UNG - United States Natural Gas Fund, LP
| Previous Close | 22.09 |
| Open | 22.18 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 22.16 - 22.60 |
| 52 Week Range | 20.40 - 31.72 |
| Volume | 5,173,935 |
| Avg. Volume | 3,637,236 |
| Net Assets | 367.12M |
| NAV | 22.54 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -3.30% |
| Beta (3y) | 0.71 |
| Expense Ratio (net) | 0.70% |
| Inception Date | 2007-04-18 |
- Market Realist•34 minutes ago
Weekly US Natural Gas Futures’ Outlook on April 23–27
US natural gas futures decreased 1% on April 12–19, 2018. Prices decreased due to mild weather forecasts. The United States Natural Gas ETF (UNG) decreased ~0.5% on April 12–19, 2018, while the First Trust Natural Gas ETF (FCG) increased 4.5% during the same period. UNG seeks to track active natural gas futures. FCG seeks to track the performance of the ISE-Revere Natural GasTM Index.
- Market Realist•17 hours ago
How Has Cabot Oil & Gas Stock Performed Recently?
Cabot Oil & Gas (COG) stock started weak this year and mirrored natural gas prices (UNG). Cabot Oil & Gas stock has fallen ~1.5% YoY (year-over-year). The stock has underperformed the Energy Select Sector SPDR ETF (XLE), which has increased ~4.3% during the same period.
Market Realist•20 hours agoUS Natural Gas Consumption Fell on April 12–18
PointLogic estimates that US natural gas consumption fell ~9% to 67.7 Bcf per day on April 12–18, 2018. However, consumption increased ~23.3% or by 12.8 Bcf (billion cubic feet) per day from a year ago.
Market Realist•22 hours agoImportant Price Limits for Natural Gas’s Traders Next Week
On April 19, 2018, natural gas’s implied volatility was 23.4%. It was 6.4% more than its 15-day moving average.
Market Realist•23 hours agoNatural Gas Futures Fell despite Lower Natural Gas Inventories
The EIA released its natural gas storage report on April 19, 2018. The EIA reported that US natural gas inventories declined by 36 Bcf (billion cubic feet) to 1,299 Bcf on April 6–13, 2018. The inventories also declined by 808 Bcf or 38.3% year-over-year.
- ETF Database•yesterday
ETF Scorecard: April 20 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
Market Realist•2 days agoEnergy Sector Drove the S&P 500 on April 18
The S&P 500 rose ~0.1% to 2,708.64 on April 18, 2018. The index rose slightly due to bullish momentum in the energy and industrial sectors. Five out of ten major sectors in the S&P 500 rose on April 18, 2018.
- Market Realist•2 days ago
What’s the Correlation between Oil and Natural Gas?
Between April 10 and April 17, 2018, the correlation between natural gas and US crude oil May futures was just 4.2%. In the seven calendar days to April 17, US crude oil and natural gas prices moved in the same direction in three instances out of the last five trading sessions based on the closing prices.
Market Realist•2 days agoAnalyzing Commodities and the S&P 500
The S&P 500 rose ~1.1% to 2,706.39 on April 17, 2018, due to optimism about strong 1Q18 earnings results. Analysts estimate that S&P 500 companies’ earnings could rise 18.6% in 1Q18, which would be the highest increase in seven years, according to Reuters. Nine out of the ten major sectors in the S&P 500 rose on April 17, 2018.
Market Realist•2 days agoWhy Rise in Natural Gas Inventories Might Be Bullish for Natural Gas
Natural gas inventories declined by 19 Bcf (billion cubic feet) to 1,335 Bcf in the week ending April 6, 2018, according to the EIA’s (U.S. Energy Information Administration) report announced on April 12, 2018. The fall in the EIA’s data was eight Bcf more than the market’s expected fall. On April 12, 2018, natural gas May futures rose 0.4%.
- Market Realist•2 days ago
Analysts Expect a Rise of Over 100% in Golar LNG’s 1Q18 Revenue
The consensus 12-month target price for Golar LNG (GLNG) is $36.14, which implies a potential return of 26.3% compared to its price of $28.6 on April 17, 2018.
- Market Realist•3 days ago
Have Supply Concerns Eased for Natural Gas?
On April 17, 2018, natural gas May 2018 futures closed at a premium of ~$0.1 to May 2019 futures. The difference is called the “futures spread.” On April 10, 2018, the futures spread was at a premium of ~$0.03. Between April 10 and April 17, 2018, natural gas May futures rose 3.1%.
- Market Realist•3 days ago
Could Natural Gas See a Comeback?
On April 17, 2018, natural gas May 2018 futures fell 0.5% and settled at $2.738 per MMBtu (million British thermal units). However, between April 10 and April 17, 2018, natural gas May futures rose 3.1%. Unseasonal cold weather could be behind natural gas’s rise over this time period.
- Market Realist•3 days ago
Analysts’ Pre-1Q18 Estimates for Höegh LNG Partners
According to Reuters, the consensus rating for Höegh LNG Partners (HMLP) is 1.38, which means a “strong buy” on a scale of one (strong buy) to five (strong sell). Eight analysts have given recommendations on Höegh LNG Partners. Five have given it “strong buy” recommendations, and three have given it “buy” recommendations.
- Market Realist•4 days ago
Southwestern Energy Outperformed Natural Gas Last Week
Last week, Southwestern Energy (SWN) stock rose more than 5% from $4.26 to $4.49. SWN rose on the first four days of last week, followed by a minor decline on Friday. Despite rising prices last week, SWN’s stock price was confined within a horizontal consolidation pattern around its 50-day moving average. Volume remained lower throughout the week, which is a typical characteristic of price consolidation.
- Market Realist•4 days ago
Can General Electric Beat Analysts’ 1Q18 Revenue Estimate?
A spate of financial surprises by General Electric (GE) has taken the investor community by surprise. Due to the implementation of new revenue recognition rules, the value of GE’s contract assets has been written off. Analysts polled by Thomson Reuters expect General Electric to report revenue of $27.4 billion in 1Q18.
- Investopedia•4 days ago
Clean Energy Puts the Squeeze on Natural Gas
Clean energy sources are crimping natural gas, but fossil fuels still have a major foothold on the global energy market.
Market Realist•4 days agoCommodities and the S&P 500 Were Mixed on April 16
The S&P 500 rose ~0.8% to 2,677.84 on April 16, 2018, due to easing geopolitical tensions in the Middle East and optimism about strong 1Q18 earnings results. All of the 11 major sectors in the S&P 500 rose on April 16, 2018. The subsector classification is based on the S&P 500 GICS (Global Industry Classification Standard) indices.
Market Realist•5 days agoUS Crude Oil Could Move above $70
On April 6–13, 2018, US crude oil May futures rose 8.6%—the largest weekly gain since July 28, 2017. On April 13, 2018, US crude oil May futures settled at $67.39 per barrel—the highest closing level for US crude oil active futures in more than three years.
- Market Realist•5 days ago
Weekly Natural Gas Futures: Outlook for April 16–20
US natural gas futures increased 0.4% on April 5–12, 2018. Prices increased due to cold weather forecasts and a larger-than-expected decline in natural gas inventories.
Market Realist•5 days agoEIA Upgrades US Natural Gas Consumption Forecast for 2018
PointLogic estimates that US natural gas consumption rose ~6.8% to 74.4 Bcf per day on April 5–11, 2018. Natural gas consumption also increased ~24.8% or by 14.8 Bcf per day year-over-year.
Market Realist•8 days agoWhy CSX Likely Won’t Meet Analysts’ Revenue Estimates in 1Q18
Analysts polled by Thomson Reuters have estimated revenue of $2.8 billion for CSX (CSX) in 1Q18. Compared to the railroad company’s ~$2.9 billion revenue in the same quarter of 2017, analysts’ estimate reflects a 2.6% fall YoY (year-over-year), suggesting that analysts have factored volume losses and competitive losses into the company’s 1Q18. For 2018, analysts expect CSX to register $11.5 billion in revenue, reflecting a 1.2% rise on a yearly basis.
Market Realist•8 days agoEIA Downgrades US Natural Gas Production Forecast for 2018
PointLogic, a market intelligence company, estimates that US dry natural gas production rose 0.3% to 80.1 Bcf per day on April 5–-11, 2018. Production also increased 11.2% or by 8.1 Bcf per day from a year ago.
Market Realist•8 days agoChesapeake Energy Stock Rose Last Week: Gauging Trends
Chesapeake Energy (CHK) stock rose 9.6% in the week ending April 11, 2018. Chesapeake Energy stock tracked crude oil prices (USO), which rose 5.4% during the same period.
- Market Realist•8 days ago
Larger Drop in US Natural Gas Inventories Helped Gas Prices
The EIA (U.S. Energy Information Administration) released its weekly natural gas storage report on April 12, 2018. The EIA reported that US natural gas inventories declined by 19 Bcf (billion cubic feet) to 1,335 Bcf on March 30–April 6, 2018. The inventories also declined by 725 Bcf or 35% from a year ago.
