By Brian Hoffman, CPA, CA
Natural-gas prices have shown some strength recently, piggy-backing on higher oil prices. Although last week's higher than expected gas storage update is bearish in the short-term for natural-gas prices, the longer term outlook bodes well for significantly higher natural-gas prices.
Although oil prices will also probably...
Or did investors come to believe that the natural gas price is a runaway train on a dead end track?
Despite a natural gas injection this week (52 bcf) that was smaller than forecast, and quite a bit less last year's 88 bcf injection (and less than 5 year average injection...
Could the natural gas ETF (UNG-NYSE) lose its tracking of natural gas prices? In one very specific (and quite realistic) circumstance, it could. And could it possibly skew the real, physical price of natural gas in the US? Many people say it is doing that right now, which is...
Pipeline behemoth Kinder Morgan (KMI-NYSE) cut its dividend last night by 75%--ending a three year string of getting their money for nothing and your dividends for free (with apologies to the band Dire Straits).
This issue is causing investors to give all North American pipeline stocks a higher discount rate--and...
In Part One of this series I introduced readers to “Kurt’s Bible” a great piece of energy stock investing wisdom written by Canadian energy analyst Kurt Molnar of Raymond James.
In Part Two here, I want to warn energy stock investors of a huge risk that they are taking if...
There are striking similarities between the stock charts of the US ETF for natural gas (UNG-NYSE) now and where the stock chart for the US ETF for oil (USO-NYSE) was in December-February.
(An ETF, or exchange traded fund, is a security that tracks an index but trades like a stock.)
The...
By Brian Hoffman, CA, CPA
Oil prices have made a big move up since March with the recent move to almost US$73 per barrel retracing over a third of the drop from the US$147 peak last summer to the low of almost $US30 earlier this year.
Retracements during market rallies generally...