Crosstex Energy GP, L.P. (XTEX)

bearish on natural gas

bottom fishing screener

This stock is way to beaten down to stay there. With the recent upgrade and positve outlook this will be back in double digits by January.

Crosstex is another example of a massively oversold company with a bright future... and great returns. Just look at the historical prices, and take into account the business Crosstex is in. No brainer.

It's going to be a cold winter

oil

Natural gas is badly underpriced and may recover suddenly in anticipation of rising China and domestic stimulus demand. Now is the winter of XTEX discontent, i.e. summer.

If I say I'm an oil man than you will agree.

Get on up...You oil machine...you know what I mean.

Hurting just like most of my energy stock picks, it's the right time of year for these though.

Cheap stock... its been a LONG way down... when the economy rebounds its UP UP UP...

XTEX has a superb dividend, and is currently trading at a small fraction of its recently value.
This is a gas pipeline company, not an exploration company, so income should not be
overly affected by plummeting natural gas prices. I see no fundamental reason for the huge
drop in price. XTEX is heavily leveraged, but no more so than many other pipeline companies.

I think the current price reflects significant liquidity concerns. I think this company will have a tough quarter but will survive. When it becomes clear that they will not go under and frac spreads improve this stock will go up a lot.

I like Natural gas stocks. They are poised for a big come back under Obama. It is a cleaner source of energy then oil. There is a abundant supply of Natural Gas which makes it a good choice for power plants. I really hope the T.Boone Pickens plan of switching a portion of our Trucks/Cars to Natural Gas will take hold. If even a small portion of out vehicles switch to Nat Gas (California?) it will move the industry in a big way. I own this one long.

NRG

Figured since I like 'em so much I'd add a few more. =)

dividend

Natural gas and oil transportation; I'm still not seeing any electric cars on the road are you?

multiple bearish technical alerts 8.0 (contrary)