Opinions
David Taylor, MBA, CFA
HBP NYMEX Long Gas/Short Oil ETF
HNO-T
TOP PICK
Dec 06, 2010
Nymex Long Gas/Short Oil ETF. (Doesn’t own but is a recommendation.) Goes Long next months gas and Short next month’s oil. Spread between price of oil and gas has never ever been higher. Producers are very much hedged in 2010 and as hedges come off and cash flows drop, capital spending is going to drop and natural gas prices are going higher in 2011.
$8.470
Stock price when the opinion was issued
0
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