Why These Natural Gas Stocks Can't Win
In the U.S., natural gas is booming! Thanks to advancements in fracking and horizontal drilling, the U.S. is the world's leading producer of natural gas. It's a great time to be in the industry.
In the U.S., natural gas is going bust! Stocks in the sector are way down. Natural gas prices have fallen so far that in at least one recent case, next-day prices actually turned negative. It's the worst possible time to be in the industry.
Yes, despite the impressive performance of U.S. natural gas production as a whole, individual producers like Apache (NYSE: APA), Antero Resources (NYSE: AR), and Chesapeake Energy (NYSE: CHK) are suffering. There's a simple reason why -- and there's no easy way out.
Source Fool.com
