Sunday, October 20, 2013

1 Stock to Gain From the Niobrara Beast


Nearly two years after being spun off from Williams Companies (NYSE: WMB  ) , WPX Energy (NYSE: WPX  ) is finally seeing decent stock gains. The large natural gas producer has been pushing toward drilling for oil, but ironically a massive natural gas find places this stock on a path to huge reserve growth.

Compared to other natural gas producers such as Range Resources (NYSE: RRC  ) and Southwestern Energy (NYSE: SWN  ) , the stock trades at sub-par multiples. Due to the massive well in the Niobrara shale called the 'beast,' it could finally be back on a growth trajectory.

Read the full article here.


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