Any news NGAS

[Garyb1958]

Nat Gas 7.92 +.65

[Fraser921]

Wow what a move

Obviously good for gassers

[dan_s]

As of 2:00 PM ET on July 20, the population-weighted nationwide temperature is 90.4°F which is 1.0°F warmer than yesterday and 6.5°F warmer than the historical average. Accumulated Natural Gas-Weighted Degree Days (GWDDs) through 2:00 PM EDT tally 7.5 GWDDs which is 0.6 GWDDs greater than yesterday through the same time and 1.3 GWDDs greater than average. This suggests an above-average contribution of temperature to natural gas demand.

The 10-day forecast here: https://weather.com/maps/tendayforecast is very bullish for ngas demand.

[Fraser921]

Global warming, global warming, every year they crawl out of hole and say its hot

Just bot more AR,RRC, & CRK Lets go Cowboys!

Ty for waking me up

Maybe NG climbs back towards 10.

IF CRK covered their crap hedges , the name would soar to 25.
Losing a billion on hedge losses isnt a good look but i keep reminding myself its all about cash flow

[uberCOAT]

Unfortunately, CRK is stuck I think until they get their leverage down below 1.5X. They should be able to improve its net debt to EBITDA to below 1.5x at the end of 3Q22, and most likely below 1.0 by YE 2022.

If Natural Gas prices stay high into 2023, then it will be CRK's year next year when all these bad hedges roll off.