|Bid||2.4500 x 27000|
|Ask||2.4600 x 900|
|Day's Range||2.4000 - 2.4800|
|52 Week Range||2.3600 - 6.2300|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||1.51|
|Earnings Date||Aug 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.77|
At least two Marcellus and Utica shale natural gas producers have announced plans in recent weeks to cut back on drilling amid a sustained drop in commodity prices. Sewickley-based JKLM Energy, which is owned by Buffalo Bills and Buffalo Sabres owner Terry Pegula, told stakeholders last week in Potter County that it would be temporarily halting its drilling rig due to the low price of natural gas. A spokesman for JKLM Energy confirmed the pause in development in Potter Township, where its drilling operations are based and said it was due to low commodity prices.
Southwestern Energy Company today announced it will host a conference call and webcast on August 7, 2019 at 9:30 a.m. Central Time to discuss second quarter 2019 financial and operating results.
For the rest of this year, Henry Hub natural gas spot prices will be at a mean price of 2.50 per million British thermal units.
Despite a slight recovery, natural gas prices remained close to the lowest levels in more than three years because of growing fears that soaring production is outpacing demand growth.
The impact fee totals hit $242.9 million, not including $8.8 million in payments from previous years that had been withheld in a court case.
Bill Way, President & Chief Executive Officer of Southwestern Energy, (SWN) received the Entrepreneur Of The Year® 2019 Award in the Energy category in Gulf Coast Area. The award, conferred by Ernst & Young, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Bill Way was selected by an independent panel of judges.
Southwestern Energy and Gulfport Energy’s EPS will likely fall 51.8% and 18.2%, respectively, in the second quarter on a sequential basis based on analysts’ consensus estimates.
Natural gas prices fell to their lowest level in more than three years after U.S. government data revealed a weekly injection in domestic stockpiles that was much more than expected.
Of the 10 winners, seven are CEOs of Houston-area companies, and the other three are chief executives of Louisiana-based companies.
On June 20, the EIA is scheduled to release its natural gas inventory report for the week ending June 14. Any rise less than ~76 billion cubic feet could cause the inventories spread to expand more into the negative territory.
The natural gas rig count was at 181 last week—five less than the previous week. The natural gas rig count has fallen ~88.7% from its record level of 1,606 in 2008.
Despite a slight recovery, natural gas prices remained close to the lowest levels in three years because of growing fears that soaring production is outpacing demand growth.
The natural gas rig count was at 186 last week, two more than the previous week. The natural gas rig count has fallen ~88.4% from its record level of 1,606 in 2008.
Southwestern Energy CEO and President Bill Way has been selected as a finalist in the energy category for the Gulf Coast area in the 2019 EY Entrepreneur Of The Year® award program. Widely considered one of the most prestigious business awards programs in the U.S., the program recognizes entrepreneurs and leaders of high-growth companies who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world.
Natural gas futures extended losses on Thursday to a new low since June 2016 after U.S. government data revealed a weekly injection in domestic stockpiles that was much more than expected.
Will Natural Gas Recover from Its Three-Year Low?(Continued from Prior Part)Natural gas rig countThe natural gas rig count was at 184 last week—two less than the previous week. The natural gas rig count has fallen ~88.5% from its record level of
Long term investing works well, but it doesn't always work for each individual stock. We really hate to see fellow...
The larger-than-expected natural gas build intensified a sell-off that left the U.S. benchmark with its lowest close in three years.
Natural Gas Prices: The Key Drivers(Continued from Prior Part)Natural gas rig countThe natural gas rig count was at 186 last week—one more than the previous week. The natural gas rig count has fallen ~88.4% from its record level of 1,606 in 2008.