*CONSOL Energy*
This company has almost been cut in half from highs printed last summer.CONSOL Energy Inc. (NYSE
The analysts point out that company management noted that operations in the Marcellus continue to become more efficient as CONSOL drills longer laterals, utilizes more stages and uses more proppant. The efficiency may be helping to drive earnings that have seen a nice streak of beating estimates over the past half year. In fact, in those reports, CONSOL has beaten estimates by at least 25% in both cases.
CONSOL investors are paid a 0.9% dividend. The price target
*EQT Corp.*
EQT Corp. (NYSE
The company continues to be well liked across Wall Street as one of the top plays for the Marcellus shale.
EQT investors are paid a tiny 0.2% dividend
*Range Resources*
This company is another top stock to buy for possible gains in natural gas this summer and for the rest of the year. Range Resources Corp. (NYSE: RRC) holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Southwestern regions of the United States.The company owns 7,582 net producing wells and approximately 1.4 million net acres under lease in the Appalachian region, as well as 653 net producing wells and approximately 383,000 net acres under lease in the Midcontinent region.
The analyst report that the company will be sending more gas to the Midwest and Ontario as it likes the large, in place pipeline system, significant storage and additional coal to gas displacement opportunities. The company continues to pursue an organic growth strategy targeting high-return, low-cost projects within its large inventory of low-risk development drilling opportunities. Shares have been walloped to the tune of almost 45% over the past year.
Range Resources investors
With natural gas being increasingly relied on by the largest utilities, year-round demand is strengthened through the non-winter months. With the price finally firming, this may be a good time for investors to consider these top stocks to buy.
Disclaimer/Confidentiality Notice. :Pinnacle Research Corp is a subscription based service and does not provide investment counseling, or act as an investment advisor. The employees of Pinnacle Research Corp are not registered investor advisors and as such, the recommendations covered in Pinnacle Research Corp Research Reports are opinions and personal beliefs of the analysts that are writing such reports.