7.30 +0.04 (0.55%)
After hours: 4:35PM EDT
|Bid||7.26 x 4000|
|Ask||7.36 x 4000|
|Day's Range||7.21 - 7.68|
|52 Week Range||7.21 - 22.69|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.30|
Natural gas prices have seen some volatility over the past few months, bouncing between highs near $3.00 per million British thermal units (MMBtu) and lows just above $2.50. The commodity currently trades at roughly $2.
Inventory Data Are Neutral for Natural Gas Prices(Continued from Prior Part)Natural gas–weighted stocks ignored natural gas prices Most of the natural gas–weighted stocks on our list had lower correlations with natural gas June futures than oil
Inventory Data Are Neutral for Natural Gas PricesInventories supported natural gas on April 25 On April 25, at 10:41 AM EST, the natural gas June futures were almost unchanged from the last closing level. On the same day, the EIA (U.S. Energy
Natural Gas: Is the Fall Unstoppable?(Continued from Prior Part)Futures spread On April 23, the natural gas futures for June 2019 closed at a small discount of ~$0.03 to the June 2020 futures. On April 16, the futures spread was at a small premium of
Natural Gas: Is the Fall Unstoppable?(Continued from Prior Part)Required change in inventories On April 24, the EIA (U.S. Energy Information Administration) is scheduled to release its natural gas inventory report for the week ending April 19. Any
Antero Resources (AR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ConocoPhillips' (COP) first-quarter earnings will likely get a boost from rising liquids production. However, lower oil prices may affect its results.
Baker Hughes' (BHGE) first-quarter earnings will likely get a boost from rising total orders. However, lower profits from its Turbomachinery & Process Solutions unit can affect the results.
Natural Gas: Is the Fall Unstoppable?Natural gas prices On April 23, natural gas June futures fell 2.3% and settled at $2.499 per MMBtu (million British thermal units)—near the lowest closing level for active natural gas futures since June 6,
Antero Resources (AR) closed the most recent trading day at $7.90, moving -1.74% from the previous trading session.
Hess' (HES) first-quarter results will likely get a boost from rising production. However, lower worldwide average selling prices are concerning.
Range Resources' (RRC) first-quarter 2019 results benefit from higher natural gas, liquids price realizations and production, partially offset by higher expenses.
ConocoPhillips (COP) plans to allocate capital to resources where cost of operations will be considerably lower, making operations more efficient.
What Could Impact Natural Gas on April 22?Natural gas last weekOn April 12–18, natural gas active futures fell 6.3%. Forecasts for lower demand dragged natural gas to $2.49 per MMBtu (million British thermal units) on April 18—the
Will Natural Gas Keep Plunging?Natural gasOn April 17, natural gas prices fell 2.1% and settled at $2.517 per MMBtu (million British thermal unit)—the lowest closing level for active natural gas futures since June 8, 2016. In the trailing week,
Although Kinder Morgan (KMI) announces strong Q1 earnings along with a dividend hike, the firm's projection for below-budget 2019 EBITDA disappoints investors.
Will Natural Gas Recover from Its Two-Month Low?Natural gas prices On April 16, natural gas May futures fell 0.8% and settled at $2.57 per MMBtu (million British thermal units)—the lowest closing level for active natural gas futures since February