Investment Thesis
Provided what's given, overall sentiment is seen as neutral as there's not enough support at this time to send prices markedly higher or lower. That said, natural gas prices should remain within a range above $2.50.
Natural gas futures edge higher on Thursday despite mixed forecast model solutions and a slight bearish miss in the inventory report
On Thursday, the December contract settled higher 4.7 cents ($0.047) to $2.647/MMBtu. Further down the strip, the January contract settled up 2.7 cents ($0.027) to $2.719/MMBtu, the February contract settled up 1.6 cents ($0.016) to $2.666/MMBtu,