The Autopsy: Three Gas Producers, One Table
One discovered the basin. One rose from the most infamous corpse in shale. One is older than the light bulb. Only one is the best bet in the gas market.
"Commodity businesses have risk unless you're the low-cost producer."
– Warren Buffett
In part one I showed you the thesis. A modeled gas shortage arriving 2028, roughly 70 percent odds of a serious squeeze, and a game you can win on both sides of the coin.
Three companies passed my screen. Lowest costs. Cash returned to shareholders. Open exposure to 2028.
Today they lie on the table.
Gloves on.
