4.89 +0.02 (0.41%)
After hours: 4:16PM EDT
|Bid||4.86 x 42300|
|Ask||4.90 x 1200|
|Day's Range||4.82 - 5.02|
|52 Week Range||2.53 - 5.05|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.81|
On June 20, natural gas July futures rose 2.2% and closed at $2.96 per MMBtu (million British thermal units). Warmer weather forecasts lifted natural gas prices on the same day. In the trailing week, natural gas July futures were unchanged.
The United States Oil Fund LP (ETF) (NYSE: USO ) is down 7.6 percent in the past month as investors anticipate the next major OPEC meeting this week. OPEC is meeting in Vienna on Friday and Saturday and ...
On June 19, natural gas July futures closed at a premium of ~$0.24 to July 2019 futures. The difference is called the “futures spread.” On June 12, the futures spread was at a premium of ~$0.27. On June 12–19, natural gas July futures fell 1.3%.
In 2008, the natural gas rig count made a record high of 1,606. From the record level in 2008, the natural gas rig count fell ~87.9% until June 15. Between January 2008 and March 2018, US natural gas marketed production rose ~50.3%—based on the EIA’s (U.S. Energy Information Administration) monthly data. Due to rising supply, natural gas active futures have fallen 62.5% since January 2008. What’s behind the rise in natural gas supplies?
On June 19, natural gas July futures fell 1.7% and settled at $2.9 per MMBtu (million British thermal units). On the same day, Southwestern Energy (SWN), Cabot Oil & Gas (COG), and Chesapeake Energy (CHK) rose 0.2%, 1%, and 1.1%, respectively. These three stocks were the underperformers on our list of natural gas–weighted stocks. All of the natural gas–weighted stocks on our list rose despite the fall in natural gas prices.
Energy stocks have dominated the market this week. In fact, more than half of the top gainers on the S&P 500 on Monday were energy stocks. Sector favorite Chesapeake Energy Corporation (NYSE:CHK) was among them, gaining more than 2%.
The Permian Basin Is Still a Star, but Can Midstream Keep Up? Spanning western Texas and southeastern New Mexico and boasting many prolific tight oil formations such as Wolfcamp, Spraberry, and Bonespring, the Permian Basin has developed into one of the most active drilling regions in the United States. As rig counts have rebounded from the decreases that occurred in 2015 and 2016, producers have increasingly been focusing on the Permian region, with the highest number of monthly rig counts among all regions, as we can see in the above image.
NEW YORK, June 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Global ...
On June 12, natural gas July futures closed at a premium of ~$0.27 to July 2019 futures. The difference is called the “futures spread.” On June 5, the futures spread was at a premium of ~$0.24. On June 5–12, natural gas July futures rose 1.7%.
On June 12, natural gas July futures fell 0.3% and settled at $2.94 per MMBtu (million British thermal units). On the same day, Chesapeake Energy (CHK) and Southwestern Energy (SWN) fell 2.2% and 0.2%, respectively, while Cabot Oil & Gas (COG) rose 0.2%. These three stocks were the underperformers on our list of natural gas–weighted stocks.
On June 8, Chesapeake Energy’s (CHK) short interest ratio, or its short interest as a percentage of its float, was ~21.7%. A year ago, in May 2017, its short interest ratio was ~18.6%.
Approximately 65.5% of Wall Street analysts have rated Chesapeake Energy (CHK) stock as a “hold.” Meanwhile, ~10.3% have rated the stock as a “buy,” and 17.2% have rated it as an “underperform.”
The current implied volatility for Chesapeake Energy stock (CHK) is ~64%, 6.2% lower than its 15-day average of 68%.
Chesapeake Energy (CHK) stock rose ~6% in the week that ended on June 8. The stock has continued to rise despite the recent dip seen in crude oil (UCO) (DBO).
From June 1–8, the performances of natural gas futures-tracking ETFs were as follows: United States Natural Gas ETF (UNG): fell 2.2% ProShares Ultra Bloomberg Natural Gas ETF (BOIL): fell 4.6%
On Friday, June 08, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Seven out of nine sectors ended Friday's trading session in bullish territories. Taking into consideration last Friday's market sentiment, WallStEquities.com assessed the following Independent Oil & Gas equities this morning: Canadian Natural Resources Ltd (NYSE: CNQ), Chesapeake Energy Corp. (NYSE: CHK), Cimarex Energy Co. (NYSE: XEC), and CNX Resources Corp. (CNX).
Chesapeake Energy Corporation (NYSE:CHK), a US$4.32B mid-cap, is an oil and gas company operating in an industry which has seen a prolonged oil price downturn since 2014. However, energy-sector analystsRead More...
At 1.817 trillion cubic feet (Tcf), natural gas inventories are 512 Bcf (22%) under the five-year average and 799 Bcf (30.5%) below the year-ago figure.
It’s no secret that former-shale superstar Chesapeake Energy (NYSE:CHK) has been a roller-coaster ride of epic proportions over the last few years. Much things might be looking up for Chesapeake stock. There’s been plenty of improvement at the Chesapeake stock.
Changing industry dynamics, excessive debt levels or poor management decisions can take even the largest of companies to a breaking point. Because they’ve faced hardships that weighed on their share prices, we define fixer uppers as stocks of $5 per share or less. By making wise investments in troubled companies, however, even small investors can sometimes finish rich with fixer-upper stocks.
On June 5, natural gas July futures closed at a premium of ~$0.24 to July 2019 futures. The difference is called the “futures spread.” On May 29, the futures spread was at a premium of ~$0.25. On May 29–June 5, natural gas July futures fell 0.4%.