Wednesday, August 18, 2010

New Software Tracking Shale Gas Stocks


/PRNewswire via COMTEX/ -- Tickerspy (http://www.tickerspy.com), an investing website featuring over 250 unique, proprietary Indexes, announced the creation of the Shale Gas Stocks Index, which includes among its components Chesapeake Energy (CHK 21.24-0.08-0.36%), Enerplus Resources Fund (ERF 23.00+0.35+1.55%), Devon Energy(DVN 63.97+0.17+0.26%), Oilsands Quest(BQI 0.59+0.08+14.79%), Petrohawk Energy (HK 16.14+0.17+1.06%), Consol Energy(CNX 36.49+0.18+0.50%), Southwestern Energy (SWN 35.10+0.14+0.40%), and many other companies focused on the extraction of oil and gas from shale formations.
The Oil Shale Stocks Index is up 0.6% over the last month as elevated energy prices make unconventional resources more economically viable. As energy prices remain high and traditional sources of energy are depleted, alternative energy sources will remain in focus. The Index lags the S&P 500 by 10% since the start of 2008. To gain immediate access to the Shale Gas Stocks Index, a complete list of its components, and various charts and related metrics, visit the following link:
Tickerspy Indexes use a "net asset value" calculation and cover a wide range of market sectors and segments, including dry bulk shipping stocks, Canadian energy trusts, gold and silver stocks, uranium stocks, money center banks, and many more. Tickerspy also offers various energy sector Indexes, including for oil and gas driller and explorer stocks, natural gas stocks, big oil and gas stocks, pipeline stocks and propane stocks, MLPs, and others.
About Tickerspy:
Tickerspy is a free, stock market-focused website that lets users track proprietary Indexes and institutional holdings. Tickerspy members can also track each other's portfolios and share investment ideas and news. In addition, Tickerspy members receive a free, customized daily email that includes portfolio performance, alerts, and news on the stocks they are tracking.
NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
CONTACT: Marcia Martin, tickerspy, +1-888-278-5515
SOURCE Indie Research Advisors, LLC
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