XTO Energy, Inc. (XTO)
The Company is engaged in the acquisition, development, exploitation and exploration of producing oil and gas properties and in the production, processing, marketing and transportation of oil and natural gas.
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I'm a former Oil & Gas exec. There is a very good chance NG prices will crater in the near term.
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below 12 Month MA
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Short term bounce today will provide Longs an exit; overhead moving averages provide resistance in the $55 region. Additionally, near term options show peak calls @ the 50 strike, with a floor provided @ 45 via put interest.
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Because it is time
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I current price very high for such a stock. I was sure my calculations are all wrong as I rate this stock about 35$ and it is trader above 60$. I went through my numbers again. Nope it is not a mistake. I might be missing something but I see no reason for 17.2 PE.
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Still shorting the energy patch. Wrong and stubborn so far on that latter bet (though the last few days have been an eensy consolation prize). Still, current prices and spreads strike me as unsustainable in a slowing-growth economy.
Reload. Viz rant at http://caps.fool.com/Blogs/ViewPost.aspx?bpid=4381&t=01001607032191429882
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Another Jim Cramer hyped stock.
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I like other oil plays better such as Exxon and Schlumberger.
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AS NEED FOR NEW FUEL WILL ENHANCE THIS STOCK
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From personal experience I don't think they are going to get a good R.O.E.


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