The Gassers

[dan_s]

The gassers (AR, CRK, CTRA, EQT, RRC and SBOW) pulled back today because of the "bearish" ngas storage report. Just keep in mind that we saw a big build last week in ngas storage, but it was caused by the hurricane that significantly reduce gas demand for power generation and lowered LNG exports.

We are still heading into winter with storage way below the 5-year average, which is why the front month (NOV22) NYMEX contract was only down a few cents.

[Cliff_N]

Thanks Dan, I checked the weekly EIA report, from my read Natural Gas is not reported on their site. Where is this information available: the "bearish" ngas storage report?"

Thanks

Cliff

[dan_s]

It is reported here each Thursday at 9:30AM ET: https://ir.eia.gov/ngs/ngs.html