking good cwpc too

[BuyOnDips]

Go Grey Wolf!

[chinaman711]

HES hit 53 sweet and NGAS 8.95 not bad now i need cvx to get going again. SU running into earnings.

[BuyOnDips]

GW beat earnings tonight. They had record results. Hopefully it can break and stay above $8.00 in the next few days.

http://biz.yahoo.com/prnews/060731/dam039.html?.v=74

[madcowdisease]

If natural gas stays higher like this going in to the fall look to short Dow Chemical [DOW] and Multi Color Corp [LABL].

[chinaman711]

NGAS resistance is 9.45 and if nat gas continues higher it could go right thru that. I had this stock last year when it ran from 8 to 16 but i don't think it will do it again unless nat gas takes off. They report aug 16th and i would not want to be holding this 1 thru earnings as they have a history of missing the est. With the low price of nat gas in the 2nd qtr my guess is they will miss the est. again. If ngas has a nice run it could be a nice short for earnings. Keep your eye on nat gas a few more days like yesterday and NGAS could see 12 imo. Good luck

[Bman409]

NGAS resistance is 9.45 and if nat gas continues higher it could go right thru that. I had this stock last year when it ran from 8 to 16 but i don't think it will do it again unless nat gas takes off. They report aug 16th and i would not want to be holding this 1 thru earnings as they have a history of missing the est. With the low price of nat gas in the 2nd qtr my guess is they will miss the est. again. If ngas has a nice run it could be a nice short for earnings. Keep your eye on nat gas a few more days like yesterday and NGAS could see 12 imo. Good luck



Hurricanes my friend.. HURRICANES ;)

[BuyOnDips]

Saw this link on Yahoo boards. Tropical Storm Chris is on the way.

http://www.hwn.org/atlantic/nhcww3.html

[chinaman711]

Sould be a great day for the nat gas stocks as ng goes higher. NGAS 9.48 in pre market looks like resistance of 9.45 is going.

[chinaman711]

NGAS 9.59 and could take out the 200 day moving average. If so look for a run to 12 imo and if nat gas runs like it did last year look for NGAS to see 16 again and then higher imo. Good luck

[chinaman711]

NGAS hit 9.75 hod looks like it is going to run imo. If nat gas goes up tomorrow like it did today this baby could finish the week at 12. Good luck

[chinaman711]

Looks like they are trying to hold ngas at 9.75 lots of sellers. If ngas gets thru this its going higher imo. Good luck

[coolio]

One of the mad money guys recommended the following on July 15.

CHK THX APA ECA

They've already had some decent runups.

Their reasoning was that because of the "natural" convergence btw nat. gas and oil that was widely divergent at the time.

[Bman409]

Buy the natural gas stocks here on any weakness..

KWK at $35.35

NGAS at $8.60


the BTUs that these guys control are undervalued

[BuyOnDips]

One hedge fund crashed and burned betting against natural gas.

http://www.marketwatch.com/news/story/story.aspx?guid=%7BF9FF02A2-0CFD-4737-9526-C30138F8F75F%7D

http://www.theepochtimes.com/news/6-8-4/44609.html

[Bman409]

CHK is great here as well

I added CHK, NGAS and KWK to my Trading simulator portfolio as well

Bought calls on KWK in real life

[optimus25]

I like CHK but also found PTEN.

[chinaman711]

NGAS Resources, Inc. to Conduct a Webcast of Its Second Quarter 2006 Financial Results
Wednesday August 2, 9:33 am ET


LEXINGTON, Ky.--(BUSINESS WIRE)--Aug. 2, 2006--NGAS Resources, Inc. (Nasdaq: NGAS - News), today announced that it will be releasing its second quarter 2006 financial results after the market close on Tuesday, August 8, 2006. The full text of the release will also be available on the company's website at www.ngas.com. Management will host a conference call on the same day at 4:30 p.m. (Eastern).

The conference call will be webcast and can be accessed from the Company's website at www.ngas.com as well as from http://viavid.net/dce.aspx?sid=000033E1. For those who are unable to listen to the webcast live, an indexed recording of the call will be posted on the Company's website following the call's completion.

To listen to a replay of the conference call, dial toll-free 800-642-1687 or 706-645-9291 for international callers and enter passcode 3853843. The replay will be available beginning approximately one hour following the conclusion of the call on Tuesday, August 8, 2006 and will last through midnight Tuesday, August 15, 2006.

[chinaman711]

NGAS having a good day going into tonights earnings report.

[chinaman711]

NGAS beats by .02 nice earnings report-----------------------------

Press Release Source: NGAS Resources, Inc.


NGAS Reports Record Second Quarter 2006 Production up 67%
Tuesday August 8, 4:05 pm ET
Gas Transmission and Compression Revenue Increases 376%
EPS of $0.03 As Compared to ($0.03) in 2Q 2005


LEXINGTON, Ky.--(BUSINESS WIRE)--Aug. 8, 2006--NGAS Resources, Inc. (Nasdaq: NGAS - News) today reported total revenue of $18.3 million in the second quarter 2006, a 60 percent increase over the comparable quarter last year. The growth in total revenue was driven by a strong performance across all businesses, notably a 376 percent increase in gas transmission and compression revenue and a 69 percent increase in oil and gas revenue. Oil and gas revenue grew from higher production volumes, while gas transmission revenue benefited from the acquisition of the Stone Mountain gathering system from Duke Energy Gas Services, LLC in March 2006.
Net income in second quarter 2006 was $722,953 versus a loss of $535,652 in second quarter 2005. Earnings per fully diluted share were $0.03 for the second quarter of 2006 compared to ($0.03) in the second quarter of 2005. Weighted average fully diluted shares outstanding for the second quarter 2006 were 22,919,707 compared to 16,005,158 in the second quarter of 2005.

[chinaman711]

Key Gas Pipeline Blown Up in Southwestern Pakistan
By VOA News
08 August 2006



Pakistani authorities say suspected tribal militants have blown up a key gas pipeline in the restive southwestern Baluchistan province.

Local police say the pre-dawn attack occurred near the major gas field at Sui town, which feeds gas to the southern port city of Karachi. No injuries were reported.

No one has claimed responsibility for the incident. Similar attacks in the past have been blamed on Baluch tribal militants who have repeatedly attacked energy facilities and security forces in the province. The militants have been trying to get a greater share of lease money generated by the region's natural resources.

Pakistan has deployed thousands of para-military troops in the region to crush the low-level insurgency.

[chinaman711]

Nat gas up .14 this morning NGAS needs to get thru 9.75 and after yesterdays earnings report should not be a problem. Just need nat gas to go a little higher. Good luck

[chinaman711]

Bullish numbers for nat gas could be problems this winter if this continues. Look for NGAS to rally on this report imo