Associates

Raymond James & Associates Inc. on Monday appeared to take a step on the natural gas bull side as analysts slightly lifted their 2010 forecast for U.S. natural gas prices to $4.50/Mcf from $4.25.

The Department of Energy and consensus Wall Street estimates for 2010 U.S. natural gas supply growth are “not just wrong but way wrong,” a trio of Raymond James & Associates Inc. energy analysts said last week.

The Department of Energy and consensus Wall Street estimates for 2010 U.S. natural gas supply growth are “not just wrong but way wrong,” a trio of Raymond James & Associates Inc. energy analysts said Monday.

Analysts with Raymond James & Associates Inc. last week issued an updated exploration and production (E&P) capital expenditure (capex) survey, which indicates that spending should rise 25% this year over 2009. Many of the large caps in the survey, said the analysts, are positioned to ramp up onshore resource development, particularly the shales.

Analysts with Raymond James & Associates Inc. on Monday issued their updated exploration and production (E&P) capital expenditure (capex) survey, which indicates that spending will be up 25% this year over 2009. Many of the large caps in the survey, said the analysts, are positioned to ramp up onshore resource development, particularly the shales.

Analysts with Raymond James & Associates Inc. on Monday issued their updated exploration and production (E&P) capital expenditure (capex) survey, which indicates that spending will be up 25% this year over 2009. Many of the large caps in the survey, said the analysts, are positioned to ramp up onshore resource development, particularly the shales.

Last Tuesday was slated to be all about oil at IHS Cambridge Energy Research Associates’ (CERA) CERAWeek 2010 in Houston. But ConocoPhillips CEO Jim Mulva, who keynoted the afternoon session, was all about natural gas.

Tuesday was slated to be all about oil at IHS Cambridge Energy Research Associates’ (CERA) CERAWeek 2010 in Houston. But ConocoPhillips CEO Jim Mulva, who keynoted the afternoon speech, was all about natural gas.

Tuesday was slated to be all about oil at IHS Cambridge Energy Research Associates’ (CERA) CERAWeek 2010 in Houston. But ConocoPhillips CEO Jim Mulva, who keynoted the afternoon speech, was all about natural gas.