Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

RSS FEED

» Help

Current DateTime: 06:47:58 23 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

Text Size
May.13
12:31 PM ET
Tuesday, 13 May 2008
NatGas: A 'Natural' For Your Portfolio

Five-star fund manager Kent Croft says investors can pump some profits into their portfolio through the power of natural gas.  His Croft Value Fund is up an average of 16.97 percent over the last three years.

"Natural gas still sells at a very significant discount to oil," he told CNBC.

"We think there will be some narrowing of that; also, there's a lot of new gas-fired generation capacity that's going to be coming on, and, frankly, we've been spinning our wheels as far as production goes over the last 15 years."

Recommendations:

His first pick is Southwestern Energy [SWN  Loading...      ()   ].

"They're in the Fayetteville shale play, which is one of the largest, most prolific gas plays in the country," he said.  "They're the largest operator there, and they're low-cost...increasing production, and long-lived reserves, so we think they have a way to go."

Croft also likes Williams Companies [WMB  Loading...      ()   ].

"Williams Companies is actually a little more diversified, a little less risk, because they have a vast amount of pipelines in the country," he said.  "They also have, in a very prolific area of the Rockies, increasing production."

Disclosures:

Croft owns both Southwestern Energy and Williams Companies through his fund.

Disclaimer

© 2009 CNBC.com

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 06:27:24 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 06:27:24 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 06:27:26 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 06:27:27 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters