|Bid||13.67 x 1100|
|Ask||13.68 x 800|
|Day's Range||13.56 - 14.25|
|52 Week Range||2.56 - 15.54|
|Beta (5Y Monthly)||4.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.95|
This past Monday saw a big selloff in many stocks, including energy stocks. Most of this year, oil has looked like it was headed to $100 per barrel. However, Covid-19 has since messed with that trajectory. OPEC+ had something to do with it as well. Recently, the group of oil-producing nations announced that it would start making more oil available. That will also lessen price pressures. Then there’s the U.S. dollar. Because oil (and every other major commodity) is priced in dollars, it costs mor
Favorable weather forecasts revealing hotter trends are likely to spur natural gas demand for cooling, and therefore prices. The upward trend should aid gas-weighted producers like SBOW, RRC and AR.
Natural gas prices are soaring to multiyear highs as extreme heat has caused power demand to spike. Natural gas futures were trading 1.4% higher on Wednesday, at $3.93 per million British thermal units, on track for their fourth straight day of gains. Natural gas has jumped more than 53% from the start of the year and 130% from a year ago.