energy stocks on fire last week, we are modestly up. The only thing i notice is trading volumn is up. The only energy stock that has not participated in rally!
Coal stocks more than doubled in the last month. Natural has stocks still near 52 weeks lows. LNG exports going online in a literal few weeks. Natural Gas consumption continuing to rise!
Why not a big rally like coal?
seems like downside risk is limited. This has a good balance sheet relative to most energy stock. Not sure why it didnt get a better pop over last week when oil went up 30 percent last week.
Both are down on price. A lot of good things happening for oil in the stort term, not so much for oil. Oil goes down on price and natural gas goes up. What happens, we follow oil.
When will the two commodities go there own way. Both the prices are way down and tracking both are pretty close in correlation.
Oil is not growing in demand at all and its future looks bleak especially when you factor in Iran.
Natural gas demand is exploding, new infrastructure projects being built all around the country, coal going bankrupted, and exports starting by EOY.
Sooner or later this is going to get more more. I think like 3 coal companies announced they are going in bankrupcy in the last month, and Exports start in December.
of HA to ALGT, UAL, AAL, DAL, ALK
ALGT is 25% higher, AAL is 10% higher and rest are somewhere in between
HA: Has a LF warning that may cause 1 or 2 cents in earnigs rest of year
UAL DAL and AAL are facing DOJ antitrust lawsuits, foreging headwinds and other issues
ALK is facing increased compeition from DAL in its Seatle Airport
ALGT what can you say, overpriced peice of #$%$
Why are we so much the laggerd, are problems don't seem to match.