|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.15 - 8.37|
|52 Week Range||7.73 - 20.34|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.34%|
On October 11, 2017, the futures spread was at a premium of $0.13. Between then and October 18, natural gas November futures fell 1.2%.
Crude oil prices have risen from last week’s close of $49.29 per barrel on October 6 to $51.09 per barrel on October 10—a rise of almost 4% so far this week.
Between September 29 and October 6, 2017, the United States Natural Gas Fund ETF (UNG) fell 4.9%, while natural gas (BOIL) (GASX) November futures fell 4.8%.
On October 5, 2017, the implied volatility of US natural gas active futures was at 33.1%, or 7.3% below the 15-day average.
If the EIA (U.S. Energy Information Administration) reports another fall in the US commercial crude oil inventory, it could push oil prices higher.
On September 22–29, 2017, the United States Natural Gas Fund LP (UNG) rose 0.2%, while natural gas (BOIL) November futures fell 0.5%.
Market data provider PointLogic estimates that weekly US dry natural gas production fell by 0.2 Bcf (billion cubic feet) per day to 74.3 Bcf per day from September 21 to 27, 2017.
The natural gas rig count rose by four to 190 in the week ended September 22, 2017. YoY (year-over-year), the natural gas rig count has more than doubled. However, the…
In the week ended September 15, 2017, the natural gas rig count fell by one to 186. Also, the natural gas rig count has stalled between 180 and 190 since May 19, 2017.
PointLogic estimates that weekly US natural gas consumption fell 6.6% to 52 Bcf per day from September 7 to 13. Consumption fell 13% year-over-year.
Market data provider PointLogic estimates that weekly US dry natural gas production rose by 0.2 Bcf (billion cubic feet) per day to 73.9 Bcf per day from September 7 to 13.
On September 14, the EIA (U.S. Energy Information Administration) released its weekly US natural gas inventory report.
US natural gas (DGAZ)(UGAZ)(UNG) futures contracts for October delivery rose 0.32% to $3.07 per MMBtu (million British thermal units) on Thursday, September 14.
On September 6, 2017, the futures spread was at a discount of $0.06, but on September 8, 2017, the futures spread shifted to a premium.
The natural gas rig count rose by four to 187 in the week ended September 8, 2017. On a YoY basis, the natural gas rig count more than doubled that week.
ONEOK (OKE), the general partner and 41% owner of ONEOK Partners, owns one of the country’s premier natural gas liquid systems. The company’s revenue grew 15% in 2016 after falling…
In the next seven days, natural gas October futures could close between $2.85 and $3.11 per MMBtu (million British thermal units).
The market expects a rise of 63 Bcf in natural gas inventories for the week ending September 1, 2017. The EIA will report the data on September 7, 2017.
On September 6, natural gas October futures rose 0.9% and settled at $3 per MMBtu. On August 30–September 6, 2017, natural gas October futures rose 2.1%.