Evans

4Q2019 Earnings: Southern Company’s Future Riding on Natural Gas, Nukes and Renewables, CEO Says

Atlanta-based Southern Co. sees natural gas providing a U.S. energy bridge stretching beyond 2050, combined with a growing portfolio of both nuclear and renewable resources.

February 21, 2020

Longer-Range Weather Forecasts Steady; March Rebounds 5 Cents

March natural gas is expected to open 5 cents higher Wednesday morning at $2.95 as traders note little change in more deferred temperature outlooks. Overnight oil markets eased.

February 15, 2017

Weather Models Shift; November Called 9 Cents Lower

November natural gas is expected to open 9 cents lower Wednesday morning at $3.17 as weather forecasts make an abrupt shift milder. Overnight petroleum markets were mixed.

October 19, 2016

People — John K. Reinhart

Appalachian pure-playMagnum Hunter Resources Corp. has hired John K. Reinhart to serve as CEO. Magnum emerged from bankruptcy in May after a federal court approved a deal with lenders to wipe out $1 billion in debt (see Shale Daily,May 11). Reinhart, 47, takes the place of Gary Evans, who was ousted during the bankruptcy. Prior to joining Magnum, Reinhart served as COO of Ascent Resources LLC. Evans has since founded Energy Hunter Resources Inc. (see Shale Daily,July 15).

September 7, 2016

Cooling Trends Seen; Expiring August Seen A Penny Lower

The expiring August natural gas contract is expected to open a penny lower Wednesday morning at $2.70 as traders factor in both near-term and longer-term cooling trends. Overnight oil markets were mixed.

July 27, 2016

Supportive Cooling Trend Seen; June Called A Penny Higher

June natural gas is expected to open a penny higher Wednesday morning at $1.99 as traders attach little significance to Tuesday’s breach of $2 and concentrate on near-term weather-driven demand. Overnight oil markets were mixed.

May 25, 2016

Lean Storage Build On Tap, Yet June Called Unchanged

June natural gas is expected to open unchanged Thursday morning at $2.17 as traders discount what is expected to be a supportive government inventory report and a mildly supportive weather outlook. Overnight oil markets were mixed.

May 12, 2016

Lean Storage Build On Tap, Yet June Called Unchanged

June natural gas is expected to open unchanged Thursday morning at $2.17 as traders discount what is expected to be a supportive government inventory report and a mildly supportive weather outlook. Overnight oil markets were mixed.

May 12, 2016

Weather? What Weather? May Called 4 Cents Lower

May natural gas is seen opening 4 cents lower Wednesday morning at $1.91 as traders discount near-term weather forecasts and see follow-through selling in the wake of Tuesday’s 4-cent loss. Overnight oil markets rose.

April 6, 2016

Fundamentals Weak, But Technicals Improving; April Called A Penny Lower

April natural gas is set to open a penny lower Wednesday morning at $1.84 as traders balance ongoing fundamental downward pressure with an improving technical outlook. Overnight oil markets rose.

March 16, 2016
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