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...
Natural gas prices stayed remarkably strong this week, despite two very bearish developments. This is actually bullish, when a market won't go down on bad news. Yet I still think this downturn in natural gas prices could be longer than people think. I am not buying natural gas stocks...
Ziff Energy is one of the largest and most respected oil and gas global consulting firms. They just issued a 7 page news release with great statistics, great charts and cartoons that outline very clearly how much money Canadian gas producers are losing for every mcf (million cubic feet...
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...
Investors should overweight natural gas stocks in their portfolio right now, says a specialized oil and gas brokerage firm in Calgary, Alberta.
In a June 4 report, Tristone Capital says investors who wait to invest in natural gas stocks until the natural gas commodity price bottom in late summer –...
By Brian Hoffman, CA, CPA
Prologue-Keith Schaefer
Natural gas prices continue to bounce on the bottom of their recent price range, yet natural gas stocks charts are looking bullish - which means the market really does believe that the sharply lower rig counts across North America will mean a (sharp?) increase in natural...
When I first started the newsletter in January, one of my best stockbroker friends asked me - where do you think the price of oil is going to be at Christmas 2009? I said US$65 or $75. Wow that's high, he said, compared to all other analysts.
But research analysts...
Operating costs are still coming down in North American natural gas and oil plays. This isn't showing up as reduced all-in costs on the financial statements of these energy producers just yet, but it will.
Costs are lowering for two reasons. One is demand destruction, which has cut in half the...