Low-Cost Nat Gas Producer
In the "Executive Decision" segment, Cramer spoke with Steven Mueller, president and CEO of Southwestern Energy (SWN), another Action Alerts PLUS name and a stock which Cramer recently recommended after the company was one of the worst performing stocks in the S&P 500 last year.
Mueller said that Southwestern is one of the lowest cost producers of natural gas in the U.S., which means that his company is able to make a lot of money even with natural gas prices at record lows. He said Southwestern is delivering record production, record cash flow and building record reserves, adding the company is just waiting for Wall Street to recognize them.
Ultimately, Mueller said the low price of natural gas is a good thing for the U.S., as it spurs more interest in the fuel. He said that the Obama administration is talking more and more about natural gas, and individual states are also considering gas as a viable long term alternative to coal and nuclear facilities.Mueller said he's excited about Southwestern's game plan and prospect for the future. He said the company has a strong balance sheet to execute its plans, but he's also not opposed to considering a takeover or merger with another company if it's in the best interest of Southwestern shareholders. Cramer said he continues to be a believer in Southwestern and thinks the time to pull the trigger, is now.