Streak

Futures Slide as Traders Eye Sixth Consecutive Triple-Digit Storage Build

Recording their fourth consecutive close lower on Tuesday on a streak of follow-through selling, July natural gas futures dismissed the surge of strength in the neighboring crude futures arena to close at $3.879, down 5.4 cents from Monday’s finish.

June 24, 2009

Natgas Tumbles Along With Other Commodities

Continuing its little streak of recent weakness, July natural gas futures followed crude values lower on Monday, piercing the psychological $4 price level before closing at $3.933, down 9.9 cents from Friday’s finish.

June 23, 2009

Futures Rally Stamped Out Ahead of Expected Bearish Storage Draw

Front-month natural gas futures ended their four-day streak of higher finishes on Wednesday as expectations for a smallish storage draw in Thursday’s report trumped positive economic news. April natural gas futures dropped 1.8 cents on the day to close at $4.329.

March 26, 2009

Canadian Gas Export-to-U.S. Revenues Jump 33% Year-Over-Year

After scoring a streak of revenue gains on exports to the United States that account for a majority of their natural gas output, Canadian producers are drilling at a brisk pace and building a big inventory of fresh targets for further field development.

October 13, 2008

Canadian Gas Export-to-U.S. Revenues Jump 33%

After scoring a streak of revenue gains on exports to the United States that account for a majority of their natural gas output, Canadian producers are drilling at a brisk pace and building a big inventory of fresh targets for further field development.

October 13, 2008

British Columbia Touted for Producing Stamina

British Columbia (BC) is posting its eighth annual increase in natural gas reserves while continuing a streak of strong monthly drilling rights sales, amid rising expectations that provincial output and exports will keep on growing at an accelerating rate.

September 15, 2008

British Columbia Unlocking Shale Play Magic

British Columbia (BC) is posting its eighth annual increase in natural gas reserves while continuing a streak of strong monthly drilling rights sales, amid rising expectations that provincial output and exports will keep on growing at an accelerating rate.

September 15, 2008

Heat, Screen Support Fail to Boost Cash Prices

The breaking of a five-day losing streak by August futures Monday did essentially nothing to boost the cash market Tuesday. Four flat to about a dime higher points were the sole exceptions to overall softness. Quotes fell at most points despite forecasts of peak temperatures in the upper 80s or higher in much of the U.S. Wednesday.

July 30, 2008

Rebounding Crude, 90 Bcf Storage Injection Buoy Futures

A slightly supportive 90 Bcf natural gas injection report combined with a significant rally in crude futures brought the week’s natural gas futures decline streak to an end at three days on Thursday as the August contract gained 29.4 cents to close at $12.300.

July 11, 2008

ICE Posts Another Record Earnings Year; Continues M&A Strategy

Continuing its streak of record results, Atlanta-based IntercontinentalExchange Inc. (ICE), operator of global exchanges and over-the-counter (OTC) markets, reported that its consolidated net income increased 68% to a record $240.6 million in 2007 from $143.3 million in 2006. In addition, the company reported consolidated net income for the fourth quarter of 2007 of $64.7 million, a 32% increase compared to $49 million for the fourth quarter of 2006.

February 4, 2008