Natural Gas

« Back to Previous Page
▲
0
▼
♥ 0

PEY.TO is one of lowest cost of rare pure natural gas producers. I’m a long time share holder of the company and added more in the almost lowest price in 2020 and sold half of my shares after 10 times of the buying price. I love the monthly report from its previous CEO. I’m trying prevent myself from falling in love with it, and there’s a new CEO now. Could you please provide your opinion on the trend of natural gas? Is it time to move away from it now?

Thank you,

Marked as spam
Asked on January 2, 2023 8:16 pm
0 views
▲
0
▼
✔
Private answer

Hey there,

I wouldn't consider myself a natural gas expert by any stretch of the means. From what I've seen so far, there are both bullish and bearish short-to-mid term views on Natural Gas, so where it goes from here is difficult to judge. Recent news indicated that warmer winter weather will lead to a dip in prices, yet at the same time the most recent inventories print pointed to lower than anticipated build.

What I will say is this - when looking at commodity producers (whether that be Oil & gas, gold, silver, etc), I am always of the opinion that low-cost producers make for the best investments. Why? Because they are better positioned to handle a weaker market and benefit greatly when prices rise. With that in mind, I think PEY.TO is an excellent option for exposure to Natural Gas. I'd also consider Tourmaline (TOU) which I consider to be one of the best in class options in the space.

Mat

Marked as spam
Posted by Mathieu Litalien
Answered on January 4, 2023 7:44 am
« Back to Previous Page