United States Natural Gas ETF
Latest United States Natural Gas ETF News and Updates

Natural Gas Prices Are Following the Price Channel
Mild weather and rising inventory estimates could drag natural gas prices lower. The key support for natural gas prices is seen at $2.60 per MMBtu.

Which Commodities Pulled Down CSX’s Carloads in the Week?
In the week ended October 1, 2016, CSX’s overall carloads reported a fall of 5.6% compared to the week ended October 3, 2015.

Why natural gas rigs aren’t likely to rise much through year-end
Natural gas rigs remain down since the beginning of the year, with no major catalyst for them to increase in the medium term.

Where Will Commodities Head during Trump’s Term?
Donald Trump’s policies are aimed at strengthening job markets in the United States (VFINX) (IVV).

Cold weather and bullish inventories boosted natural gas prices
Natural gas prices rose last week in response to a bullish inventory report and expected cold weather.

ConocoPhillips Is Nearing the $40 Price Level
ConocoPhillips stock is nearing its psychologically important price level of $40. It hasn’t been able to break above this level since January 5.

Union Pacific’s Carloads Slide Less than Rival BNSF Railway’s Railcars
Union Pacific’s combined coal and coke carloads fell by 26.2% in the latest reported week of 2016 on a year-over-year basis.

Why higher natural gas rig counts may be a positive signal
U.S. natural gas rigs remain elevated 10% since late June.

Natural Gas Prices Driving Chesapeake Energy Stock in 2017
Chesapeake Energy’s (CHK) 2016 debt management efforts included a combination of debt exchanges, open market repurchases, and equity-for-debt exchanges.

Natural Gas Prices: Is a Reversal Possible?
On July 19, 2017, natural gas August futures closed at $3.07 per MMBtu (million British thermal units), 0.7% below their previous settling price.

How Energy Commodities Performed from June 18–20
Energy stocks are rising this week. The Energy Select Sector SPDR ETF (XLE) has risen 1.2% from June 18–20.

World Bank: US Natural Gas Prices Could Trade Higher in 2017
US natural gas inventories are 16.4% more than their five-year average. High natural gas inventories could keep a lid on US natural gas prices.

CSX Trails Norfolk Southern in Total Railcar Units
In the week ending March 26, 2016, CSX’s (CSX) railcar units, excluding coal and coke, fell by 8.0%.

Inside Marathon Oil’s Stock Performance Last Week
Marathon Oil’s stock price fell from $15.91 to $15.16 last week, while crude oil prices fell from $53.18 per barrel to $49.62 per barrel.

Why COG Is the Second-Best-Performing Upstream Stock Year-to-Date
In 9M17, Cabot Oil & Gas (COG) reported revenues of ~$1.4 billion, which is ~63.0% higher than its 9M16 revenues of ~$839.0 million.

Denbury Resources’ Production Fell to a 3-Year Low in 2Q17
For 2Q17, Denbury Resources’ continuing production averaged 59.8 Mboepd, which is ~5% lower than its 2Q16 continuing production of ~63.0 Mboepd.

Natural Gas Could Test the Key Support of $2.50 per MMBtu
The key support level for natural gas is seen at $2.50 per MMBtu. Prices hit this mark multiple times in April 2015. Resistance is seen at $2.75 per MMBtu.
Why smaller oil and gas firms are foraying into high yield debt
High yield debt markets saw $6 billion worth of new supply issued across 12 transactions in the week ending October 24.

Range Resources’ 2Q16 Earnings Are Better Than Expected
In this series, we’ll analyze Range Resources’ 2Q16 earnings and revenue and look at its cash flow, operational performance, analyst ratings, and price forecasts.

Natural Gas Prices Are Trading Close to the Key Resistance
September natural gas futures contracts rose for the third day in a row. Natural gas prices have been trading close to the key resistance of $2.90 per MMBtu.

Boardwalk Pipeline Partners: 2014 guidance and 2013 results
On February 10, 2014, Boardwalk Pipeline Partners (BWP) announced 4Q13 and FY2013 results. The company reported 4Q13 adjusted EBITDA of $129.6 million.

Natural Gas Prices Slump due to Increasing Inventory Data
Natural gas futures for July delivery slumped by 4.95% on Thursday. Natural gas prices declined due to rising inventory data. It continued its losing streak.

Did Coal Boost CSX’s Carloads in the Second Week of 2017?
CSX’s carloads In the week ended January 14, 2017, CSX’s (CSX) overall railcar volumes rose 3.1% YoY (year-over-year). In the second week of 2017, CSX hauled over 68,000 railcars, compared with over 66,000 railcars in the comparable week last year. The company’s carloads, excluding coal and coke, rose 0.8%—a smaller rise than Norfolk Southern’s (NSC). […]

Must-know: Why natural gas prices had another strong rally
Natural gas continued to climb on the week, as the markets expected cold weather to boost demand, a positive short-term and medium-term indicator.

Why EQT Stock Fell after Its 3Q17 Earnings
After EQT’s 3Q17 earnings release on October 26, its stock fell ~1.3%. The stock likely fell due to the 3Q17 revenue miss and fall in natural gas prices.

What Just Happened to ConocoPhillips Stock?
Last week (ended May 26), crude oil prices fell from $50.67 per barrel to $49.80 per barrel.

Natural gas producers declining due to expected warm weather
Last week temperatures were colder than normal, however, natural gas fell steeply on the week despite this.

Drill Down into California Resources’ 2Q17 Operational Performance
For 2Q17, California Resources (CRC) reported total production of 129 Mboepd, which is below the midpoint production guidance of 128 Mboepd to 133 Mboepd.

Why Did the EIA Cut Its Production Estimates for Natural Gas?
The EIA (U.S. Energy Information Administration) lowered its production estimates for natural gas. The fall in production corresponds to lower natural gas prices.

Could Crude Oil Prices Give Chesapeake Stock a Much-Needed Boost?
Chesapeake Energy (CHK) stock has been choppy in the last few weeks, and its stock has been following the movements in energy prices. Since the beginning of 2017, CHK stock has fallen 28%.

How Kansas City Southern Beat Revenue Estimate in 4Q17
In the fourth quarter 2017, Kansas City Southern (KSU) reported revenue of $660.4 million, exceeding analysts’ revenue estimates by 0.6%.

What to Expect from GasLog Partners’ Upcoming 1Q18 Results
GasLog Partners (GLOP) plans to release its 1Q18 results before the market opens on April 27.

How Has Cabot Oil & Gas Stock Performed in 2017?
Unlike most energy stocks, Cabot Oil & Gas (COG) stock has increased this year. Since January, Cabot Oil & Gas stock has risen ~10%.

Morgan Stanley Upgrades GasLog
In June 2017, Morgan Stanley upgraded GasLog (GLOG) to “overweight” from “equal weight.”

Monthly US Natural Gas Production Fell in October
The EIA estimated that US-marketed natural gas production fell by 0.64 Bcf per day to 77.93 Bcf per day in October—compared to September 2016.

Despite a Rise in Coal, CSX’s Volumes Fell in Week 16
In the week ended April 22, 2017, CSX Corporation’s (CSX) overall railcar volumes fell ~0.6% YoY (year-over-year).

Natural Gas Prices Are Trading in a Narrow Range
The long-term oversupply concerns could drag natural gas prices lower. The key support for natural gas prices is seen at $2.60 per MMBtu.

What Does the Shift in the Natural Gas Futures Spread Indicate?
On April 5, 2017, active natural gas (UNG) (FCG) (BOIL) (GASL) futures were trading at a premium of $0.33 to futures contracts 12 months forward.

Will Encana’s Quarterly Production Growth Start in 4Q17?
Encana (ECA) didn’t give any specific production guidance for 4Q17. But on its 3Q17 earnings conference call, Encana maintained its 2017 production guidance from July 2017.

Crude Oil and Natural Gas Futures Rose, SPY Fell
The energy sector, which accounts for ~6.2% of the S&P 500 Index, fell 0.4% on June 13. XLE fell ~0.4% to $76.42 on June 13.

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%.

How Much Natural Gas Could Fall Next Week
On November 16, 2017, the implied volatility of natural gas was 44%—6.4% above its 15-day average.

Will Natural Gas Prices Fall to $2.8 Next Week?
On November 2, 2017, natural gas’s (GASL) (GASX) implied volatility was 38.2%, 1.8% below its 15-day average.

What’s the Latest News on Chesapeake Energy Stock?
Chesapeake Energy (CHK) stock increased 18.5% in the week ending May 15. The stock was supported by higher crude oil prices (DBO) (UCO).

Markets Like What Chesapeake Is Doing with Its Debt
Another key reason behind why investors have kept Chesapeake Energy (CHK) in their sights is its significant steps towards debt reduction and management.

Natural Gas Prices: Flat for the Second Day, Test a 5-Month Low
October natural gas futures contracts rose by 0.86% on September 24. Natural gas prices rose despite a larger-than-expected rise in the natural gas inventory.

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%.

Natural Gas near $3: Which Gas-Weighted Stocks to Ride?
On March 6, 2017, natural gas futures contracts for April 2017 delivery closed at $2.9 per MMBtu, which is ~2.6% above the previous closing price.

Natural Gas Plunged due to Massive Inventory Data
May natural gas futures fell by 4.47% and settled at $2.52 per MMBtu on April 9, 2015. Natural gas prices plunged because of the massive inventory buildup.

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.

Why Did CSX’s Carloads Slump in the Week Ending July 16?
CSX (CSX) is a major operator in the Eastern US that competes with Norfolk Southern (NSC).

Natural Gas Prices Rise Due to Warm Weather Estimates
On Thursday, September 3, 2015, natural gas prices rallied due to speculation of an increase in demand for natural gas as a result of the warm weather forecast.

Natural Gas Prices Fell Almost 5% Due to Natural Gas Stocks’ Data
September natural gas futures contracts fell by 4.91% on August 13, 2015. Prices fell due to a better-than-expected rise in natural gas inventory data.

COG’s Second-Quarter Revenue to Fall: Impact on Earnings
Cabot Oil & Gas (COG) plans to release its second-quarter earnings on July 27. Revenue estimates stand at ~$384.96 million.

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.

Natural Gas Prices Rise for 5 Consecutive Days on Rising Demand
NYMEX-traded June natural gas futures increased by 1.62% on Monday—led by the consensus of warm weather estimates. Prices rose for the fifth consecutive day.

How Natural Gas ETFs Fared Last Week
Between October 27 and November 3, 2017, the United States Natural Gas Fund LP (UNG) rose just 0.2%, and natural gas December futures rose 0.7%.

Natural Gas above $3: Which Gas–Weighted Stocks Could Gain?
On September 1, natural gas (UNG) October futures closed at $3.07 per MMBtu (million British thermal units). On the same day, natural gas prices rose 1%.

Canadian National Railway Sees Highest Volume Growth in Week 49
CNI’s freight volumes in Week 49 Recently, Canada’s largest freight railway, Canadian National Railway (CNI), has seen its carload traffic fall YoY (year-over-year). However, in the last two weeks, the trend has reversed. In the week ended December 9, 2017, or Week 49, the railroad’s carload traffic grew 4.9% to ~62,600 carloads from ~59,700 units […]

Natural Gas Prices Fall Ahead of Expiry
Natural gas futures contracts for October delivery fell by 1.04% on September 25, 2015. Natural gas prices fell due to oversupply concerns.

Comparing CSX’s Carloads with US Railroads
In the week ended December 10, 2016, CSX’s (CSX) overall carloads fell 6.1%. The company hauled 72,000 railcars against 77,000 in the corresponding week last year.

Inventory Data Is Weighing on Natural Gas Prices
October natural gas futures contracts fell by 2% and settled at $2.64 per MMBtu (British thermal units in millions) on September 2, 2015.

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.

Futures Spread: What It Says about Natural Gas Prices
On March 1, 2017, active natural gas (UNG) (FCG) (BOIL) (GASL) futures were trading at a discount of $0.5 to futures contracts 12 months ahead.

Futures Spread and the Natural Gas Market
On April 24, natural gas June 2018 futures closed at a premium of ~$0.2 to June 2019 futures. The difference is called the “futures spread.”

Natural Gas Prices Are Trading near the Key Support Again
Natural gas futures contracts for October delivery fell for the second day. Natural gas prices have been fluctuating within a trading range for the last two months.

Crude Oil’s Recovery Could Be Difficult
WTI (West Texas Intermediate) crude oil June futures closed at $46.22 per barrel on May 5, 2017—a 1.5% rise from the previous trading session.

How Does US Natural Gas Production Impact Prices?
PointLogic estimates that US dry natural gas production fell 0.7% to 80 Bcf per day on July 12–18. However, the production has risen 11% YoY.

Natural Gas Prices Rise Due to Hot Weather Estimates
Natural gas prices rose for the sixth time in the last ten days. Prices rose by 0.05% more on the up days than on the down days.

Are Supply Concerns Rising for Natural Gas?
On April 3, 2018, natural gas May 2018 futures closed at a premium of $0.04 to May 2019 futures.

Where Natural Gas Prices Could Go Next Week
On September 21, 2017, natural gas implied volatility was 35.1%, or 5.1% above the 15-day average.

Analyzing Cheniere Energy’s Commodity Price Exposure
The correlation between Cheniere Energy’s stock price and crude oil (USO) resulted in a correlation coefficient of 0.87 during the past year.

OPEC Could Pressure US Natural Gas Prices in 2018
US natural gas rigs rose 35% in the last 12 months, while US natural gas prices (UNG) fell 20% during this period.

A Huge Fall in Coal Pulls Down CSX Corporation’s Carloads
In the week ended June 18, 2016, CSX Corporation’s carloads excluding coal and coke fell by 3.6%

UNG a Winner, but XOP Disappointed Last Week
UNG was underperforming natural gas for almost the entire week, but towards the end of the week, it gave slightly higher returns.

Natural gas prices rallied again on cold weather conditions
Natural gas April futures contracts closed near the day’s high—up by 0.99% on February 27, 2015. The total volume for the day was at 107,303 contracts.

Analysts’ Pre-1Q18 Estimates for Höegh LNG Partners
According to Reuters, the consensus rating for Höegh LNG Partners (HMLP) is 1.38, which means a “strong buy.”

Are Hedge Funds Reducing Bullish Bets on US Natural Gas?
Hedge funds cut their net long positions in US natural gas futures and options 44.8% to 24,984 on July 17–24.

Lower natural gas prices last week positive for coal-to-gas switching
Last week, natural gas prices declined more than coal prices which is an incentive for power plants to use more natural gas as fuel relative to coal.

Will Natural Gas Hold on to the $3 Level Next Week?
On August 31, 2017, natural gas (UNG) (BOIL) active futures’ implied volatility was 32%, which was 4.9% above its 15-day moving average.

Weather Plays a Vital Role in Driving Natural Gas Prices
The consensus of rising inventories for the week ending July 31, 2015, might put downward pressure on natural gas prices.

Are Natural Gas Supplies Overtaking Demand?
Futures spread On September 27, 2017, natural gas (FCG) (GASL) (BOIL) 2018 November futures traded $0.04 lower than November 2017 futures. That is, the futures spread was at a discount of $0.04. On September 20, 2017, the futures spread was at a discount of $0.10. Between September 20 and 27, 2017, natural gas November futures […]

Did Natural Gas Prices Move ConocoPhillips Stock Last Week?
For the week ending November 17, ConocoPhillips (COP) stock had shown the highest correlation of ~91% with natural gas (UNG).

Popular ways for investors to play natural gas prices
For most investors, the most straightforward way to play natural gas prices is through commodity ETFs or investing in equities that produce natural gas.

Did Natural Gas ETFs Rise More than Natural Gas?
In the last four trading sessions, natural gas May futures rose 3.8%. So, UNG and BOIL outperformed natural gas May futures during this period.

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%.

US Jobs Help S&P 500 to Rise on July 6, Oil and Gas Also Rise
The S&P 500 rose ~0.85% to 2,759.82 on July 6, its highest level in two weeks.

How long will the weather batter natural gas prices?
Natural gas prices are in a long-term downward trend, driven by estimates of a huge supply outweighing demand from mid-November 2014.

Global Oil Supply after the US Exits the Iran Nuclear Deal
On May 10, the United States Oil ETF (USO) rose 0.3%. On May 3–10, US crude oil June futures rose 4.3%.

UNG Mirrored Natural Gas Last Week while XOP Remained Flat
UNG shares trade on the NYSE like a company stock. They gained 9.09% last week.

UNG Mirrors Natural Gas as XOP Disappoints This Week
UNG shares trade on the New York Stock Exchange like company stock. UNG fell just 0.41% between September 18 and September 24.

What Really Moved ConocoPhillips Stock Last Week?
For the week ending October 20, ConocoPhillips stock showed a negative correlation of -15% with crude oil (USO) (SCO).

Natural Gas Prices Are Volatile Due to the Weather Forecast
September natural gas futures trading in NYMEX fell by 0.53% on August 7. Natural gas prices fell due to oversupply concerns and the mild weather forecast.

Why ConocoPhillips Expects Lower Production in 4Q17
For 4Q17, ConocoPhillips (COP) expects total production (USO) (UNG) in the range of 1,195–1,235 Mboepd (thousand barrels of oil equivalent per day).

ConocoPhillips Outperformed Crude Oil: Positive for Its Uptrend
For the week ending October 20, 2017, crude oil (USO) prices rose from $51.45 per barrel to $51.84 per barrel—an increase of 0.76%.

US Natural Gas: Will It Maintain the $3 Mark?
On September 6, natural gas October futures rose 0.9% and settled at $3 per MMBtu. On August 30–September 6, 2017, natural gas October futures rose 2.1%.

Must-know: Why natural gas prices fell 6% last week
This past week, natural gas prices decreased by $0.25 per MMBtu. Natural gas prices remain low in a long term perspective despite last week’s great slip.

Natural Gas Avenues for Investors: Performance in June 19 Week
Natural gas futures increased by 0.73% from June 12–18. For investors who don’t have easy access to the futures market, there are other ow-cost avenues to bet on natural gas prices.

Energy Calendar for Oil and Gas Traders: May 1–5
The energy sector contributed to ~6.3% of the S&P 500 (SPY) (SPX-INDEX) on April 28, 2017. Oil and gas are major parts of the energy sector.

Natural Gas Prices Rise Due to Warm Weather Estimates
September natural gas futures contracts rose by 1.32% on Tuesday on August 25, 2015. Natural gas prices rose due to warm weather estimates.