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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Delta Petroleum Corp. (MM) | NASDAQ:DPTR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.1611 | 0 | 01:00:00 |
www.bedfordreport.com/DPTR
www.bedfordreport.com/CHK
Representative Maurice D. Hinchey, Democrat of New York, says he urges to SEC to "quickly investigate whether (natural gas) investors have been intentionally misled." Natural gas is considered expensive to drill and most energy companies are required to sign leases that require that they keep producing, leading to questions about the financial risks surrounding natural gas drilling.
There are also questions regarding the environmental risks surrounding a technique known as hydraulic fracturing used to release gas trapped underground in shale formations.
The Bedford Report releases equity research on the natural gas sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.
While a small group of Federal lawmakers have questioned natural gas' long term profitability, most argue the US needs to continue to promote natural gas development. Recently a bipartisan group of eight federal lawmakers from gas-producing states sent a letter to President Obama asking him to promote natural gas development "by any means necessary... most specifically, by unconventional shale gas recovery." Obama himself has said natural gas has "enormous" potential as a clean energy alternative to oil.
Natural gas companies strongly oppose the calls for investigation. Aubrey McClendon, CEO of Chesapeake Energy Corp., believes the future of natural gas is bright, arguing that "it is absurd to conclude that shale gas wells are underperforming while America is awash in natural gas."
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer
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1 Year Delta Petroleum Chart |
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