why is it unloved, page-5

I looked up the latest status of the pipeline: completion still due feb 2008, so the price equalisation should start in early 2008.

http://www.kindermorgan.com/business/gas_pipelines/rockies_express/

http://www.kindermorgan.com/business/gas_pipelines/rockies_express/RE_Status_Notice_12142007.pdf

I also got the latest gas prices : significant benefit there too:
http://www.westernenergy.org/news/Oct_07_files/Western_Gas_Market.html

Western Gas Market Review for October 2007

Western Natural Gas Prices

Canadian Gas at Kingsgate, ID

The September 2007 average daily price of Canadian gas at Kingsgate, ID was $5.31/mmBtu. This was 16 percent higher than the September 2006 average but 44 percent lower than the September 2005 average.



Rocky Mountain Gas at Opal, WY

The September 2007 average daily price of Rocky Mountain Gas at Opal, WY was $1.15/mmBtu. This was 68 percent lower than the September 2006 average and 88 percent lower than the September 2005 average.


Southwestern Gas at the Southern California Border

The September 2007 average daily price of Southwestern gas at the Southern California Border was $5.57/mmBtu. This was 16 percent higher than the September 2006 average but 42 percent lower than the September 2005 average.


To me, SSN should start feeling the benefits of the gas pipeline early 2008 - perfectly timed with the ADR listing in USA.

USA is also having a colder than normal winter...

Brokers are generally helpful, but they won't help with SSN, the volume of this stock is too small.