mode7 (93.21)

CEP stock 20% off!

August 11, 2009 – Comments (0) | RELATED TICKERS: CEP , ENT

Well, that went well. CEP practically hemorrhaged money this past quarter and came up with a .74 cent loss per share. 

At this point though I think I may just hang on to my shares through the next few months while natural gas likely gets a price boost from winter heating costs.

Earnings for ENT are out on August 14th, so maybe it's the entire natural gas sector that's performing poorly. Enterra is about 60% natural gas and 40% oil though.