NEW YORK ( TheStreet) - The recent high oil prices and drilling technology upgrades have made Marcellus Shale, the largest natural gas shale play in the U.S., economically viable. Professor Engelder of Pennsylvania State University estimates recoverable natural gas reserves in this shale play at around 489 trillion cubic feet (Tcf) with an economic value of around $2 trillion.Chesapeake Energy (CHK - Get Report), Penn Virginia (PVA - Get Report), Carrizo Oil & Gas (CRZo), Consol Energy (CNX - Get Report), Rex Energy (REXX - Get Report), Gastar Exploration (GST - Get Report) and Magnum Hunter Resources (MHR - Get Report) are seven Marcellus stocks with potential to deliver attractive returns over the next one year.
7 Marcellus Shale Plays to Watch
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.