|Bid||9.25 x 3000|
|Ask||10.73 x 1000|
|Day's Range||9.97 - 10.59|
|52 Week Range||8.86 - 22.69|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||15.27|
|Earnings Date||Feb 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.91|
The Zacks Analyst Blog Highlights: Gulfport Energy, Antero Resources, SilverBow Resources, Southwestern Energy and QEP Resources
EIA's inventory release shows that stockpiles of natural gas in the lower 48 states have fallen by 81 Bcf for the week ended Jan 11.
Although Q4 saw a free fall in crude price, the average monthly commodity prices for October and November were healthier than a year ago.
DENVER , Jan. 17, 2019 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its fourth quarter and full year 2018 ...
Measuring Oil's Impact on Upstream Energy Stocks(Continued from Prior Part)Natural gas On January 16, natural gas February futures fell 0.9% and settled at $3.38 per MMBtu (million British thermal units). Concerns about the weather have dragged
The natural gas driller is cutting its drilling budget to better match spending with the cash flows it can produce at lower oil prices.
Crude ended 2018 in free fall but has reversed course on signs that Saudi Arabia, Russia and other major exporters will follow through on last month’s pledge to slash production -- Saudi Energy Minister Khalid Al-Falih said the plan was on track Wednesday.
Will Natural Gas Stay above $3? (Continued from Prior Part) ## Inventories spread and natural gas prices In the week ending December 28, the inventories spread was -17.2%. The inventories spread is the difference between natural gas inventories and their five-year average. During this period, the inventories spread contracted by two percentage points compared to the previous week. On January 4, the EIA reported the natural gas inventory data for the week ending on December 28. ## Natural gas inventories The natural gas price is usually inversely related to the inventories spread. However, the relationship seems to be more biased toward a price downside when inventories rise above the five-year average. The market might be confident about having enough future supply instead of being concerned about demand getting out of hand. Since January 4, the natural gas February futures have fallen 2.5%. During the same period, natural-gas-weighted stocks Southwestern Energy (SWN), Gulfport Energy (GPOR), Range Resources (RRC), and Antero Resources (AR) rose 5.4%, 4.9%, 2.9%, and 2.1%, respectively, and underperformed their peers. The remaining natural-gas-weighted stocks ended in the green in this period. Between January 4 and January 8, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the Energy Select Sector SPDR ETF (XLE) rose 4.4% and ~2.3%, respectively. These ETFs hold natural gas producer stocks. ## Required fall in inventories On January 10, the EIA is scheduled to release its natural gas inventory report for the week ending on January 4. Any fall by more than ~140 billion cubic feet could cause the inventories to expand more into the negative territory, but Reuters analysts expect a draw of just 95 Bcf, which might not be a positive development for natural gas prices. Continue to Next Part Browse this series on Market Realist: * Part 1 - Will Natural Gas Stay above $3? * Part 2 - Steady Natural Gas Rig Count Might Be Trouble for Prices * Part 4 - Natural Gas Futures Spread Is Showing Interesting Divergence
In the news release, Antero Resources Announces 2019 Capital Budget and Production Guidance, issued 08-Jan-2019 by Antero Resources Corporation over PR Newswire, we are advised by the company that in the ...
A precipitous drop in natural gas prices in late 2018 led to a sour stock performance last month. Can the natural gas leader rebound in 2019?
What to Expect from Natural Gas Next Week ## Natural gas’s implied volatility On January 3, natural gas’s implied volatility was 52.6%, which was ~26.6% below its 15-day moving average. In the trailing week, natural gas’s implied volatility fell 20.5%. Natural gas’s February futures fell 16.9% during the same period. Since June 2018, these two metrics have been moving in tandem. ## Natural gas prices and the weather forecast Based on natural gas’s implied volatility of 52.6% and assuming a normal distribution of prices, natural gas futures are expected to close between $2.75 and $3.14 per MMBtu 68.0% of the time until January 11. On January 3, natural gas February futures fell 0.4% to $2.945 per MMBtu. However, the weather forecast suggests colder weather after January 11, which might push natural gas to the upper limit of our price forecast. Today, the EIA reported a fall of 20 Bcf (billion cubic feet) in natural gas inventories for the week ended December 28. The fall was 27 Bcf less than Reuters’ analyst expectations. ## Impact on ETFs and stocks These price limits could be important for ETFs that follow natural gas futures. In the trailing week, the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 29%. Natural gas prices fell 16.9% during the same period. Natural-gas-weighted stocks Southwestern Energy (SWN), Cabot Oil & Gas (COG), Range Resources Corporation (RRC), and Antero Resources (AR) have fallen 1.1%, 1.6%, 2.4%, and 3.1%, respectively, in the trailing week. These stocks underperformed other natural-gas-weighted stocks in the trailing week.
What Might Spook Natural Gas in Early 2019?(Continued from Prior Part)Futures spread On December 31, the natural gas futures for February 2019 closed at a discount of ~$0.06 to the February 2020 futures.
Mariner East 2's up and running, and here's why that's great news for natural gas producers
On December 21–28, the United States Natural Gas ETF (UNG) fell 9.4%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 17.5%. These ETFs track natural gas futures. UNG holds active natural gas futures contracts, while BOIL’s objective is to track twice the daily changes of the Bloomberg Natural Gas Subindex.
From December 19 to 26, natural gas February futures fell 5.3% and settled at $3.458 per MMBtu (million British thermal units). Bearish weather forecasts might have dragged natural gas prices down.
In the week ending on December 14, the inventories spread was -20.6%. The inventories spread is the difference between natural gas inventories and their five-year average. During this period, the inventories spread expanded by 70 basis points compared to the previous week.
HENDERSON, NV / ACCESSWIRE / December 27, 2018 / As the year 2018 comes to an end, the S&P 500 Index looks set to close on a negative note. The benchmark has logged nearly 10% losses since the beginning ...
HENDERSON, NV / ACCESSWIRE / December 24, 2018 / OPEC has finally put an end to the ongoing speculations regarding oil supply glut and prices with a move to curb output by a total of 1.2 million barrels ...
Antero Resources (AR) expects restructuring and monetizing of a portion of its hedge portfolio to strengthen the balance sheet.
In the week ending on December 7, the inventories spread was -19.9%. The inventories spread is the difference between natural gas inventories and their five-year average. During this period, the inventories spread expanded by 30 basis points compared to the previous week.
DENVER , Dec. 18, 2018 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that it has monetized a portion of its natural gas hedge position for ...