Got Gas???

With all the talk of drilling off the US coast and the need for utilizing Natural Gas for future clean burning fuel sources I had to start looking at Gas and Oil companies...

I currenlty hold Jan 11 Calls in XOM so finding an ETF with XOM was in my search criteria

Oil & Gas Exploration & Production ETF (XOP) top holdings:

Exxon Mobil (NYSE: XOM)
Chevron (NYSE: CVX)
Conocophillips (NYSE: COP)
Occidental (NYSE: OXY)
Devon Energy (NYSE: DVN)

 

For Natural Gas ETF's I'm looking into:


United States Natural Gas Fund (UNG)
First Trust ISE-Revere Natural Gas Index Fund (FCG)

I am zeroing in on UNG since NG is at its low around $3 down from the $7 range and UNG is at its 52-week low area while FCG is at its high. UNG is meant to replicate the performance of nat gas through futures and other instruments not necessarily stocks, so obviusly this should be near its low, a good diversified way to play the future surge in NG price, although it might take time...  FCG is in exploration and production stocks....

Happy Trading...