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SU - Natural Gas Priced For Perfection
June, 15 2021 02:55 PM
Suncor Energy Inc.
We are currently short natural gas via a long position in KOLD. Natural gas price surge relates to recent grid pressure in Texas and TETCO outage. Weather is warmer than normal ahead, but the 6-10 day period offers a bearish setup. We see $3.35 as the top of the price band for the summer, so the asymmetry is to the downside in the near term. For further details see:
Natural Gas Priced For Perfection
Stock Information
Company Name:
Suncor Energy Inc.
Stock Symbol:
SU
Market:
NYSE
Website:
suncor.com
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