Crosstex Energy, Inc. (NASDAQ:XTXI)
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The Company, through its subsidiaries, is engaged in the gathering, transmission, treating, processing and marketing of natural gas and NGLs.
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The Company, through its subsidiaries, is engaged in the gathering, transmission, treating, processing and marketing of natural gas and NGLs.
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I am a strong believer in natural gas rising in the next several months. With oil around $82 a barrel, natural gas has ground to make up. When demand hits its peak during the cold winter months, that's when these stocks that are heavily positioned in natural gas, will make a move. I like Chesapeake Energy as a safer play and see it going up around $33, while Crosstex is the more risky play, but offers the greatest upside potential.