Cash Lackluster Outside of Strong Northeast; Futures Bulls Make It Four In A Row

Natural gas cash prices Tuesday for Wednesday delivery were uninspired except for in the Northeast, where some points flirted with $2 gains as forecasts turned cooler and power prices surged. February futures gained 8.2 cents to $3.455 and March was higher by 7.5 cents to $3.453. February crude oil fell 86 cents to $93.28/bbl.

January 16, 2013

EQT Keeping Midstream Business For Now; Plans MLP

EQT Corp. said last month it plans to stay in the midstream business, but not on its own.

November 7, 2011

EQT Interested in Midstream Partnership

EQT Corp. plans to stay in the midstream business, but not on its own.

November 1, 2011

Producers Cut Budgets, Drilling as Market Spirals Downward

As the stock market suffered its eighth straight day of losses Friday and the Dow flirted with the 8,000 mark, several more domestic oil and natural gas producers reported that they were cutting their planned capital expenditures (capex) for the rest of the year and/or 2009 and were rolling back their drilling programs or postponing planned acquisitions in order to preserve capital liquidity. Producers said they also had taken steps to shore up their bank credit lines.

October 13, 2008

NatGas Futures Drop 45 Cents in Two Days

Downward price momentum from Tuesday spilled over into trade on Wednesday as natural gas futures flirted with support in the mid $12.60s. One day before expiration, the July contract recorded a low of $12.654 before closing out the regular session at $12.753, down 25.8 cents from Tuesday’s finish.

June 26, 2008

July Natural Gas Ventures Above $7.00 Following 86 Bcf Storage Build

A week after the June natural gas futures contract flirted with breaking below the $6.00 mark, the July contract in Thursday trading was able to poke its head above the psychological $7.00 level before coming back to settle at $6.819, up 3 cents for the day.

June 3, 2005

Key Energy Companies Flirted with Bankruptcy in 2003; New Year Seen as ‘More Stable’

The energy history books will record 2003 as the year that some big energy companies — Williams Cos., El Paso Corp. and Dynegy Inc. — avoided the clutches of bankruptcy, said a leading energy analyst.

January 5, 2004