Traded

Enterprise Pursues Organic Growth in Onshore Gas Systems

Enterprise Products Partners LP (EPD), which became one of the largest publicly traded midstream partnerships in the country after it merged last year with related entity TEPPCO Partners LP, stands ready to provide natural gas producers with the infrastructure they need to process and transport their production, CEO Michael Creel said Monday.

February 2, 2010

Enterprise Pursues Organic Growth in Onshore Gas Systems

Enterprise Products Partners LP (EPD), which became one of the largest publicly traded midstream partnerships in the country after it merged last year with related entity TEPPCO Partners LP, stands ready to provide natural gas producers with the infrastructure they need to process and transport their production, CEO Michael Creel said Monday.

February 2, 2010

Futures Erase Last Week’s Late Run-Up to the Penny

The tug-of-war between natural gas futures bears and bulls continued into December on Tuesday as the January contract traded in a 23.2-cent range between $4.659 in the morning and $4.891 in the afternoon before closing out the regular session at $4.762, down 8.6 cents from Monday’s finish.

December 2, 2009

‘Short-Covering’ Adds a Few Pennies Ahead of December Expiration

December natural gas futures showed some comfort with its current price level a day ahead of expiration as the contract traded in a fairly slim 17.4-cent range before closing out Monday’s regular session at $4.473, up 4.9 cents from Friday’s finish.

November 24, 2009

ExxonMobil’s Earnings Plummet; Shell to Cut 5,000 Workers

ExxonMobil Corp., the world’s largest publicly traded oil major, saw its quarterly profits plummet 68% from a year ago as commodity prices retreated. Meanwhile, Royal Dutch Shell plc sees “some indications” that energy demand and pricing are improving but the “outlook remains very uncertain and we are not expecting a quick recovery,” CEO Peter Voser said last week.

November 2, 2009

ExxonMobil’s Earnings Plummet; Shell to Cut 5,000 Workers

ExxonMobil Corp., the world’s largest publicly traded oil major, saw its quarterly profits plummet 68% from a year ago as commodity prices retreated. Meanwhile, Royal Dutch Shell plc sees “some indications” that energy demand and pricing are improving but the “outlook remains very uncertain and we are not expecting a quick recovery,” CEO Peter Voser said Thursday.

October 30, 2009

Quest, Partnerships to Form New Company

Oklahoma City-based Quest Resource Corp. (QRCP) and its related partnerships plan to merge and form a publicly traded corporation focused on unconventional resource development in the Marcellus Shale and the Cherokee Basin.

July 7, 2009

UNG’s Market Impact Still Generates More Questions Than Answers

Traders are still discussing the potential impacts of the large position held by the United States Natural Gas Fund (UNG), especially as the exchange-traded fund (ETF) rolled its front-month positions on the New York Mercantile Exchange (Nymex) and the IntercontinentalExchange (ICE).

June 22, 2009

UNG’s Market Impact Still Generates More Questions Than Answers

Traders are still discussing the potential impacts of the large position held by the United States Natural Gas Fund (UNG), especially as the exchange-traded fund (ETF) currently rolls its front-month positions on the New York Mercantile Exchange (Nymex) and the IntercontinentalExchange (ICE).

June 17, 2009

Rudderless Natgas Futures Settle Unchanged

Proving the natural gas market’s current level of indecision, July natural gas futures traded a tight range on Tuesday before closing unchanged from Monday’s finish. The contract put in its $3.656 to $3.768 range in the first hour of the regular session, then wandered aimlessly before finishing at $3.731.

June 10, 2009
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