MR - Montage Resources - An 'Oily' Natural Gas Player That's Still Inexpensive Despite The 4Q19 Run

This is a Z4 Research mid quarter update.

We cover MR more than quarterly on our site (Zman's Energy Brain ~ oil, gas, stocks, etc...) and most recently for Seeking Alpha here with the 2Q19 results.

MR through the first nine months of 2019 fell more sharply than the gassy group which was down 33% on average for the period (helped by CRK name specific pop and by stalwarts like Cabot who managed to "only" fall 21% in the nine months - tripped up by an unforeseen reaction to their not-surprising-to-us telegraphing

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