This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

9 Marcellus Shale Stocks With Top Buy Ratings

4. Gastar Exploration (GST) is an independent U.S.-based company engaged in the exploration, development and production of natural gas and oil. The company is pursuing natural gas exploration in the deep Bossier gas well in the Hilltop area in East Texas and the Marcellus Shale in West Virginia and central and southwestern Pennsylvania.

As on Dec. 31, 2010, the company's total proved reserves stood at 49.9 billion cubic feet (Bcf) of natural gas and 61,300 barrels of oil, or 50.3 (Bcfe), of which 83% were proved developed reserves. Compared to December 2009, total proved reserves amounted to 48.5 Bcf of natural gas and 66,700 barrels of oil, or 49 Bcfe.

In December 2010, the company acquired 61,800 net acres of leasehold in the Marcellus Shale concentrated in Preston, Tucker and Pendleton Counties of West Virginia for $28.9 million. The region accounts for five conventional wells producing around 500 million cubic feet per day of natural gas and the company plans to drill one of the Marcellus wells on this acreage during 2011. As on Dec. 31, 2010, Gastar's proved reserves in the Marcellus Shale region is approximately 2.8 Bcfe, representing 6% of company's total proved reserves.

Analysts expect the stock to deliver an upside of 26% with a buy rating of 80%. The stock is trading at 13 times its estimated 2012 earnings.

7 of 10

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs