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Don't Forget the Nat Gas Angle in APC

By Jim Cramer

About this article:
Anadarko's an oil company! Ha! Yesterday when Anadarko -- by far one of my favorite names in the natural gas sector, and one I have been behind ever since its $45 secondary -- reported a spectacular oil discovery off Sierra Leone, the company basically positioned itself as a straight-out oil company. The Sierra Leone find is a big one, one that many of us thought was a big one, so I was surprised that it was a surprise! I also know that when you announce these fields you get about a two-year lag before they matter, which is what happened to Devon when it hit a big payday in the Gulf of Mexico a couple of years back. I am a big bull on natural gas despite the president's emphasis of renewables, including ethanol and coal, over this cleaner, more abundant fuel that could cut the...

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