DPTRD Delta Petroleum Corp. (MM)

Natural Gas stocks are taking a beating this month as moderating weather forecasts in the US, large supplies and concerns over the economic outlook dragged down gas prices. Several natural gas explorers continue to boost production, however, as natural gas' long term outlook remains bright. The Bedford Report examines investing opportunities in natural gas and provides stock research on Delta Petroleum Corporation (NASDAQ: DPTR) (NASDAQ: DPTRD) and Chesapeake Energy Corporation (NYSE: CHK). Access to the full company reports can be found at:

www.bedfordreport.com/DPTR

www.bedfordreport.com/CHK

Concern over rising production levels continues to weigh on natural gas prices. Industry research group Baker Hughes said on Friday that the number of active rigs drilling for natural gas in the US last week rose to 883 from 877, the third gain in four weeks.

In the longer term, Pearce Hammond, director of institutional research at Simmons & Co. International, argued this summer at Platts' sixth annual Oil & Gas Shale Developer conference that US natural gas demand remains on the upswing as nuclear power and coal plants are retired and gas-fired electricity use rises over the next few years.

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.

The current economic free-fall is causing short term unrest in the natural gas market. According to naturalgas.org, the state of the US economy in general can have a considerable effect on the demand for natural gas in the short term, particularly for industrial consumers. When the economy is expanding, output from industrial sectors is generally increasing at a similar rate.

Earlier this month Chesapeake Energy gave an upbeat view for the prospects at its Utica shale formation in Ohio. Chesapeake Energy CEO Aubrey McClendon said the Utica field "should be worth $15 billion to $20 billion for Chesapeake shareholders. That's a big number to be sure, but we believe we understand the hydrocarbon potential under our acreage."

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

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: The Bedford Report Email Contact