Gulfport Energy Corp
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Natural Gas Prices: What Could Impact Next Week?
On September 27, natural gas prices declined 1% and settled at $2.40 per MMBtu. The United States Natural Gas Fund LP (UNG) fell 2% on the same day.
Where Natural Gas Prices Could End Up Next Week
On September 12, natural gas prices rose 0.9% to $2.574 per MMBtu, and the EIA reported its natural gas inventories for the week that ended on September 6.
August 23 EIA Report: Will Natural Gas Prices Rise?
Henry Hub natural gas prices rose 2.79% after the EIA released its natural gas inventories for the week ended August 23. The EIA reported a rise of 60 Bcf.
What Do Natural Gas Fundamentals Suggest for 2H 2019?
For the rest of this year, Henry Hub natural gas spot prices will be at a mean price of 2.50 per million British thermal units.
Will Natural Gas Continue to Rise?
As of 3:42 AM ET on June 28, natural gas active futures were almost flat. Natural gas prices could close 6.5% higher than the previous week.
Natural Gas: Change in Inventories Could Boost Its Prospects
Any rise less than ~64 billion cubic feet could cause the inventories spread to expand more into the negative territory—a positive development for natural gas prices.
Rise in Natural Gas Production Might Not Be Avoided
Southwestern Energy and Gulfport Energy’s EPS will likely fall 51.8% and 18.2%, respectively, in the second quarter on a sequential basis based on analysts’ consensus estimates.
Will Natural Gas’s Trend Reverse?
On June 20, natural gas active futures fell 4.3% and settled at $2.166 per million British thermal units due to bearish inventory data. The natural gas active futures are at a new three-year low.
Will Natural Gas Continue to Fall?
On June 18, natural gas July futures fell 2.4% and settled at $2.33 per million British thermal units. On the same day, Chesapeake Energy (CHK) and Gulfport Energy (GPOR) rose 3.8% and 1.8%, respectively.
Oil Rigs Sounding Alarm for Natural Gas Supply this Summer
The natural gas rig count was at 186 last week, two more than the previous week. The natural gas rig count has fallen ~88.4% from its record level of 1,606 in 2008.
Will Rise in Natural Gas Prices Continue?
On June 11, natural gas July futures rose 1.8% and settled at $2.399 per MMBtu (million British thermal units).
Will Natural Gas Recover from Its Three-Year Low?
On June 4, the natural gas July futures rose 0.5% from the lowest closing level in three years and settled at $2.416 per MMBtu.
Will EIA Inventory Data Support Natural Gas Prices?
On May 30, the EIA is scheduled to release its natural gas inventory report for the week ending May 24.
Is the Fall In Oil Rig Count Reducing Natural Gas Supplies?
The natural gas rig count was at 186 last week. The natural gas rig count has fallen ~88.4% from its record level of 1,606 in 2008.
Natural Gas Prices: The Key Drivers
On May 28, natural gas July futures fell 1% and settled at $2.58 per MMBtu (million British thermal units).
Are Natural Gas–Weighted Stocks Avoiding Energy Commodities?
Except for Gulfport Energy and Chesapeake Energy, the remaining natural gas–weighted stocks had negative correlations with US crude oil prices.
Oil Rig at One-Year Low, Might Benefit Gas-Weighted Stocks
The natural gas rig count was at 185 last week. The natural gas rig count has fallen ~88.5% from its record level of 1,606 in 2008.
Natural Gas: Dullest May Month since 2014
On May 21, natural gas June futures fell 2.2% and settled at $2.61 per MMBtu—4.9% above the lowest closing level since June 6, 2016.
What Could Impact Natural Gas This Week?
At 7:15 AM EST on May 20, the natural gas active futures have risen more than 2%. US crude oil is trading 0.4% higher than the closing level last week.
Oil Rigs Impact Natural Gas and Energy Stocks
The natural gas rig count was at 183 last week. The natural gas rig count has fallen ~88.6% from its record level of 1,606 in 2008.
Oil Rigs Are Important to Natural Gas–Weighted Stocks
The natural gas rig count was at 183 last week. The natural gas rig count has fallen ~88.6% from its record level of 1,606 in 2008.
Are Natural Gas Moves Slowing?
On May 7, natural gas June futures rose 0.5% and settled at $2.53 per MMBtu—1.6% above the lowest closing level since June 6, 2016.
Higher Inventories Might Support Natural Gas
On April 18, the EIA (U.S. Energy Information Administration) is scheduled to release its natural gas inventory report for the week ending April 12.
What to Expect from Natural Gas Inventories This Week
On March 14, the EIA (U.S. Energy Information Administration) is scheduled to release its natural gas inventory report for the week ending March 8.
EIA Inventory Data Pushed Natural Gas Slightly
Today, the EIA released its natural gas inventory data for the week ended February 22. It reported a decline of 166 Bcf (billion cubic feet) in natural gas inventories.
Natural Gas Fell, Impacted Natural Gas ETFs
On January 25–February 1, the United States Natural Gas ETF (UNG) fell 10.8%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 20.8%.
Comparing Natural Gas ETFs’ Performances to Natural Gas Prices
Between January 18 and January 25, the United States Natural Gas ETF fell 3.6%, while the ProShares Ultra Bloomberg Natural Gas ETF fell 8.1%.
Gulfport Energy: Top Outperformer in the Upstream Space
On January 11–18, Gulfport Energy (GPOR) gained the most on our list of upstream energy stocks from XOP.
Which Natural Gas–Weighted Stocks Are Aligned with Oil Prices?
Gulfport Energy (GPOR) and Chesapeake Energy (CHK) had correlations of 89.5% and 72.4%, respectively, with US crude oil prices.
Natural Gas Futures Spread Is Showing Interesting Divergence
On January 8, the natural gas futures for February 2019 closed at a discount of ~$0.07 to the February 2020 futures.
Why EIA Data Might Not Satisfy Natural Gas Bulls
In the week ending on December 28, the inventories spread was -17.2%.
Futures Spread: Natural Gas Prices Might Be in Trouble
On December 31, the natural gas futures for February 2019 closed at a discount of ~$0.06 to the February 2020 futures.
Analyzing Natural Gas ETFs Last Week
On December 21–28, the United States Natural Gas ETF (UNG) fell 9.4%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 17.5%.
Why Temperature Forecasts Aren’t Boosting Natural Gas Prices
From December 19 to 26, natural gas February futures fell 5.3% and settled at $3.458 per MMBtu (million British thermal units).
Analyzing the Futures Spread and Natural Gas Prices
On December 24, the natural gas futures for February 2019 closed at a premium of ~$0.35 to the February 2020 futures.
Natural Gas: What Might Be the Downside Next Week?
On December 20, natural gas’s implied volatility was ~75%, which was ~9.1% below its 15-day moving average.
Analyzing the Natural Gas Futures Spread
On December 18, the natural gas futures for January 2019 closed at a premium of ~$0.7 to the January 2020 futures.
JPMorgan Was Cautious on These Upstream Stocks Last Week
On December 7, JPMorgan Chase (JPM) cut Chesapeake Energy (CHK) from a “neutral” to an “underweight” rating.
Analyzing Natural Gas ETFs’ Returns Last Week
On November 23–30, the United States Natural Gas ETF (UNG) rose 2.6%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 5%.
Is Oil Offsetting Natural Gas’s Impact on Gas-Weighted Stocks?
On November 7–14, our list of natural gas–weighted stocks fell 3.7% despite a rise of 36.1% in natural gas December futures.
Natural Gas’s Whopping Upside: Gas ETFs React
On November 2–9, the United States Natural Gas ETF (UNG) rose 13%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 25%.
Weather Forecast Could Push Natural Gas to Its 2018 High
On November 8, natural gas’s implied volatility was 47.4%, which was ~10.7% above its 15-day moving average.
Did Natural Gas ETFs Underperform Natural Gas’s Rise Last Week?
On October 26–November 2, UNG rose 1.5%, while BOIL rose 0.3%. These ETFs track natural gas futures.
Oil Is Steering Natural Gas–Weighted Stocks’ Returns
On October 10–17, our list of natural gas–weighted stocks fell 0.3%, while natural gas November futures rose 1.1%.
Higher EIA Inventory Data Might Be Bullish for Natural Gas
In the week ending on October 5, the inventories spread was -17%. The spread contracted by 50 basis points compared to the previous week.
Futures Spread: Less Bullish Sentiments for Natural Gas
On October 16, the natural gas futures for November closed at a premium of ~$0.42 to the November 2019 futures.
Natural Gas’s Rise: Which Gas-Weighted Stocks to Watch
On October 10, natural gas November futures rose 0.6% and settled at $3.284 per MMBtu—the highest closing level since January 29.
Weakest Upstream Stocks in the Week Ending September 28
Southwestern Energy (SWN) was the weakest upstream stock in the week ending September 28. Southwestern Energy fell 10.8% last week.
Where Natural Gas Could End Next Week
Natural gas futures are expected to close between $2.74 and $2.90 per MMBtu (million British thermal units) 68.0% of the time until September 21.
Have Natural Gas ETFs Fallen More than Natural Gas?
Natural gas October futures fell 4.8% last week. BOIL underperformed natural gas futures and UNG during this period.
