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US Natural Gas Prices Rise To 5-Month Highs On Hot Weather Forecasts: Energy Stocks On The Move Monday
Monday, June 10, 2024 - 12:30pm | 823Read More...Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last...
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Natural Gas Has Never Been This Cheap: What Record Low Prices Mean For Heating Bills, Gas Vehicles
Tuesday, June 4, 2024 - 1:44pm | 520Read More...The spot price for natural gas is near an all-time low, according to recent data from the Federal Reserve Bank of St. Louis. As an alternative to other forms of energy, how could natural gas affect the markets? The Data: The Fed St. Louis post references the price of natural gas at the Henry Hub...
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Exxon's Texas LNG Project Faces Major Setback As Lead Contractor Files For Bankruptcy
Wednesday, May 22, 2024 - 12:19pm | 400Read More...Exxon Mobil Corporation (NYSE:XOM) and Qatar Energy‘s lead contractor for their Texas liquefied natural gas (LNG) plant reportedly filed for Chapter 11 bankruptcy protection, citing challenges at the project. Zachry Holdings, which held the lion’s share of the $10 billion...
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Oil Holds At $80 As Iranian Leaders Die In Crash, Saudi Crown Prince Delays Japan Trip; Natural Gas Spikes 40% In May
Monday, May 20, 2024 - 11:22am | 741Read More...The West Texas Intermediate (WTI) crude spot price, as tracked by the United States Oil Fund (NYSE:USO), hovered below $80 a barrel on Monday, remaining relatively stable despite significant geopolitical developments in the Middle East. Indeed, natural gas prices have experienced a substantial...
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TC Energy's NGTL Pipeline Faces Pressure Reduction Order Despite Repaired Rupture: Report
Wednesday, May 15, 2024 - 12:53pm | 284Read More...The Canada Energy Regulator (CER) reportedly issued an order to TC Energy Corp.’s (NYSE:TRP) NOVA Gas Transmission Ltd. (NGTL) to further reduce the operating pressure for the Grande Prairie Mainline gas pipeline in Alberta. As per the report, TC Energy said in a statement, “Currently ...
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US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday?
Monday, April 29, 2024 - 2:14pm | 1251Read More...U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc. (NASDAQ:AAPL) on Thursday, a pivotal Federal Reserve Open Market...
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AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend
Monday, April 29, 2024 - 12:37pm | 1039Read More...Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks...
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Why 2 Natural Gas Stocks Get Mixed Reception From JPMorgan Analyst
Wednesday, March 20, 2024 - 4:36pm | 454Read More...Natural gas has been in focus with energy prices poised to climb on summer demand. The 2024 estimate for natural gas production has been lowered by around 1.3 billion cubic feet per day (Bcf/d) to 102.7 Bcf/d, with production volumes expected to decline to exit the year at 101.8 Bcf/d,...
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US Energy Stocks Rally Under The Street's Radar: Seasonal Strength, Golden Cross Await Latecomer Bulls
Tuesday, March 19, 2024 - 12:43pm | 981Read More...While the investor spotlight remains fixated on tech and AI-related stocks, U.S. energy corporations have quietly embarked on a significant, albeit unnoticed, rally. The Energy Select Sector SPDR Fund (NYSE:XLE), a gauge for U.S. energy stocks, has posted a robust 16% rally from its January 2024...
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Natural Gas Price Rallies After Chesapeake Energy Lowers Output
Wednesday, February 21, 2024 - 4:17pm | 391Read More...The 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 | 538Read More...As 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 | 838Read More...The 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 | 476Read More...Oklahoma 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 | 344Read More...CNX 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 | 505Read More...We 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...
















