Energy analysts with Tudor, Pickering Holt & Co. (TPH) on Thursday climbed on the train to anywhere but here for natural gas prices, cutting their outlook for 2012 by more than $1.00 to $3.25/Mcf from $4.32.
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Minus Barnett, Range Output Jumps 7%
Range Resources Corp.’s natural gas net output in the third quarter reached 537.2 MMcf/d, which was 7% more than in the year-ago period, the Fort Worth, TX-based independent said Tuesday.
Southern Union on ‘Most Wanted’ List
An attempt by Williams late last month to snatch Southern Union Co. has forced Energy Transfer Equity LP (ETE) to strike back with a sweetened offer of $40/share.
Support for Coal-to-Gas Fuel Switching, Says Analyst
U.S. natural gas prices would need to rebound to $5.50/MMBtu or higher, or coal-to-gas switching “is here to stay,” according to a report by Tudor, Pickering, Holt & Co. Inc. (TPH).
Low Prices Support Coal-to-Gas Fuel Switching, Says Analyst
U.S. natural gas prices would need to rebound to $5.50/MMBtu or higher, or coal-to-gas switching “is here to stay,” according to a report by Tudor, Pickering, Holt & Co. Inc. (TPH).
Analysts: Power Demand Needed to Soak Up Gas
The too-much-of-a-good-thing story of natural gas continued Friday as analysts at Tudor, Pickering Holt & Co. updated their outlook to 2 Bcf/d of annual onshore supply growth, which far outstrips their 1 Bcf/d projection of normalized demand growth.
Analysts: Even More Gas Than We Thought
The too-much-of-a-good-thing story of natural gas continued Friday as analysts at Tudor, Pickering Holt & Co. updated their outlook to 2 Bcf/d of annual onshore supply growth, which far outstrips their 1 Bcf/d projection of normalized demand growth.
Analyst Sees No Threat to Producers from LNG
Relative to crude oil, the long-term outlook for strength in natural gas prices “has some significant headwinds,” according to Tudor, Pickering, Holt & Co. LLC (TPH) Managing Director David Pursell. But while there is plenty to worry about in the gas patch — oversupply, for one — liquefied natural gas (LNG) imports are not among the threats to gas producers, he said.
Analyst: Rig Count Must Fall; LNG Stays Away
Relative to crude oil, the long-term outlook for strength in natural gas prices “has some significant headwinds,” according to Tudor, Pickering, Holt & Co. LLC (TPH) Managing Director David Pursell. But while there is plenty to worry about in the gas patch — oversupply, for one — liquefied natural gas (LNG) imports are not among the threats to gas producers, he said.
2010 Gas Prices Are For the Bears
A Tudor, Pickering, Holt & Co. (TPH) analyst on Tuesday cut the 2010 average natural gas price forecast to $6.20/Mcf, down from an earlier forecast of $7.50, because of the faster-than-expected pickup in domestic onshore drilling. That news was followed Wednesday by an IHS Cambridge Energy Research Associates (CERA) analyst, who predicted Henry Hub gas may fall below $4/Mcf by the end of this year.