oil and gas

good mgt

Researched on my own

great potential in the gas field; largest supplier

Natural gas isn't going down, just the stocks. It is amazing how out of sync the group is vs. the commodity, and yet there hasn't been an ounce of consolidation in the group. Devon (DVN) thinks its stock is cheap, and Anadarko (APC) doesn't want to use its currency. Encana (ECA) won't do its split into two companies, and other than BP (BP), nobody seems to want Chesapeake's (CHK) assets.

As a result, more than a third of the 25 companies new to this year's list are in the energy, chemical or agricultural industries. They include EnCana (ECA), BG Group (BG.U.K.), Potash Corp. of Saskatchewan (POT) and Monsanto (MON).

undervalued oil and gas player

Because it came from nothing and went to somthing big and with the right people running it.

EnCana (ECA), among North America's largest energy producers, with a market cap of $65 billion, was also spun off from Canadian Pacific. Kaiser established his initial position at around $12; the stock recently was quoted at 89. Amana's been increasing its stake since 2004, and it now represents 1.8% of his portfolio. Frustrated by its shares' recent undervaluation, Encana's management last month announced plans to split its natural-gas production from its integrated-oil operations. The latter, which derives petroleum from Canadian tar sands, has reserves large enough to meet all of the continent's oil needs for the next four years, according to Kaiser. News of the proposed 2009 spinoff helped send EnCana's shares up $10. Kaiser sees even more upside.

old CP breakup,, nat gas

never made mney with it

PT 48

Financial statements not as stromg as most oil and gas plays