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EQT Corporation Message Board

  • mrs.wardcleaver mrs.wardcleaver Apr 11, 2012 4:08 PM Flag

    EQT will tank as Nat gas heads to $1

    Nat. gas drillers did themselves in as they over drilled and created too huge of a supply. Regardless of warm Winter, too many gas drillers converged at once on the shale reserves and were bound to create over supply. EQT now spins off another company in an IPO measure soley for the purpose of gathering cash - because they will be in a cash crunch very soon. They will be unprofitable this year. Sell this stock. Look at coal - this is where nat gas companies are headed.

 
EQT
84.42-0.52(-0.61%)10:26 AMEDT