Southwestern Energy Company (SWN)

[ogbull]

SWN broke from natgas and crude. Looks like some institutions and/or mutual funds are moving in at these super low prices. After all, SWN is a strong buy and hold simply because it controls 750 thousand acres of the best gas deposits in the United States. The area (Marcellus) is expected to produce many trillions of cubic meters of dry gas into the year 2040. This is a God-awesome asset when natgas gets back to $3. You can talk all you want to about too much debt, low production, low prices, a halt in drilling, and every damned negative you can thing up. None of this scary BS matters a dilly-damned when compared to the future of the Marcellus acreage. It's hard to imagine 750,000 acres of the best gas country in the US. There is just no way this company will ever fold up its tent. The only way SWN might disappear is if a major comes along and pays a ridiculous sum for the stock in a take over bid, which I expect will happen in the next few months. The Marcellus holding is just too big and promising for an Exxon-Mobil, a Shell, or other majors to turn their backs on.