NG build 65

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Fraser921
Posts: 3237
Joined: Mon Mar 22, 2021 11:48 am

NG build 65

Post by Fraser921 »

+ 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.
dan_s
Posts: 35713
Joined: Fri Apr 23, 2010 8:22 am

Re: NG build 65

Post by dan_s »

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
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 35713
Joined: Fri Apr 23, 2010 8:22 am

Re: NG build 65

Post by dan_s »

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
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