|Bid||15.48 x 34100|
|Ask||15.49 x 1300|
|Day's Range||15.49 - 15.76|
|52 Week Range||15.49 - 27.54|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-8.14%|
|Beta (5Y Monthly)||0.08|
|Expense Ratio (net)||1.28%|
The United States Natural Gas Fund (UNG) has declined 43.0% over the past year as abundant supplies weigh on the market. The U.S. energy industry is extracting so much natural gas that large quantities are being burned off on extraction sites to make way for oil production, and it is only expected to get worse, the Wall Street Journal reported. An estimated 5.1 trillion cubic feet of natural gas was flared or burned off world-wide in 2018 - the equivalent to the combined consumption of France, Germany and Belgium - and the U.S. is now the number four largest flarer of gas behind Iran, Iraq and Russia.
Natural gas prices and related exchange traded funds jumped, Friday, bringing some relief to an extended eight week winter sell-off, as weather conditions hinted at a colder outlook toward the end of January. The United States Natural Gas Fund (UNG) was among the best performing non-leveraged ETFs, rising 2.5% on Friday, while the Nymex natural gas futures rose 2.0% to $2.21 per million British thermal units. “The overall theme the last couple of days has remained consistent...which suggests that we are heading into a period where colder risks have a better chance to finally become reality,” according to Bespoke Weather Services.
A natural gas-related ETF was leading the charge on Thursday as a shift in climate patterns points to chilly weather in January, potentially lifting demand for heating ahead. The United States Natural Gas Fund (UNG) was among the best performing non-leveraged ETFs, rising 3.6% on Thursday, while the Nymex natural gas futures jumped 4.7% $2.27 per million British thermal units. According to Bespoke Weather Services, the latest model guidance maintained a similar demand outlook for the next two weeks, but it revealed colder weather in the following 11- to 15-day period, Natural Gas Intelligence reports.
Natural gas prices and related ETFs have come under pressure from increased supply out of the booming shale industry, and now, a new rising supply line from decomposing biomass threatens to further weaken ...
A relatively calm winter could lead to a persistent fall in natural gas futures and related exchange traded funds, especially for the traditional spring slide ahead. The United States Natural Gas Fund ...
Natural gas futures and related ETFs surged Monday as cold-weather forecasts and unwinding bearish bets helped extend a rally in natgas prices. The United States Natural Gas Fund (NYSEArca: UNG) increased ...
Natural gas futures and related ETFs jumped Tuesday on improving fundamentals as extended cold trends could drive up heating demand and producers dial back production in face of depressed prices. The United ...
Here is a look at the 25 best and 25 worst ETFs from the past trading month. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
Natural gas ETFs may continue to weaken as U.S. shale producers ramp up production to capitalize on the spike in oil prices, following the attacks on Saudi Arabia’s oil facilities. The United States Natural ...
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term 'sell on the pop' opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
A natural gas glut could be brewing in Europe as suppliers are not looking to scale back on deliveries of the commodity anytime soon. As such, natural gas prices could fall to their lowest level in over 10 years. “In September, gas storage sites in northern Europe will be full, increasing the risk of a further downside in prices,” said Niek van Kouteren, a senior trader at PZEM, a Dutch energy company.
With Hurricane Dorian blowing in another direction, natural gas prices and related ETFs find support from favorable weather conditions that could drive increased cooling demand. The United States Natural ...
Natural gas prices and related ETFs continued to burn up as traders braced for possible disruptions to normal supply with Hurricane Dorian expected to intensify and make landfall over Florida. The United ...
Natural gas futures and related ETFs climbed Monday as favorable fundamentals and a threat of supply-side disruption from Tropical Storm Dorian supported the market. The United States Natural Gas Fund (UNG) was among the best performing non-leveraged ETFs of Monday, jumping 3.5%. Meanwhile, Nymex natural gas futures were 3.3% higher to $2.22 per million British thermal units.
Energy has been a volatile sector over the past few years. In 2017 the Goldman Sachs Commodities Index (GSCI) has gained 1.74% through the end of November and the S&P 500 energy stock sector is reporting a loss of -7.
WALNUT CREEK, Calif., Aug. 6, 2019 /PRNewswire/ -- USCF today announced that it has joined the Raymond James IAD ETF No-Transaction-Fee (NTF) platform providing access to all thirteen of their exchange-traded funds and products.
Natural gas-related ETFs led the charge on Wednesday as higher temperatures ahead fuel bets of a “notable jump” in weather-driven demand. The United States Natural Gas Fund (NYSEArca: UNG) was among the ...
Natural gas futures-related exchange traded funds were leading the pack on Friday as Tropical Storm Barry blows over the Gulf Coast. The United States Natural Gas Fund (NYSEArca: UNG) was among the best ...
Natural gas futures and related exchange trades were on fire Friday as a notable shift in the weather pattern, along with short sellers caught out of position, helped push prices higher. Meanwhile, Nymex natural gas futures were 6.3% higher to $2.44 per million British thermal units. Consequently, the nation’s strongest demand will be across the Southeast and Mid-Atlantic Coast as highs reach the mid-90s.