|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.20 - 22.19|
|52 Week Range||14.81 - 58.12|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
On December 7, 2017, natural gas’s implied volatility was 40.5% or ~7.5% less than its 15-day average. On November 29, the implied volatility rose to 47.7%.
US dry natural gas production fell by 0.5 Bcf per day or 0.7% to 76.2 Bcf per day on November 30–December 6, 2017, according to PointLogic.
Between November 29 and December 6, natural gas (GASL)(GASX)(FCG) January 2018 futures had a correlation of -1.6% with US crude oil January futures.
On November 24–December 1, 2017, the United States Natural Gas Fund (UNG), that follows near-month natural gas futures contracts, rose 4.5%.
A massive fall in natural gas inventories compared to the historical and seasonal average could drive natural gas prices higher next week.
The EIA released its natural gas inventory report on November 30, 2017. US natural gas inventories fell by 33 Bcf to 3,693 Bcf on November 17–24, 2017.
January US natural gas (DGAZ) (UNG) futures contracts fell 1.4% to $3.01 per MMBtu in electronic trading at 1:05 AM EST on November 24, 2017.
On November 24–30, natural gas active futures could close between $2.89 and $3.23 per MMBtu (million British thermal units) with a probability 68%.
In the week ended November 17, natural gas inventories were cut by 46 Bcf (billion cubic feet) to 3,726 Bcf. The market had expected a fall of 51 Bcf.
Between November 10 and November 17, the United States Natural Gas Fund LP (UNG) fell 3.2% while natural gas active futures fell 3.6%.
Between November 3 and November 10, 2017, the United States Natural Gas Fund LP (UNG) rose 8%, only 30 basis points above the gain in natural gas December futures.
On November 9, 2017, natural gas had an implied volatility of 43.5%—9.4% more than its 15-day average. Natural gas active futures settled at $3.2 per MMBtu.
Between October 27 and November 3, 2017, the United States Natural Gas Fund LP (UNG) rose just 0.2%, and natural gas December futures rose 0.7%.
PointLogic estimates that US dry natural gas production rose by 0.9 Bcf (billion cubic feet) per day to 75.5 Bcf per day on October 26–November 1, 2017.
As with most timeframes in the market, the laggards are a mix of surprising and obvious names (in hindsight, of course). This October, they stand out a little more than usual since so many asset classes ...
On October 20–27, natural gas (FCG) (GASL) (GASX) December futures fell 4.8%. During this period, the United States Natural Gas Fund LP (UNG) fell 4.1%.
If, in real estate, everything is “location, location, location,” then with natural gas investing, everything is “weather, weather, weather.”
December natural gas (BOIL) (FCG) futures contracts fell 0.29% to $3.04 per MMBtu (or million British thermal units) in electronic exchange at 2:04 AM EST on October 27, 2017.
Between October 13 and October 20, 2017, the United States Natural Gas Fund LP (UNG) fell 2.2%, and natural gas November futures fell 2.8%.