It seems that the fundamentals for PETD are even better than most nat gas stocks. PETD has 88% nat gas and with it going up doesn't seem like the nat gas stocks can lose right now. I wonder if PETD can make the $31.00 book value that it sports? Also has almost 1/2 stock price in cash and cash flow about equal to share price. Seems like it is heading there but it surprises me that all of the other nat gas plays are selling for twice (or more) of book value.

I'll probably stick to PETD because it just had a drop on a share issuance that didn't hurt anything but the stock price. Baby got tossed out with the bathwater. Seems like a few people got scared out of it for a couple of days and freed up some shares. Now it's on the way to book I hope, actually a little over $31.00. The high was about $70.00 and it seems like a pure value play to me with it closing at $18.43 today. Maybe Warren should be told about this one.