Jim Cramer Commented on These 6 Natural Gas Players

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1. EQT Corporation (NYSE:EQT)

Number of Hedge Fund Holders: 88

Discussing the rally in natural gas stocks, Cramer started with EQT Corporation (NYSE:EQT) as he said:

“So now that we’re no longer terrified that high tariffs will throw the economy into recession, how do we play this relentless rebound in natural gas? Well, first, probably most obvious, frankly if you watch the show, I like EQT, that’s the Pittsburgh, Pennsylvania-based operation. That’s the only large-scale integrated natural gas producer in the United States so far.

This stock’s up an astounding almost 22% for the year. It’s trouncing the rest of the group. About three weeks ago, on the exact day that natural gas prices set their low for the year, we spoke to the company CEO, Toby Rice, and he explained that EQT’s secret sauce is their ability to generate consistent cash flow growth even when the commodity’s going in the wrong direction thanks to the low cost structure. Since then, this stock’s up a quick 15% as natural gas started moving in the right direction.”

EQT (NYSE:EQT) is a major natural gas producer in the United States. The company focuses on extracting and selling natural gas and natural gas liquids.

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