Natural Gas

natural gas companies, natural gas prices

WHY DOES RICK SOUND SO HAPPY IN THIS ENERGY MARKET? INTERVIEW WITH RICK RULE, SPROTT US HOLDINGS INC. Rick Rule is a naturally happy guy, despite being immersed in one of the most depressed parts of the economy right now.  I’ve known Rick for almost two decades, and it was his...
Many of the leading Canadian natgas/condensate producers have exciting (bullish) short term stock charts—just at a time when one fundamental natgas chart looks ominously bearish.  The Big Play for natgas in Canada is the liquids-rich Montney formation on the BC-Alberta border. It is the Eagle Ford of Canada, with very...
If Natgas Production is Falling, Why Aren’t Natgas Stocks Rising? Has U.S. shale gas production finally stopped growing?  According to the EIA’s August Monthly Drilling Productivity Reports (DPR) the answer is yes—even the monster Marcellus play in Pennslvania is rolling over in production--and that should be bullish for natgas stocks...
By: Bill Powers Sanford Bernstein is a boutique brokerage firm that the Market considers "smart money".  But I have hard time believing their May 4th call that Marcellus/Utica gas production will jump a net 10 bcf/d by 2018. My main doubt comes from Chesapeake (CHK-NYSE) as they are in the process...
I’m going to run through a few seemingly unrelated facts here fairly quickly, but the message is: the North American energy market is so opaque right now—because fundamentals are changing so fast—that my #1 2015 credo—SMALL POSITIONS—still holds true.  And be prepared to change your mind in a hurry. This...
DOES NEW ENGLAND HAVE A NATURAL GAS DILEMMA? or....Deep Panuke Part II By Bill Powers Part I is here. Natural gas discoveries in offshore Nova Scotia were supposed to help supply New England with years and years of natural gas supply.  But Exxon has already left the area (Sable Island) and Encana’s reservoirs...
Why EnCana’s Deep Panuke Problems Matter for New England By: Bill Powers Encana Corporation (ECA-NYSE/TSX) got lucky with high gas prices for its Deep Panuke project offshore Nova Scotia—but the failure of that play does not bode well for New England natural gas prices. Along with Exxon’s Sable Island Energy Project (SOEP), also...
Why are recent natural gas deals in the Western Canadian Sedimentary Basin (WCSB) getting done at very expensive metrics, when the consensus for Canadian gas prices in the near to medium term is lower—potentially a lot lower? The obvious answer is LNG—Liquid Natural Gas exports; even though the first exports...