|Bid||8.55 x 4000|
|Ask||8.56 x 1800|
|Day's Range||8.36 - 8.64|
|52 Week Range||8.07 - 13.74|
|Beta (3Y Monthly)||-0.00|
|PE Ratio (TTM)||3.39|
|Earnings Date||Feb 19, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.40|
The Zacks Analyst Blog Highlights: Antero Resources, Gulfport Energy, Approach Resources and Apache
Investors should be prepared to minimize fluctuations in their portfolio and consequently rebalance it with suitable financial assets to maintain stability.
Comstock Resources (CRK) production of oil and natural gas averaged 33.3 billion cubic feet equivalent, up 55.7% from last year.
This metric evaluates the market price of a stock relative to the amount of cash flow that the company is generating on a per-share basis.
On November 7–14, our list of natural gas–weighted stocks fell 3.7% despite a rise of 36.1% in natural gas December futures. On average, natural gas–weighted stocks underperformed natural gas futures during this period.
The natural gas–weighted stocks under review, that might be inversely related to US crude oil December futures’ movements based on their correlations with US crude oil December futures in the last five trading sessions, are: Cabot Oil & Gas (COG) at -89.7% Gulfport Energy (GPOR) at -66.7% Southwestern Energy (SWN) at -36.7%
On November 2–9, the United States Natural Gas ETF (UNG) rose 13%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 25%. 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.
On November 2–9, natural gas December futures rose 13.2% and settled at $3.719 per MMBtu (million British thermal units) on November 9—the highest closing level for active natural gas futures since December 30, 2016. Last week, natural gas futures recorded the second-largest weekly gain in 2018.
On November 8, natural gas’s implied volatility was 47.4%, which was ~10.7% above its 15-day moving average and the highest level since January 30. In the trailing week, natural gas’s implied volatility rose 15.9%. Natural gas December futures rose 9.5% during the same period. Since June, these two metrics have been moving in tandem.
NEW YORK, Nov. 09, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
On November 6, the natural gas futures for December closed at a premium of ~$0.6 to the December 2019 futures. On October 30, the futures spread was at a premium of $0.278. On October 30–November 6, natural gas December futures rose 11.5%.
In the week ending on October 26, the inventories spread was -16.9%. The inventories spread is the difference between natural gas inventories and their five-year average.
On October 26–November 2, the United States Natural Gas ETF (UNG) rose 1.5%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 0.3%. 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.
On October 26–November 2, natural gas December futures rose 1.8% and settled at $3.284 per MMBtu (million British thermal units) on November 2—the highest closing level for active natural gas futures since October 17. The weather forecast for a colder winter and inventories 16.9% below their five-year average might be behind the rise in natural gas prices.
Zacks.com highlights: GMS, EQT, Gulfport Energy, Wintrust Financial and Capital One Financial