Recent

% | $
Quotes you view appear here for quick access.

Hugoton Royalty Trust Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • dividend_man dividend_man Feb 8, 2012 10:40 PM Flag

    NG continues to stay weak thus effecting stock price

    I read today that First Energy is retiring three coal fired electric generating plants, I also know some coal fired plants are idle because they are buying electricity cheaper than they can produce it. This electricity has to be coming from nuclear or natural gas fired plants. This has to be good news for nat. gas.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Sure but the flip side is that many of the plants can take either NG or coal, so it works both ways...if NG prices rise again, they would switch back to coal. So it helps put something of a cap on prices. But, yes, I'm sure there is substitution going on, however there is just so much supply growth that it will take more to tip the balance the other way.

      • 1 Reply to lizahuang54321
      • "Sure but the flip side is that many of the plants can take either NG or coal, so it works both ways...if NG prices rise again, they would switch back to coal."

        Was not aware the switch was this easy for many plants. Being able to switch between NG and coal explains a lot--and makes utilities whose plants have this capability more valuable. Thanks, Liza. Always learning from your posts.

 
HGT
2.110.00(0.00%)Aug 30 3:59 PMEDT