GAZB News and Press, Barclays Bank PLC From 05/20/20

Shortly after the price of crude oil crashed into negative territory, I posted an article about where I think the energy sector might go and what the opportunities were. My assessment was that the opportunities would be in natural gas and midstream transportation and storage, and also lower ...

Natural gas ( NG1:COM ) continues to climb higher, with June futures up ~$0.05 to $1.833/MMBtu on Nymex, after EQT's ( EQT +1.4% ) move to shut wells helped send U.S. production to the lowest levels since summer 2018. More news on: Natural Gas Futures, EQT Corporation, The United State...

Natural gas closed +8.3% to $1.78/MMBtu despite a $0.05 drop in the final 10 minutes of trade, as some estimates showed dry gas production fell to near 88B cf/day over the weekend from 90B cf/day late last week. More news on: The United States Natural Gas ETF, LP, VelocityShares 3x Long ...

The U.S. Energy Information Administration has recently released their natural gas monthly statistics for February 2020. In this article, we will briefly review their consumption and exports figures, then look at our estimates for February and March, and conclude with our latest forecast for M...

Welcome to the weak cash market edition of Natural Gas Daily! Mother Nature has given the natural gas market a boost over the last 2 weeks. April was much colder than normal, with May starting off colder as well. But even though TDDs were close to doubling the seasonal average, the cash ...

The Weather Last week Last week (ending May 8), the number of heating degree days (HDDs) increased by 7.5% w-o-w (from 49 to 52), while the number of cooling degree days (CDDs) increased by as much as 42% (from 20 to 28). We estimate that total energy demand (as measured in total degree ...

Natural gas prices ( NG1:COM ) fall as much as 3% to $1.77/MMBtu and could be headed to the lowest closing price in more than two weeks, as investors see increasing signs the commodity is starting to feel a delayed impact from coronavirus; currently, June Nymex gas -2.8% at $1.775/MMBtu....

Cabot Oil & Gas ( COG -5% ), EQT Corp. ( EQT -3.4% ) and CNX Resources ( CNX -2.4% ) are lower after Tudor Pickering Holt downgrades shares to Hold from Buy after the group outperformed peers recently. More news on: Cabot Oil & Gas Corporation, EQT Corporation, CNX Resource...

April 20 was a memorable day in the crude oil market as the price of the energy commodity fell to a new all-time low and below zero for the first time. On that day, while all eyes were watching the price action on petroleum, natural gas sent the market a signal, and it was not bearish. Jun...

Markets have settled and recovered from the initial shock of the coronavirus spread and the response of governments around the US and the world to lock down the economy. But while the major US indices have approached, if not quite matched, the fabled v-shaped recovery, there are still plenty o...