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The Best Way To Play The Natural Gas Boom

The natural gas market has undergone profound changes in the last year, with prices rising from under $2.00 to over $5.00. Inventories have been drawn down due to demand, weather events, and the export of LNG to Europe and Asia. In the U.S., gas storage is about 30% below year-ago levels, and about the same in European storage caverns. Consumers are just now starting to feel the effects of this change in their monthly energy bills. Most pundits now say that it is up to the winter weather if we are to see curtailments. A cold winter in Europe or the U.S. could generate discomfort in the homes of millions, and cause the shutdown of energy-intensive industries.

There is an old saying that “one man’s poison is another man’s meat.” In the case of the two Canadian gas drillers we are going to discuss today, this scarcity could lead to outsized gains in their share prices as they capitalize on the need for this currently scarce commodity. Tourmaline Oil Corp, (OTCPK: TRMLF) and ARC Resources, (OTCPK: AETUF) are two of Canada’s leading gas drillers and are the subject of this month’s comparison article.

Both of these key Canadian gas drillers hold key acreage and infrastructure positions in the “Permian” of Alberta and British Columbia Province’s, the Montney basin. It has some similarities to its more famous play in West Texas. The size is comparable and the nature of sedimentary accumulation is somewhat similar, yielding…

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