What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Isramco, Inc. (ISRL) - Quote Info
NY Times - Gas Glut     21-Aug-09 10:46 pm    
This stock is full of gas- literally and metaphorically.


http://www.nytimes.com/2009/08/21/busine...



'HOUSTON — Natural gas prices plunged on Thursday to levels last reached in 2002 after an Energy Department report showed that the amount of gas in storage had hit a record high for this time of year . . .

Gas demand is so weak and supply so abundant that some experts think the country could run out of storage capacity before the winter heating season begins, requiring gas companies to reduce flow from their wells or even shut down production.'


*************

And then this from ISRL latest 10-Q -


'If oil and natural gas prices remain at their current levels for a prolonged period of time or if natural gas prices continue to decline, our ability to fund our capital expenditures, reduce debt, meet our financial obligations and become profitable may be materially impacted.'


It will be interesting to see how long they can keep the shares inflated.
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

yogalad_ret...

Online Now


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
NY Times - Gas Glut
yogalad_ret...
Online Now
Not rated 21-Aug-09 10:46 pm  
 
Awash in natural gas, prices hit new 7-year lows ...
yogalad_ret...
Online Now
Rate it 28-Aug-09 04:19 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Isramco Inc. (ISRL)

Chart for Isramco Inc. (ISRL)
At 9:30AM ET: 72.10 Down 2.03 (2.74%)
Symbol Lookup