Where are shares of the liquefied natural gas exporter headed?
EQT's stock charts are not looking positive right now.
Natural gas, specifically, has been a trader's market, not a place for long-term investments.
The technical action of the oil-and-gas company's shares isn't favorable as it points to further declines in its stock price.
This year we are seeing natural gas prices slump despite seasonal support.
Anadarko is surging as its planned, $33 billion acquisition by Chevron recognizes its underlying value.
Traders might be late to the party, but a pullback from recent highs could offer a secondary entry point in the LNG name.
The apple of my eye is still the 10% Series A Cumulative Preferred Stock issued by Callon Petroleum.
BP is separating itself among the supermajors
With a boost from the fundamentals, the oil giant's shares could push upward and challenge the late September-early October highs in the $46-$47 area.