Enthusiasm among producers for an industry rebound has faded for 2016, particularly on the pricing side, but they appear “surprisingly” bullish about the natural gas price outlook for 2017, which may be in part because only 30 rigs or so are in operation in the gassy Marcellus Shale, analysts said Monday.
Price
Articles from Price
U.S. E&Ps Increasingly Looking Beyond 2016 for Higher NatGas, Oil Pricing
U.S. producers are looking past 2016, particularly on the pricing side, and they appear “surprisingly” bullish about the natural gas price outlook for 2017, which may be in part because only 30 rigs or so are in operation in the Marcellus Shale, analysts said Monday.
April 18, 2016
U.S. E&Ps Increasingly Looking Beyond 2016 for Higher NatGas, Oil Pricing
U.S. producers are looking past 2016, particularly on the pricing side, and they appear “surprisingly” bullish about the natural gas price outlook for 2017, which may be in part because only 30 rigs or so are in operation in the Marcellus Shale, analysts said Monday.
April 18, 2016
Analysts Anticipate Trading Range; May Seen 5 Cents Higher
May natural gas is set to open 5 cents higher Tuesday morning at $1.96 as traders largely discount a weather environment that is expected to offer more for market bears than bulls. Overnight oil markets rose.
April 12, 2016
Analysts Anticipate Trading Range; May Seen 5 Cents Higher
May natural gas is set to open 5 cents higher Tuesday morning at $1.96 as traders largely discount a weather environment that is expected to offer more for market bears than bulls. Overnight oil markets rose.
April 12, 2016
Retail NatGas Charges Hit 18-Year Low in Michigan
Retail natural gas charges will be lowered starting April 1 for customers of Consumers Energy and DTE Energy in Michigan, the utilities said on Tuesday. The rates for DTE gas utility service will be down 16% overall.
March 29, 2016
Higher Commodity Prices, Even Lower F&D Costs Said to Be Needed to Lift Onshore E&P Fortunes
Brutal could describe the earnings results for the exploration sector in the final three months of 2015, but could sharp reductions in capital expenditures (capex) have set in motion a much tighter production supply, with improved pricing sooner than later? It’s not likely before the end of this year because a confluence of factors, analysts said.
March 11, 2016
Weak Cash NatGas Prompting Lower Futures, Analyst Says; April Called 2 Cents Lower
April natural gas is set to open 2 cents lower Friday morning at $1.62 as traders see a soft weather outlook and no indication of production restraint as leading prices lower. Overnight oil markets rose.
March 4, 2016
Overnight Weather Models Warmer; April Called 10 Cents Lower
April natural gas is expected to open 10 cents lower Monday morning at $1.69 as near-term weather models keep coming up with warmer solutions and indicate a sharp reduction in near-term heating requirements. Overnight oil markets were mixed.
February 29, 2016
Weather Models Showing Warmth; March Called 5 Cents Lower
March natural gas is expected to open 5 cents lower Tuesday morning at $1.91 as traders reconcile weather models showing warming trends out to the end of the month. Overnight oil markets fell.
February 16, 2016
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
