Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Associate Editor Kevin Dobbs and Director of Strategy and Research Patrick Rau discuss the results of NGI’s latest Top North American Natural Gas Marketers survey, which found further decreases in sales volumes in the second quarter of 2020. They explore factors affecting market fundamentals and…
Articles from Marketers
Leading natural gas marketers collectively posted further decreases in sales volumes in 2Q2020, extending to five straight quarters a trend of year/year declines, according to NGI’s Top North American Natural Gas Marketers rankings. The 25 gas marketers covered in NGI‘s latest quarterly survey — with comparable year-earlier data available — reported combined sales transactions of…
Now well into a second year of increasing transactions, total sales by 24 leading natural gas marketers were up 4.29 Bcf/d (4%) in the first quarter compared with the same period last year, according toNGI’s 1Q2019 Top North American Natural Gas Marketers rankings.
A rebound first signaled in 2Q2016 continued in last quarter, widening to include both natural gas marketing powerhouses and smaller companies, according to NGI’s 3Q2016 Top North American Gas Marketers Ranking.
BP plc and a host of other perennial natural gas marketing powerhouses reported impressive numbers for the second quarter, according to NGI’s 2Q2016 Top North American Gas Marketers Ranking, nearly erasing the previous quarter’s declines in the first upturn in sales in more than two years.
Frustratingly low commodities prices continued to exert their force as 2015 wound down, with a majority of the companies participating in NGI’s 4Q2015 Top North American Gas Marketers Ranking reporting lower sales transaction numbers than they did in 4Q2014.
Natural gas marketers continued to report significant declines in sales in the last three months of 2013 compared with 4Q2012, and the top three marketers — BP plc, Shell Energy NA and ConocoPhillips — were among those with the largest declines, according to NGI’s 4Q2013 Top North American Gas Marketers Ranking.
Led by some of the biggest names in the industry, North American natural gas marketers again reported significant sales declines in 3Q2013 compared with 3Q2012, with the top three marketers — BP plc, Shell Energy NA and ConocoPhillips — reporting a combined 7.53 Bcf/d (14.5%) decline, according to NGI’s 3Q2013 Top North American Gas Marketers Ranking.
Natural gas for Thursday delivery rose 6 cents on average nationally on Wednesday as short-term weather forecasts continued to prove unrelenting in their call for unseasonably warm temperatures. Only a handful of points were in the loss column and many points were up a dime or more. Great Lakes locations were up about 4 cents and Midcontinent locations gained a couple of pennies to a little more than a nickel.
Natural gas prices for delivery Wednesday added an average 10 cents in Tuesday’s trading. Strong pricing in the East and Great Lakes as well as a firm screen were able to offset a mixed Northeast and free-falling quotes in the Marcellus, which ratcheted below $1 and in at least two cases, recorded new all-time lows.