Morgan Stanley finds some light through the gloom for gas, coal stocks

摘要

Morgan Stanley & Co. LLC analysts painted a pessimistic picturernfor natural gas prices and U.S. coal production through 2016 but alsornfound upside for the share prices of several gas and coal producers.rnIn an Oct. 6 report, analysts led by Stephen Byrd expressedrnincreasing concern that the North American gas oversupply willrnbleed into 2016, citing high storage inventories and “stubbornly highrnproduction” that have persisted throughout 2015.