A major portion of WHZ's revenue is natural gas, a good sign for 2nd Qtr earnings!
You'd be right if you call 10% major. Whz is mostly oil as I recall. That's why I own it.
Sentiment: Strong Buy
Revenue is mostly oil mainly because NG prices have been so low.
In terms of production quantity though NG makes up about 40%.
So rising NG pricxes can make a difference.
Yes, using the revenue stream, NG represent 10% of the earning. It would be nice if the NG had a NGL component. the report does not say. This time of year the NG goes to storage for next winter.