+ 504 19% to 5 year average with record heat!
Aug NG is trading at 2.27!
Needless to say this is not good for gassers, unhedged gassers, JJ and anyone that is speculating in NG names.
NG build 65
Re: NG build 65
Key for natural gas prices and share prices of the gassers is getting the new large LNG export facilities online on time.
HH ngas price averaged more than the ngas price that I used in my models ($2.25), so Q2 financial results should be good for the gassers. Focus on operating cash flow
HH ngas price averaged more than the ngas price that I used in my models ($2.25), so Q2 financial results should be good for the gassers. Focus on operating cash flow
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: NG build 65
Comstock (CRK) has the most risk because it is almost a pure "gasser" with close to 99 percent of revenue from dry gas sales.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group