Memorial Resource Development Corp

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  • uploads///NG price forecast
    Energy & Utilities

    US Natural Gas Prices: Moving Averages and Price Forecasts

    The EIA estimates that US natural gas prices could average $3.06 per MMBtu in 2017—1.4% lower than previous estimates.

    By Gordon Kristopher
  • uploads///NG Inventory
    Miscellaneous

    Natural Gas Inventories: Almost 7% Higher than the 5-Year Average

    The EIA reported that US natural gas inventories rose by 46 Bcf (billion cubic feet) to 2,816 Bcf on June 16–23, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Large Rise in US Natural Gas Inventories Pressured Prices

    On May 25, the EIA released its weekly natural gas inventory report. US natural gas inventories rose by 75 Bcf to 2,444 Bcf on May 12–19, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    US Natural Gas Futures: Key Moving Averages and EIA’s Forecast

    As of May 11, 2017, June natural gas futures are above their 20-day, 50-day, 100-day, and 200-day moving averages.

    By Gordon Kristopher
  • uploads///ng production
    Miscellaneous

    How Weekly US Natural Gas Production Trended in Early May

    Weekly US dry natural gas production rose 0.3% to 70 Bcf (billion cubic feet) per day between April 27 and May 3, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    US Natural Gas Prices Are near 2-Month Highs

    As of April 27, 2017, natural gas prices were 19.1% below their December 2016 high. Prices fell due to warmer-than-normal weather for this time of year.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    US Natural Gas Inventories Pressure Prices

    The EIA reported that US natural gas inventories rose by 54 Bcf to 2,115 Bcf on April 7–14, 2017. Inventories rose 2.6% week-over-week but fell 14.8% YoY.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Slowing US Natural Gas Inventories: Bullish for Prices?

    The EIA reported that US natural gas inventories rose by 10.0 Bcf (billion cubic feet) to 2,061 Bcf between March 31, 2017, and April 7, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    The Rise or Fall of US Natural Gas Prices in 2Q17

    As of April 6, 2017, US natural gas prices are above their 20-day, 50-day, 100-day, and 200-day moving averages. That suggests a bullish momentum for natural gas.

    By Gordon Kristopher
  • uploads///rig count
    Miscellaneous

    US Natural Gas Inventories: Bullish or Bearish for Prices?

    The EIA released its weekly natural gas inventory report on April 6, 2017. US natural gas inventories rose 2.0 Bcf to 2,051 Bcf from March 24–31, 2017.

    By Gordon Kristopher
  • uploads///cold weather
    Macroeconomic Analysis

    Will Cold Weather Forecasts Boost Natural Gas Prices?

    The latest weather reports suggest that cold weather will persist for a few days in the northern and eastern parts of the US.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Will US Natural Gas Prices Hit $2.25 per MMBtu?

    The EIA (U.S. Energy Information Administration) estimates that US natural gas prices could average $3.43 per MMBtu in 2017 and $3.70 per MMBtu in 2018.

    By Gordon Kristopher
  • uploads///production
    Macroeconomic Analysis

    US Natural Gas Production Rose Last Week

    The EIA estimates that US dry natural gas production could average 73.7 Bcf per day in 2017 and 77.7 Bcf per day in 2018.

    By Gordon Kristopher
  • uploads///inventory by region
    Macroeconomic Analysis

    Decoding US Natural Gas Inventories: Week Ending February 17

    US natural gas inventories are at 2,356 Bcf for the week ending February 17, 2017—10% lower than the same period in 2016.

    By Gordon Kristopher
  • uploads///inventory by region
    Macroeconomic Analysis

    Analyzing Natural Gas Inventories: Week Ending February 10

    The EIA estimates that US natural gas inventories will be at 1,805 Bcf by the end of March 2017—3.7% higher than the five-year average.

    By Gordon Kristopher
  • uploads///inventory by region
    Macroeconomic Analysis

    Decoding Natural Gas Inventories: Week Ending February 3

    US natural gas inventories are at 2,559 Bcf for the week ending February 3, 2017—11.3% lower than the same period in 2016.

    By Gordon Kristopher
  • uploads///production
    Macroeconomic Analysis

    Could Trump Impact US Natural Gas Production?

    PointLogic reported that US dry natural gas production was flat at 70.4 Bcf (billion cubic feet) per day between January 25, 2017, and February 1, 2017.

    By Gordon Kristopher
  • uploads///production
    Macroeconomic Analysis

    US Natural Gas Production Impacts Natural Gas Prices

    Market data provider PointLogic reported that US dry natural gas production rose 0.4% to 70.4 Bcf (billion cubic feet) per day from January 19–25, 2017.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Natural Gas Inventories Are below the 5-Year Average

    For the week ending January 13, US natural gas inventories were 2.6% lower than the five-year average. They’re also 13% less than the same period in 2016.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    US Natural Gas Inventories Boosted Natural Gas Prices

    The EIA reported that US natural gas inventories fell by 151 Bcf (billion cubic feet) to 3,160 Bcf between December 30, 2016, and January 6, 2017.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Why Are Analysts Bullish on US Natural Gas Prices in 2017?

    US natural gas inventories are 0.6% less than the five-year average. Falling natural gas inventories will support natural gas (FCG) (DGAZ) (BOIL) prices.

    By Gordon Kristopher
  • uploads///ng forecast
    Macroeconomic Analysis

    Analysts’ Estimates for US Natural Gas Prices in 2017

    Aegent Energy Advisors estimates that US natural gas prices won’t exceed $4.11 per MMBtu (million British thermal units) in January 2017.

    By Gordon Kristopher
  • uploads///ng forecast
    Macroeconomic Analysis

    EIA Upgrades US Natural Gas Price Forecasts for 2017

    US natural gas inventories are 6.9% above their five-year average. They’re also near record levels.

    By Gordon Kristopher
  • uploads///NG prices nov
    Macroeconomic Analysis

    Natural Gas Prices Could Be Weak the Rest of 2016

    Aegent Energy Advisors estimates that US natural gas prices won’t exceed $2.92 per MMBtu (million British thermal units) in December 2016.

    By Gordon Kristopher
  • uploads///ng production
    Macroeconomic Analysis

    Trump Could Impact Natural Gas Supplies in the Medium Term

    PointLogic reported that US natural gas supplies rose 0.5% to 77.4 Bcf (billion cubic feet) per day from November 10–16, 2016.

    By Gordon Kristopher
  • uploads///us ng supplies
    Macroeconomic Analysis

    US Natural Gas Supplies Rose in the Week Ending November 9

    Market data provider PointLogic reported that US natural gas supplies rose 0.1% to 77.1 Bcf (billion cubic feet) per day from November 3–9, 2016.

    By Gordon Kristopher
  • uploads///NG prices oct
    Macroeconomic Analysis

    How Will Natural Gas Prices Move in November and Beyond?

    US natural gas inventories are 4.6% above their five-year average. However, the surplus is shrinking.

    By Gordon Kristopher
  • uploads///NG prices oct
    Macroeconomic Analysis

    EIA Upgrades US Natural Gas Price Forecast for 2016 and 2017

    The EIA released its monthly STEO report on October 13. It expects US natural gas prices to average $2.51 per MMBtu in 2016 and $3.07 per MMBtu in 2017.

    By Gordon Kristopher
  • uploads///NG prices September forecast
    Macroeconomic Analysis

    US Natural Gas Price Forecast for 2017 and Beyond

    World Bank forecast that US natural gas prices will average $2.30 per MMBtu in 2016, $3.00 per MMBtu in 2017, and $3.50 per MMBtu in 2018.

    By Gordon Kristopher
  • uploads///weather
    Macroeconomic Analysis

    How’s the Weather Impacting US Natural Gas Prices?

    November natural gas futures contracts rose 0.3% and closed at $3.05 per MMBtu on October 6, 2016. Prices rose despite the warmer-than-normal weather.

    By Gordon Kristopher
  • uploads///ng production
    Macroeconomic Analysis

    Week Ending September 28: US Natural Gas Supplies Were Flat

    PointLogic reported that US natural gas supplies were flat at 77.7 Bcf per day from September 22–28, 2016—1.4% less compared to the same period in 2015.

    By Gordon Kristopher
  • uploads///ng
    Macroeconomic Analysis

    Winter Weather and Inventories Could Impact Natural Gas Prices

    Aegent Energy Advisors estimates that US natural gas prices are expected to trade below $3.27 per MMBtu this winter from November 2016 to March 2017.

    By Gordon Kristopher
  • uploads///IV
    Energy & Utilities

    Option Traders: Look at These Upstream Stocks

    On September 16, 2016, Cobalt International Energy (CIE) had the highest implied volatility among the upstream stocks that are part of XOP.

    By Rabindra Samanta
  • uploads///cftc new
    Macroeconomic Analysis

    Open Interest in US Natural Gas Contracts Rebounds

    Open interest rose by 50,242 contracts between July 26 and August 2. It hit the lowest level of 984,024 since February 2016 in the week ending July 26.

    By Gordon Kristopher
  • uploads///Natural Gas versus Dollar Index
    Energy & Utilities

    Why Isn’t the Dollar Steering Natural Gas Prices?

    Between May 2 and August 10, the US Dollar Index and natural gas prices moved in opposite directions based on the closing price in 35 out of 70 trading sessions.

    By Rabindra Samanta
  • uploads///Natural Gas and Key Moving Averages
    Miscellaneous

    Natural Gas: Why Is It Ignoring Bullish Inventories?

    In the last five trading sessions, natural gas futures have fallen by 9.8%. They closed at ~$2.56 per MMBtu on August 10—down ~2.1% compared to the previous session.

    By Rabindra Samanta
  • uploads///EOG Q Pre Analysts
    Earnings Report

    Wall Street’s Pre-Earnings Release Ratings for EOG Resources

    Currently, ~49% of Wall Street analysts rate EOG Resources (EOG) as a “buy” and ~49% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///DVN Q Pre Analysts
    Earnings Report

    Wall Street’s Pre-Earnings Results Ratings for Devon Energy

    Currently, ~69% of Wall Street analysts rate Devon Energy (DVN) as a “buy” and ~28% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///weather summer
    Macroeconomic Analysis

    Hot Summer Weather Forecast Sends Natural Gas Prices Higher

    Natural gas futures contracts for August delivery rose by 1.5% and settled at $2.69 per MMBtu on July 21. Prices rose due to the hot summer weather forecast.

    By Gordon Kristopher
  • uploads///NG prices
    Energy & Utilities

    The EIA Upgrades US Natural Gas Forecast for 2016

    US natural gas inventories are 22.1% higher than their five-year average. High natural gas inventories could pressure natural gas prices.

    By Gordon Kristopher
  • uploads///NG consumption
    Energy & Utilities

    US Natural Gas Consumption Rose in the Week Ended July 13

    Market intelligence company PointLogic reported that US natural gas consumption rose by 4.4% for the week ended July 13, 2016. compared with the previous week.

    By Gordon Kristopher
  • uploads///weather summer
    Energy & Utilities

    Natural Gas Prices Fell despite Hot Summer Weather Forecast

    August natural gas futures contracts fell by 0.37% and closed at $2.72 per MMBtu on Thursday, July 14. Prices fell due to the larger-than-expected rise in natural gas inventories.

    By Gordon Kristopher
  • uploads///Natural Gas versus Dollar Index
    Energy & Utilities

    How Does the US Dollar Affect Natural Gas Prices?

    Between July 6 and July 13, 2016, natural gas (UNG) (DGAZ) (BOIL) (GASL) (GASX) (DGAZ) (FCG) futures fell by ~1.8%, and the US Dollar Index (UUP) rose by ~0.17%.

    By Rabindra Samanta
  • uploads///NG consumption
    Energy & Utilities

    Why US Natural Gas Consumption Fell for the First Time in 5 Weeks

    PointLogic reported that US natural gas consumption fell by 3.7% between June 30, 2016, and July 6, 2016. This was the first fall in the last five weeks.

    By Gordon Kristopher
  • uploads///cftc new
    Macroeconomic Analysis

    Hedge Funds’ Net Long Positions Rose for the First Time in 5 Weeks

    Net long positions rose by 21,586 contracts to 213,075 contracts for the week ended June 21, 2016, compared to the previous week.

    By Gordon Kristopher
  • uploads///NG prices
    Macroeconomic Analysis

    What’s the Natural Gas Price Forecast for 2016 and 2017?

    The EIA forecast that the US natural gas supply and demand gap will be 4.1 Bcf per day in 2016 and 4.4 Bcf per day in 2017.

    By Gordon Kristopher
  • uploads///DNR Q Hedging Effectiveness
    Company & Industry Overviews

    What Was Denbury Resources’ Hedging Effectiveness?

    Denbury Resources reported profits of ~$72 million on crude oil (USO) derivative settlements in 1Q16. Its hedging effectiveness was ~38%.

    By Nicholas Chapman
  • uploads///NG prices
    Macroeconomic Analysis

    What’s the Natural Gas Price Forecast for the Rest of 2016?

    In its June STEO report, the EIA forecast that US natural gas prices will average $2.29 per MMBtu in 2016 and $3.05 per MMBtu in 2017.

    By Gordon Kristopher
  • uploads///ng production
    Macroeconomic Analysis

    Did Weekly Natural Gas Production and Consumption Rise?

    The EIA (U.S. Energy Information Administration) forecasts that US natural gas production could average ~79.6 Bcf per day and ~81.3 Bcf per day in 2016 and 2017, respectively.

    By Gordon Kristopher
  • uploads///MRD RRC benefits of merger
    Miscellaneous

    What Will Arbs Think of the MRD-RRC Deal?

    This transaction is a classic merger arb core position. The companies are reasonably big and liquid and the deal makes strategic sense. It’s fairly safe.

    By Brent Nyitray, CFA, MBA
  • uploads///MRD RRC comps
    Miscellaneous

    Will the MRD-RRC Deal Get Competitive?

    Range Resources’ (RRC) offer of $15.75 per share was a 17% premium to Memorial Resource Development’s (MRD) price before the deal was announced.

    By Brent Nyitray, CFA, MBA
  • uploads///MRD RRC transaction rationale
    Miscellaneous

    Rationale for the Memorial Resource-Range Resources Transaction

    Range Resources is growing its portfolio in the Southeast US. Natural gas exports seem to be a promising growth area. The deal will enhance its credit profile.

    By Brent Nyitray, CFA, MBA
  • uploads///RRC MRD Merger E Debt
    Miscellaneous

    Will Range Resources’ Debt Burden Increase after the Merger?

    According to Range Resources’ presentation on its merger with Memorial Resource Development, it’s expecting an ~108% boost to its 2016 estimated cash flow.

    By Nicholas Chapman
  • uploads///RRC MRD Merger Stock Prices
    Miscellaneous

    Range Resources to Merge with Memorial Resource Development

    On May 16, 2016, natural gas producers Range Resources (RRC) and Memorial Resource Development (MRD) announced a definitive merger agreement.

    By Nicholas Chapman
  • uploads///ng production
    Macroeconomic Analysis

    US Natural Gas Production, Consumption Should Be Strong in 2016

    The EIA forecasts that US natural gas production could average ~79.6 Bcf (billion cubic feet) per day and ~81.3 Bcf per day in 2016 and 2017, respectively.

    By Gordon Kristopher
  • uploads///MRD Q Post Production
    Earnings Report

    What Were MRD’s Management’s Strategies in 1Q16?

    For 1Q16, Memorial Resource Development (MRD) reported total production of 420 million cubic feet equivalent per day, a rise of ~52% compared to 1Q15.

    By Nicholas Chapman
  • uploads///WPX Q Post EPS
    Earnings Report

    WPX Energy Missed 1Q16 Earnings Estimate by 2 Cents

    WPX Energy (WPX) announced its 1Q16 earnings on May 4, 2016, after the Market closed. WPX reported an adjusted loss of $0.21 per share, which was $0.02 lower than analysts’ consensus.

    By Nicholas Chapman
  • uploads///MUR Q Pre Analysts
    Earnings Report

    What are Wall Street Analysts’ Ratings for Murphy Oil?

    Currently, ~79% of Wall Street analysts rate Murphy Oil (MUR) as a “hold” and ~21% of analysts rate it as a “sell.” There is no “buy” rating on the stock.

    By Nicholas Chapman
  • uploads///MUR Q Pre EPS
    Earnings Report

    What to Expect from Murphy Oil’s 1Q16 Earnings

    Murphy Oil (MUR) is set to report its 1Q16 earnings on May 4, 2016, after the market closes. For 1Q16, Wall Street analysts expect Murphy Oil to report an adjusted loss of $0.68 per share, compared with its 1Q15 loss of $1.11 per share.

    By Nicholas Chapman
  • uploads///OXY Q Pre Analysts
    Earnings Report

    What Are Wall Street Analysts Saying about Occidental Petroleum?

    Currently, ~48% of Wall Street analysts rate Occidental Petroleum (OXY) as a “buy” and ~41% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///PXD Q Post EPS
    Earnings Report

    Pioneer Natural Resources: How Did It Perform in 1Q16?

    Pioneer Natural Resources (PXD) announced its 1Q16 earnings on April 25, 2016, after the market close.

    By Nicholas Chapman
  • uploads///SWN Q Post Analysts
    Earnings Report

    How Is Southwestern Energy Rated after 1Q16 Earnings?

    Tudor, Pickering, Holt & Co. assigned Southwestern Energy (SWN) the highest target price of $18, which is ~69% higher than the closing price of $10.67 on April 21.

    By Nicholas Chapman
  • uploads///MRD Industry Leading Hedge Position
    Company & Industry Overviews

    Memorial Resource Development: 100% Hedge Protection

    In 4Q15, Memorial Resource Development exchanged its existing 2018 crude oil (USO) (SCO) and natural gas (UNG) (UGAZ) (DGAZ) hedges.

    By Nicholas Chapman
  • uploads///NG prices
    Macroeconomic Analysis

    What’s the Long-Term US Natural Gas Price Forecast?

    In its March Short-Term Energy Outlook report, the EIA forecast that the US natural gas supply-demand balance could average around 2.9 Bcf per day in 2016.

    By Gordon Kristopher
  • uploads///NG prices
    Macroeconomic Analysis

    Behind the Natural Gas Price Forecasts for 2016 and 2017

    In its March report, the EIA stated that the US natural gas supply-demand gap could average 2.89 Bcf per day in 2016 and rise to 4.05 Bcf per day in 2017.

    By Gordon Kristopher
  • uploads///NG prices
    Macroeconomic Analysis

    What’s the Long-Term Forecast for Natural Gas Prices?

    US natural gas prices have fallen for the third time in the last five trading sessions. Prices are following the long-term bearish trend and trading close to 16-year lows.

    By Gordon Kristopher
  • uploads///U
    Macroeconomic Analysis

    What Led Natural Gas Prices to Fall?

    The EIA, in its November Short-Term Energy Outlook, reported that natural gas inventories for the week ending October 30 reached 3,929 billion cubic feet.

    By Manu Milan
  • uploads///weather ng
    Macroeconomic Analysis

    Weather Will Likely Drive Natural Gas Prices in the Short Term

    The US government’s global forecast model estimates that the weather will likely be colder than normal in November. Cold weather impacts the heating needs.

    By Gordon Kristopher
  • uploads///ng inventory
    Macroeconomic Analysis

    What’s the EIA’s Consensus on Natural Gas Stocks?

    The EIA published its natural gas stocks report on November 5. Natural gas stocks rose by 52 Bcf to 3,929 Bcf for the week ending October 30, 2015.

    By Gordon Kristopher
  • uploads///NG inventory
    Macroeconomic Analysis

    Will Natural Gas Stocks’ Data Put Pressure on Natural Gas Prices?

    The current natural gas stocks are 11.8% more than the level of 3,468 Bcf in 2014. They’re also 4.1% greater than the five-year seasonal average of 3,724 Bcf.

    By Gordon Kristopher
  • uploads///NG inventory
    Macroeconomic Analysis

    Will the Natural Gas Inventory Rise for the 31st Straight Week?

    The natural gas inventory rose to 3,877 Bcf for the 30th consecutive week in the week ending October 23, 2015.

    By Gordon Kristopher
  • uploads///NG used for elec production
    Macroeconomic Analysis

    Inventory and Demand Could Drive Natural Gas Prices Lower

    US households use 49% of the natural gas for heating needs. The lower cost of natural gas and clean energy will drive the demand for natural gas.

    By Gordon Kristopher
  • uploads///weather ng
    Macroeconomic Analysis

    Weather: Key Catalyst for Natural Gas Prices in the Short Term

    Warm weather was the catalyst that killed the natural gas market in October. Prices fell 8% in October due to warmer-than-normal winter weather estimates.

    By Gordon Kristopher
  • uploads///NG inventory
    Macroeconomic Analysis

    Weekly US Natural Gas Inventories Have Risen Since April 2015

    According to the EIA, US natural gas stocks rose by 63 billion cubic feet to 3,877 Bcf for the week ended October 23, 2015.

    By Gordon Kristopher
  • uploads///NG inventory chart
    Macroeconomic Analysis

    Will Natural Gas Inventories Rise for a Thirtieth Straight Week?

    Government data showed natural gas inventories rose by 81 Bcf (billion cubic feet) to 3,814 Bcf for the week ended October 16, 2015.

    By Gordon Kristopher
  • uploads///NG inventory chart
    Macroeconomic Analysis

    Record Natural Gas Inventory: Downward Pressure on Prices

    For the week ending October 24, 2014, natural gas stocks rose by 87 Bcf. Mild winter weather and record production could push natural gas inventory higher.

    By Gordon Kristopher
  • uploads///NG Inventory
    Macroeconomic Analysis

    US Natural Gas Inventory Rose for the 29th Straight Week

    According to the EIA, natural gas inventory rose 81 Bcf to 3,814 Bcf for the week ended October 16, 2015. It rose due to increasing natural gas production and a mild winter forecast.

    By Gordon Kristopher
  • uploads///NG inventory chart
    Macroeconomic Analysis

    Natural Gas Stockpile Report Drives Natural Gas Prices

    The EIA released its weekly natural gas stockpile report on October 8. Natural gas stockpile rose 95 Bcf in the week ended October 2. Natural gas inventory rose 98 Bcf in the week ended September 25.

    By Gordon Kristopher
  • uploads///NG inventory
    Macroeconomic Analysis

    Natural Gas Inventory Data Could Push Prices Lower

    Natural gas inventories rose by 98 Bcf (billion cubic feet) to 3,538 Bcf in the week ending September 25, which was the 26th straight week of increases.

    By Gordon Kristopher
  • uploads///NG three months futures price chart
    Macroeconomic Analysis

    Natural Gas Prices Hit Key Resistance of $2.90 MMBtu

    August natural gas futures contracts trading on the NYMEX resumed their rally on Thursday, July 15, 2015.

    By Gordon Kristopher
  • uploads///US NG inventory May
    Macroeconomic Analysis

    Natural Gas Prices Outperform the United States Natural Gas Fund

    Bloomberg estimates show that inventories will rise by 110 Bcf for the week ending May 22, 2015. This will put pressure on natural gas prices.

    By Gordon Kristopher
  • uploads///us ng inventory may
    Macroeconomic Analysis

    Electric Power Plants Boost the Demand for Natural Gas

    The demand for natural gas increased from electric power plants. Gas deliveries to power plants increased to 26.5 Bcf—compared to 23.4 Bcf last year.

    By Gordon Kristopher
  • uploads///gas supply and demand
    Macroeconomic Analysis

    Supply and Demand Imbalance: Natural Gas Prices Are Pressured

    The EIA published the weekly natural gas report on May 7. Weekly natural gas inventories increased by 76 Bcf to 1,786 Bcf from 1,710 Bcf for the week ending May 1.

    By Gordon Kristopher
  • uploads///ung  month may
    Macroeconomic Analysis

    Natural Gas Prices Decline on Massive Stockpile Data

    NYMEX-traded June natural gas futures declined by 1.51%—led by a massive increase in inventory data. Gas prices fell for the third day in a row.

    By Gordon Kristopher
  • uploads///gas inventory may
    Macroeconomic Analysis

    Slowing Demand and Increasing Stockpile Put Pressure on Gas Prices

    Mild weather estimates are driving natural gas prices this week. These estimates could also drive gas prices next week.

    By Gordon Kristopher
  • uploads///ung  month may
    Macroeconomic Analysis

    Natural Gas Prices Drop Again Ahead of the Inventory Report

    Natural gas futures for June delivery dropped marginally by 0.14%—led by the consensus of an increasing stockpile. Prices dropped for the second day.

    By Gordon Kristopher
  • uploads///NG inventory chart
    Macroeconomic Analysis

    Natural Gas Supplies Continue to Increase from the Lower 48 States

    The EIA will publish the natural gas report tomorrow. The weekly gas in storage rose by 81 Bcf to 1,710 Bcf from 1,629 Bcf for the week ending April 24.

    By Gordon Kristopher
  • uploads///elec consumption
    Macroeconomic Analysis

    Increase Expected: Electricity Consumption and Natural Gas Flows

    Last week, the EIA published the weekly natural gas storage report on April 30, 2015. The weekly natural gas in storage increased by 81 Bcf.

    By Gordon Kristopher
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