Top Upstream Gainers in the Trailing Week
On November 12–19, upstream stock Concho Resources (CXO) gained the most on our list of upstream energy stocks.
Hedge Funds’ Net Long Positions in US Natural Gas
Hedge funds decreased their net bullish positions in US natural gas futures and options 1.9% to 186,799 on June 12–19.
Analyzing US Natural Gas Consumption Trends
PointLogic estimates that US natural gas consumption dropped ~1.4% to 56.7 Bcf per day on May 17–23.
Is US Natural Gas Consumption Trending Higher?
PointLogic, a market intelligence company, estimates that US natural gas consumption increased ~4% to 57.5 Bcf per day on May 10–16.
Wall Street’s Targets for the Best-Performing Upstream Stocks
We’ll now look at Wall Street’s recommendations for the leading gainers in 2018 from the US oil and gas production, or upstream, sector.
Enerplus: 2018’s Third-Best-Performing Upstream Stock
In 2018, Enerplus (ERF) is the third-best-performing US upstream stock. Enerplus mainly operates in North American resource plays.
Why W&T Offshore Is Rising So Strongly in 2018
In 2018 so far, W&T Offshore (WTI) is turning out to be the second-best-performing energy stock from the US oil and gas production, or upstream, sector.
Upstream Gainers This Week: Whiting Petroleum Leads
In this article, we’ll look at the top percentage of gainers from the oil and gas production (or upstream) sector in the United States for the current week, which started on January 15, 2018.
Upstream Losers: JONE, TELL, KOS, LPI, and ERF
In the week starting October 2, 2017, Jones Energy (JONE) has fallen ~9.0%, from $1.92 to $1.74. It has fallen every day so far this week.
Upstream Low Performers: PE, VET, ERF, AREX, and TELL
Having looked at the percentage gainers, we’ll now move on to the percentage losers from the oil and gas production—or upstream—sector in the United States this week.
Natural Gas Consumption Decreased in the Week Ending May 1
The EIA’s STEO was released on April 7. It forecasts that total natural gas consumption will average 76.3 Bcf/d in 2015 and 75.8 Bcf/d in 2016.
Natural Gas Prices Fell due to Bearish Weather and Inventory Data
Natural gas prices mostly fell between May 4 and May 7. They closed at $2.734 per MMBtu on Thursday, May 7—1.5% lower than last Friday’s close of $2.776.
Natural Gas Consumption Increases in Week to April 24
Last week, total US natural gas consumption increased 6.7% due to colder weather. It rose 18.4% in residential and commercial, 2.5% in industrial, and 0.4% in power generation.