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Natural Gas Price Rallies After Chesapeake Energy Lowers Output
Wednesday, February 21, 2024 - 4:17pm | 391The price of U.S. natural gas rose more than 11% on Wednesday, taking its gains this week to nearly 13% after producer Chesapeake Energy Corp (NASDAQ:CHK) said it was lowering its output. Natural gas futures have fallen 48% from their most recent peak in early January, hitting a three-and-a-half...
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Enbridge's 'Once-In-A-Generation Opportunity' Triggers Golden Cross Ahead Of Q4 Earnings
Monday, February 5, 2024 - 12:06pm | 538As Enbridge Inc (NYSE:ENB) moves closer to reporting its fourth-quarter results Friday, its stock is signaling renewed investor confidence. While Enbridge stock is down 13% over the last year, a technical signal indicates the investor pessimism over the stock may now be fading. Enbridge is...
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Natural Gas Data Sparks Optimism For Chevron, BP, Shell And Natural Gas ETFs
Wednesday, January 17, 2024 - 12:34pm | 838The market for natural gas was choppy between 2022 and 2023. The market experienced significant turbulence caused by Russia’s invasion of Ukraine, plus potential shortages across the European Union. While geopolitics did have an impact, the demand side of the equation also appeared weak....
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Chesapeake Energy Q3 Earnings Preview: Natural Gas Potential Meets Balance Sheet Concerns
Tuesday, October 31, 2023 - 10:47am | 476Oklahoma City-based energy company, Chesapeake Energy Corp (NASDAQ:CHK), is scheduled to report its third-quarter earnings after the bell on Oct. 31. The company is primarily engaged in the exploration, development, and production of natural gas and oil. At its peak, Chesapeake Energy was one of...
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CNX Resources Reports Q3 Sales Decline, Misses Revenue Consensus
Wednesday, October 25, 2023 - 3:00pm | 344CNX Resources Corp (NYSE: CNX) reported third-quarter FY23 adjusted net sales decline of 25% year-over-year to $357 million, missing the consensus of $388.93 million. Adjusted EPS was $0.35, above the consensus of $0.32. Q3 operating margin was 27%, down from 34% in 3Q22. Cash...
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Bonds See Inflow, Construction And Natural Gas Drop - ETF Winners And Losers: Small-Cap Flows
Wednesday, October 18, 2023 - 4:19pm | 505We performed a screening of Small-cap ETFs – defined as having Assets Under Management (AUM) between $400 and $2 billion – to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners...
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Nat Gas Potential Reverse Merger / $TGLO Over 70% Of This Company Was Purchased By Delfin Midstream
Monday, September 11, 2023 - 1:14pm | 395Way back in December of 2017 Delfin Midstream made an acquisition of over 70% $TGLO (OTC: TGLO) and as you can see here. It looks like they have plans to expand. If you believe that there may be a natural gas comeback like I do, this certainly deserves to stay on watch. They are...
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Chevron's LNG Strikes Disrupt 7% Of Global Supply: 5 Stocks To Watch As Natural Gas Prices Surge
Friday, September 8, 2023 - 11:02am | 676Natural gas markets are in turmoil as strikes hit two Australian Liquefied Natural Gas (LNG) export facilities. Chevron Corp. (NYSE:CVX)’s inability to secure agreements with unions has unleashed a series of disruptions across key facilities, including the Gorgon and Wheatstone plants and...
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Natural Gas Rockets to 6-Month Highs: These 5 LNG Stocks Could Heat Up
Wednesday, August 9, 2023 - 4:20pm | 964U.S. natural gas prices at the Henry Hub distribution hub surged 6% on Thursday, briefly hitting the $3/MMBtu milestone. This marks a remarkable six-month high and extends a five-day streak of upward movement. The recent surge can be partly attributed to the expectation of elevated electricity...
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Traders Keep Piling Into Natural Gas Futures
Tuesday, August 8, 2023 - 12:07pm | 380Energy has been a large topic in several of the recent Thrasher Analytics letters, both from a sector and commodity standpoint. One of the energy-related charts shared in Sunday’s letter to subscribers looked at the Commitment of Traders (COT) data for Natural Gas futures. The report is...
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US Natural Gas Bounces Back On Summer Heatwave: 5 Undervalued Natural Gas Stocks To Keep On Your Radar
Monday, July 10, 2023 - 11:30am | 913Natural gas Henry Hub futures experienced a 3% increase on Monday, bouncing back from a four-day losing streak. The rise in natural gas is attributed to expectations of above-average temperatures this month, leading to increased demand for air conditioning. The National Weather Service’s...
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Traders Continue To Get Long Natural Gas
Tuesday, June 20, 2023 - 12:51pm | 395This is an update on the natural gas chart I've been talking about in several Thrasher Analytics’ letters. I initially began discussing Natural Gas COT positioning when Large Traders went short. Historically, the price of nat gas has tracked with whether Large Traders were buying or...
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Natural Gas Prices Hit 30-Month Low, But Cheniere Energy Is Trading Higher
Tuesday, March 28, 2023 - 4:51pm | 582Henry Hub natural gas prices fell 4.5% on Tuesday to $2.02/MMBtu, hitting the lowest point in more than 30 months, owing to persistently low demand due to above-than-normal winter temperatures and large inventories. Working stocks of natural gas in underground storage were 1,900 billion cubic feet...
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Smart Home Natural Gas Alarms Are Raising the Bar on Safety
Thursday, January 5, 2023 - 11:48am | 623When we think about communities enabled by technology, we tend to think about social networking and the types of communities being built on Discord and Reddit. While these digital communities play a part in our lives to some degree, Amazon Sidewalk reminds us that tech is also key to enhancing our...
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US Natural Gas Supplies Constrained As Extreme Cold Freezes Wells And Pipes
Tuesday, December 27, 2022 - 4:10am | 335U.S. natural gas supplies were constrained after extreme weather caused wells and pipes to freeze, although some recovery seemed to be underway. What Happened: Output declined as low as 84.2 billion cubic feet on Dec. 24 and barely witnessed any improvement on Sunday, with utilities from Texas...