REX American Resources Corp

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  • uploads///peformance of natural gas weighted stocks
    Miscellaneous

    Did Natural Gas–Weighted Stocks Outperform Natural Gas?

    Between June 13 and June 20, our equally weighted basket of natural gas–weighted stocks rose 4.6%—compared to a 6.2% rise in natural gas for the same period.

    By Rabindra Samanta
  • uploads///UNG  month  Apr
    Macroeconomic Analysis

    Natural Gas: Up for the Second Day on Cold Weather Forecasts

    Natural gas futures for May delivery rose for the second day by 1.20% and settled at $2.60 per MMBtu on April 22, 2015.

    By Gordon Kristopher
  • uploads///NG price forecast
    Energy & Utilities

    Will US Natural Gas Futures Rise in September?

    Hedge funds reduced their net bullish positions on US natural gas futures and options contracts by 2,511 contracts to 81,683 on August 15–22, 2017.

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

    Cold Weather Estimates Drive Natural Gas Prices Higher

    NYMEX-traded natural gas for May increased by 1.54% on April 21, 2015. Prices increased due to cold weather estimates. This could increase the demand for natural gas.

    By Gordon Kristopher
  • uploads///bbdadfafcbfdfeaabaf
    Macroeconomic Analysis

    Natural Gas Prices Are Volatile Due to Inventory Report

    Natural gas prices fell for the fifth time over the last ten days. Prices fell by 4.6% more on the average down-days than on the average up-days.

    By Gordon Kristopher
  • uploads///USO chart  month april
    Macroeconomic Analysis

    WTI Crude Oil Resumes Its Rally on Consensus of Slowing Stock Piles

    NYMEX-traded WTI crude oil for May futures increased by 1.15% on Monday. Prices closed at $56.38 per barrel on April 20, 2015.

    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///Refiners Gainers WU_
    Energy & Utilities

    How Oil and Gas Refining and Marketing Stocks Performed Last Week

    Marathon Petroleum (MPC) was the biggest loser last week from the refining and marketing sector.

    By Nicholas Chapman
  • uploads///ebcfcffcbddfe
    Macroeconomic Analysis

    Natural Gas Prices Rose Due to Weather Estimates

    Natural gas futures contracts for December delivery rose by 2.8% on October 30. Natural gas prices rose for the second day due to the cold weather forecast.

    By Gordon Kristopher
  • uploads///The SP  Outperforms Natural Gas and Crude Oil
    Energy & Utilities

    How Did Natural Gas, Crude Oil, and SPY Fare Last Week?

    For the week ended July 8, 2016, August natural gas futures (UNG) (FCG) (UGAZ) (DGAZ) (BOIL) fell by 6.2%.

    By Rabindra Samanta
  • uploads///NG and ung march
    Company & Industry Overviews

    Natural gas at $2.65 levels seems more likely than $2.75 levels

    Natural gas April futures trading on NYMEX closed at $2.732 per MMBtu on March 10, 2015. This was the fifth up day in the past ten days.

    By Gordon Kristopher
  • uploads///forecast
    Macroeconomic Analysis

    US Natural Gas Price Forecasts for 2017 and 2018

    The EIA estimates that US natural gas prices could average $3.55 per MMBtu in 2017 and $3.73 per MMBtu in 2018. Prices averaged $2.51 per MMBtu in 2016.

    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///bbdaabfaaafbf
    Macroeconomic Analysis

    Natural Gas Prices Rose More than 5% in the Last 3 Sessions

    December natural gas futures trading in NYMEX rose by 0.3% on November 6, 2015. Natural gas prices rose due to the consensus of rising demand.

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

    Natural Gas Prices Could Overshadow the Increasing Stockpile Data

    The EIA will publish the weekly natural gas in storage report on June 11. US commercial natural gas inventories rose by 132 Bcf for the week ending May 29.

    By Gordon Kristopher
  • uploads///image
    Basic Materials

    US Natural Gas Futures Could Continue to Fall

    Hedge funds’ net long positions in US natural gas futures (UGAZ) (UNG) and options contracts were at 5,318 for the week ending January 2, 2018.

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

    US Natural Gas Production Hit a Record in October

    US dry natural gas production rose 0.7% to 76.8 Bcf (billion cubic feet) per day on December 14–20, 2017, according to PointLogic.

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

    Is US Natural Gas Production Helping Natural Gas Bears?

    US dry natural gas production fell by 0.5 Bcf per day or 0.7% to 76.2 Bcf per day on November 30–December 6, 2017, according to PointLogic.

    By Gordon Kristopher
  • uploads///NG Inventory
    Miscellaneous

    US Natural Gas Inventories Could Help Natural Gas Futures

    The EIA reported that US natural gas inventories rose by 65 Bcf (billion cubic feet) to 3,775 Bcf on October 20–27, 2017.

    By Gordon Kristopher
  • uploads///NG inventory
    Miscellaneous

    Will US Natural Gas Inventories Help Natural Gas Futures?

    The EIA (or US Energy Information Administration) published its weekly US natural gas inventory report on October 26, 2017.

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

    Will Mild Weather Impact Natural Gas Prices?

    As of October 23, 2017, Henry Hub natural gas spot prices closed at $2.94 per MMBtu (million British thermal unit).

    By Alexis Tate
  • uploads///NGP
    Energy & Utilities

    How Weather Affects Natural Gas Prices

    On October 16, the November US natural gas futures contract price was reported as $2.95 per MMBtu.

    By Alexis Tate
  • uploads///NG production
    Energy & Utilities

    US Natural Gas Production’s 22-Month High: Will Prices Collapse?

    US dry natural gas production rose by 3 Bcf (billion cubic feet) per day to 75.9 Bcf per day in July 2017—compared with the previous month.

    By Gordon Kristopher
  • uploads///NG prices
    Basic Materials

    US Natural Gas Futures Are near a 5-Week High

    October natural gas (BOIL) (UNG) futures contracts trading on NYMEX rose 2% to $3.04 per MMBtu (million British thermal units) on August 31, 2017.

    By Gordon Kristopher
  • uploads///spring weather
    Basic Materials

    Hurricane Harvey Could Impact Natural Gas Prices

    October natural gas (UGAZ) (DGAZ) futures contracts trading in NYMEX fell 0.2% to $2.91 per MMBtu in electronic trading at 2:00 AM EST on August 28, 2017.

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

    US Weather Could Drive Natural Gas Demand

    US natural gas futures contracts for September delivery were trading flat at $2.96 per MMBtu in electronic trading at 1:45 AM EST on July 28, 2017.

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

    US Natural Gas Production Is near a 2-Year Low

    The EIA estimates that monthly US dry natural gas production fell by 2.37 Bcf per day, or 3.2%, to 71.6 Bcf per day in April 2017—compared to March 2017.

    By Gordon Kristopher
  • uploads///natural gas inventories
    Miscellaneous

    Slowing Natural Gas Inventories Could Drive Prices

    The EIA reported that US natural gas inventories rose by 57 Bcf (billion cubic feet) to 2,945 Bcf on June 30–July 7, 2017.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    US Natural Gas Inventories Are 14% above Their 5-Year Average

    The EIA reported that US natural gas inventories fell by 43 Bcf (billion cubic feet) to 2,049 Bcf from March 17–24. Inventories fell 2.1% week-over-week.

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

    Analyzing US Natural Gas Inventories: Week Ending March 10

    US natural gas inventories are at 2,242 Bcf for the week ending March 10, 2017—21.4% higher than their five-year average.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    US Natural Gas Prices Fell from a 1-Month High

    As of March 16, 2017, natural gas prices were 27.3% below their 12-month highs. Prices fell due to warmer-than-normal weather for this time of the year.

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

    Decoding US Natural Gas Inventories: Week Ending March 3

    The EIA estimates that US natural gas inventories will be at 1,805 Bcf by the end of March 2017—38.2% higher than the five-year average.

    By Gordon Kristopher
  • uploads///Share of Global Ethanol Production in
    Company & Industry Overviews

    Why the US Ethanol Industry Matters from a Global Perspective

    Fossil fuels are non-renewable, and a shortage can wreak havoc on the economy. It was the desire for alternative energy that gave rise to the ethanol industry.

    By Adam Jones
  • uploads///Ethanol Futures Drop
    Company & Industry Overviews

    What May Have Caused Ethanol Prices to Fall Last Week?

    In the United States, regulations mandate the use of biofuels in gasoline. Trump’s appointment of Scott Pruitt as next head of the EPA may be spurring speculation.

    By Adam Jones
  • uploads///IV of upstream stock
    Energy & Utilities

    Top 5 Upstream Stocks with High and Low Implied Volatilities

    On August 5, 2016, Stone Energy (SGY) had the highest implied volatility among the upstream stocks. Its implied volatility was ~355.5%.

    By Rabindra Samanta
  • uploads///returns
    Energy & Utilities

    Returns of Upstream Stocks with High and Low Implied Volatilities

    EQT (EQT) had the lowest implied volatility among all of the upstream stocks on July 29. Its YTD returns were 39.77%. Its five-day returns were -2.93%.

    By Rabindra Samanta
  • uploads///performance of natural gas weighted stock
    Energy & Utilities

    How Did Natural Gas–Weighted Stocks Perform?

    On March 3, 2016, natural gas futures touched a 17-year low of $1.64. From March 3 to July 25, 2016, natural gas rose 65.2%.

    By Rabindra Samanta
  • uploads///IV of upstream stocks
    Energy & Utilities

    Upstream Stocks with High and Low Implied Volatilities

    On July 25, 2016, Halcón Resources (HK) had the highest implied volatility among the upstream stocks. HK’s implied volatility was ~782.1%.

    By Rabindra Samanta
  • uploads///returns of natural gas weighted stocks
    Energy & Utilities

    What Does a Portfolio of Natural Gas–Weighted Stocks Look Like?

    Between July 1 and July 11, 2016, an equally weighted basket of natural gas–weighted stocks fell 3.2%. These stocks operate with a production mix of at least 60% in natural gas.

    By Rabindra Samanta
  • uploads///IV of upstream stocks
    Miscellaneous

    Upstream Stocks with High and Low Implied Volatility

    As of June 17, 2016, Triangle Petroleum (TPLM) had the highest implied volatility among upstream stocks at 225.5. Its 15-day average implied volatility was 232.5.

    By Rabindra Samanta
  • uploads///weather summer
    Macroeconomic Analysis

    Natural Gas Prices Rose 11% Last Week Due to Hot Weather

    The weather is expected to be hotter than normal over the next two weeks in the US. As a result, natural gas prices are up 11% for the week.

    By Gordon Kristopher
  • uploads///natural gas weighted stock performance
    Miscellaneous

    Did Natural-Gas-Weighted Stocks Underperform Natural Gas?

    The relative performance of these natural-gas-weighted stocks could be related to their earnings as well as movements in crude oil (USO) prices.

    By Rabindra Samanta
  • uploads///NG inventory
    Macroeconomic Analysis

    Another Natural Gas Inventory Drawdown Supported Prices

    The EIA (U.S. Energy Information Administration) published its weekly US commercial natural gas inventory report on January 21, 2016.

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

    Natural Gas Trades above Key Support Level

    The US natural gas futures contracts for January delivery broke above the psychological level of $2 per MMBtu (million British thermal units) on Thursday, December 24, 2015.

    By Gordon Kristopher
  • uploads///us census
    Macroeconomic Analysis

    Why Natural Gas Prices Have Rallied 35% Since December 21

    The consensus of cold weather estimates has been driving natural gas prices. February natural gas futures contracts traded on NYMEX rose 6.3% and settled at $2.37 per MMBtu on December 29, 2015.

    By Gordon Kristopher
  • uploads///UNG
    Macroeconomic Analysis

    Normal Weather at Last? Natural Gas Prices Rally on Cold Forecast

    Natural gas prices rallied to their highest level since December 11, 2015, due to speculation of robust demand due to winter weather estimates.

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

    Natural Gas Production Adds Pressure to Oversupplied Market

    US natural gas production from the lower 48 states has risen to 81.7 Bcf per day so far in 2015. Current natural gas production is 1.8% more than last year’s levels.

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

    Demand Consensus Is Negative for Natural Gas Market

    Gas deliveries to electric power plants rose more than 30% in the week ending November 27, as compared to last year. The rising demand from power plants suggests electric power plants could be the key driver in the long term.

    By Gordon Kristopher
  • uploads///NG production charts
    Macroeconomic Analysis

    Natural Gas Production Upticks: More Pain for Natural Gas Prices

    The natural gas production from the US rose slightly by 0.2% for the week ending November 4, 2015—compared to the previous week.

    By Gordon Kristopher
  • uploads///NG production charts
    Macroeconomic Analysis

    Why US Natural Gas Production Could Outpace Demand

    Natural gas production from the lower-48 states of the United States rose to 81.65 billion cubic feet per day for the week ending October 27, 2015.

    By Gordon Kristopher
  • uploads///NG  month  July
    Macroeconomic Analysis

    Natural Gas Prices Settle Closer to the Key Resistance Level

    August natural gas futures contracts trading in NYMEX rose for the third day. Natural gas prices are trading just below the key resistance level of $2.90 per MMBtu.

    By Gordon Kristopher
  • uploads///UNG ETF  July
    Macroeconomic Analysis

    Natural Gas Prices Fall ahead of the EIA’s Report

    Natural gas prices fell by 0.84% and settled at $2.84 per MMBtu on Tuesday, July 14. Natural gas prices fell due to the consensus of rising natural gas stocks.

    By Gordon Kristopher
  • uploads///UNG ETF
    Macroeconomic Analysis

    Natural Gas Prices Rise due to Warmer Weather Estimates

    August natural gas futures rose for the third consecutive day. Natural gas prices rose by 3.24% and closed at $2.86 per MMBtu on July 13, 2015.

    By Gordon Kristopher
  • uploads///NG  month  July
    Macroeconomic Analysis

    Natural Gas Prices Fluctuate in a Narrow Range

    August natural gas futures contracts rose from the key support level of $2.70 per MMBtu and closed at $2.72 MMBtu on July 9, 2015.

    By Gordon Kristopher
  • uploads///NG  month chart  July
    Macroeconomic Analysis

    Will Natural Gas Prices Test the Next Support Level?

    Oversupply concerns and bearish sentiments could drag natural gas prices to the next support of $2.50 per MMBtu. Gas prices tested this level in April 2015.

    By Gordon Kristopher
  • uploads///NG  Month Chart EIA July
    Macroeconomic Analysis

    Why Natural Gas Prices Could Hit New Lows

    The bearish momentum could drag natural gas prices lower. Oversupply factors could see natural gas prices test the key support of $2.50 per MMBtu.

    By Gordon Kristopher
  • uploads///US NG storage June
    Macroeconomic Analysis

    Natural Gas Inventory Estimates Could Pressure Natural Gas Prices

    Despite the warmer weather, a better-than-expected increase in the natural gas stockpile could put pressure on natural gas prices.

    By Gordon Kristopher
  • uploads///Ng consumption may
    Macroeconomic Analysis

    Natural Gas Inventories at Record Level, yet Gas Prices Rise

    The current oversupply situation is greater than demand. The oversupply factor will pressure natural gas prices in the near term.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    Introduction: The Utica Shale is an important emerging oil play

    The Utica Shale has the potential to be a prolific source of hydrocarbons in the US. Read on to find out more about it.

    By Ingrid Pan
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