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home / news releases / DCP - FCG Is Still Attractive (Bullish Nat Gas Strip Pricing)

DCP - FCG Is Still Attractive (Bullish Nat Gas Strip Pricing)

DCP Midstream LP
  • The First Trust Natural Gas ETF is up 43% YTD but still appears to have more room to run - many of the holdings still look like values.
  • While the price of oil has recently pulled back, NYMEX gas continues to push higher. At $6.44, NYMEX gas is currently at an 8-year high.
  • Meantime, forward strip pricing looks strong for the remainder of 2022.
  • Longer-term, continued coal plant shut-downs and the global LNG export market should continue to be tailwinds.

For further details see:

FCG Is Still Attractive (Bullish Nat Gas Strip Pricing)
Stock Information
Company Name: DCP Midstream LP
Stock Symbol: DCP
Market: NYSE
Website: dcpmidstream.com
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