Finished

November Adds a Penny Ahead of Fresh Storage Data

The November natural gas futures contract started its reign much like the October contract finished its own on Tuesday — quietly, but with a small uptick. The newly minted prompt-month contract traded between $3.903 and $3.980 before closing out the regular session Wednesday at $3.962, up 1.1 cents from Tuesday’s close.

September 30, 2010

Traders Discount Oil Stats, Weak Economic Data; August Gains 9.9 Cents

The expiring August natural gas futures contract finished on a high note Wednesday as traders suggested the perception of upward price momentum might be enough to carry the market past $5. August closed up 9.9 cents to $4.774 and September added 7.2 cents to $4.718. September crude oil dropped 51 cents to $76.99/bbl.

July 29, 2010

Futures Come Off as Traders Debate Heat, Hurricanes

After rallying nearly 30 cents on Thursday following word of a 78 Bcf storage injection for the week ending July 9, August natural gas futures finished the week on a weaker note Friday as the contract closed the regular session at $4.519, down 6.7 cents from Thursday’s close but 11.7 cents higher than the previous week’s finish.

July 19, 2010

June Expires Higher Despite Shaky Fundamentals

The June natural gas futures contract finished its run on Wednesday with a bullish short-covering bang, but not as bullish as some had expected for the contract’s last day on the board. June jumped to a high of $4.245 before backing off to expire at $4.155, up 10.4 cents from Tuesday’s close. July futures climbed 6.5 cents to close at $4.179.

May 27, 2010

Carrizo Breaks Production Records in 2009

Carrizo Oil & Gas Inc. finished 2009 with its proven reserves up 20% year/year (y/y) to a record 601.9 Bcf from 502.6 Bcf, the Houston-based explorer said Wednesday. Almost 97% of the quarterly and year-end production was natural gas, Carrizo said.

March 4, 2010

Carrizo Breaks Production Records in 2009

Carrizo Oil & Gas Inc. finished 2009 with its proven reserves up 20% year/year (y/y) to a record 601.9 Bcf from 502.6 Bcf, the Houston-based explorer said Wednesday. Almost 97% of the quarterly and year-end production was natural gas, Carrizo said.

March 4, 2010

Traders Skeptical, But Futures Manage Gains

March natural gas futures continued Monday’s advance and finished on the plus side of the trading ledger, but observers say the market still has some convincing to do before any resumption of the earlier uptrend can continue.

February 3, 2010

Traders Skeptical, But Futures Manage Gains

March natural gas futures continued Monday’s advance and finished on the plus side of the trading ledger, but observers say the market still has some convincing to do before any resumption of the earlier uptrend can continue.

February 3, 2010

December Futures Bow Out Nearly Unchanged

With most market participants having finished their December natural gas futures business by last week, the prompt-month contract had a mostly uneventful ride into expiration on Tuesday. December natural gas traded between $4.361 and $4.610 on low volume before going off the board at $4.486, up 1.3 cents from Monday’s finish. The January contract closed the day at $4.766, down 2.5 cents.

November 25, 2009

REX-East to Lebanon, OH, in Service by End of June — KMP CEO

The Rockies Express Pipeline (REX) is “about two-thirds finished” and the REX-East portion that runs to Lebanon, OH, will be ready for service by the end of this month, Kinder Morgan Energy Partners LP (KMP) CEO Rich Kinder said Tuesday.

June 8, 2009