Capitalize

Natural gas futures bulls tried to capitalize on Thursday’s momentum in early Friday trade by pushing the July contract north of $4.100, but profit-takers had other ideas as the prompt-month contract reversed course in a hurry to close the day’s regular session at $3.835, down 12.2 cents from Thursday’s finish.

After December futures gave back 34.7 cents on Thursday, bearish traders looking to capitalize on the momentum on Halloween felt more tricked than treated. Whether it was a result of bearish weather fundamentals weakening or just traders playing the recent range, the front-month contract ended up closing at $6.783 on Friday, up 35.2 cents from Thursday and 32.1 cents higher than the previous week’s close.

Looking to capitalize on the burst of activity and increased production volumes coming out of the Appalachian Basin of central West Virginia, NiSource Inc. unit Columbia Gas Transmission Corp. has once again partnered with MarkWest Energy Partners LP to expand gas gathering and processing services for the region.

Looking to capitalize on the burst of activity and increased production volumes coming out of the Appalachian Basin of central West Virginia, NiSource Inc. unit Columbia Gas Transmission Corp. has once again partnered with MarkWest Energy Partners LP to expand gas gathering and processing services for the region.

Natural gas futures bulls put in a new high for the up move on Tuesday but in the end were not able to capitalize on the momentum. June natural gas recorded a high of $11.364 just before noon EDT before retreating in the remainder of the regular session to finish the day at $11.150, down 2.8 cents from Monday.

Looking to capitalize off of the Millennium Pipeline entering service later this year, NiSource Gas Transmission & Storage (NGT&S) last week launched an open season for the potential construction of the New Penn Pipeline system and associated firm transportation, which would offer customers increased access to Northeast and Mid-Atlantic markets.

Looking to capitalize off of the Millennium Pipeline entering service later this year, NiSource Gas Transmission & Storage (NGT&S) on Thursday launched an open season for the potential construction of the New Penn Pipeline system and associated firm transportation, which would offer customers increased access to Northeast and Mid-Atlantic markets.

Unable to capitalize on the recent momentum higher and break out of the long-term $7-8 trading range, natural gas futures bulls found no follow-through buying for their cause Tuesday. After trading between $7.680 and $7.855, June natural gas ended up closing at $7.718, down 14.5 cents from Monday’s close.

Firing off of Friday’s 22.9-cent jump, bulls attempted to capitalize on the momentum Monday by pushing June natural gas futures to a high of $7.930. The contract ended up backing off slightly to close at $7.863, up 3.2 cents from Friday’s close.