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Weather Extremes, Natural Gas Climatech And The Ski Season

2018-01-17 seekingalpha
Record EIA draw of -369 last week and more cold weather into February helps natural gas prices break resistance. (22-0)

Lots Of Recent Developments For Bankrupt Companies

2018-01-12 seekingalpha
There have been a number developments for companies in Ch.11 bankruptcy and those close to filing. Investors that own securities of bankrupt companies or those nearing bankruptcy need to pay attention to court rulings, filings, and transactions for all bankrupt companies and not just those they have a position in. What happens in one case often impacts other cases. Below are some important issues for individual companies that will hopefully help retail investors trading bankrupt securities. (108-3)

US Natural Gas Consumption Could Hit a Record in 2018 and 2019

2018-01-12 editors.aws.marketrealist
US natural gas consumption fell 14.4% to 102.6 Bcf (billion cubic feet) per day on January 4–10, 2018, according to PointLogic. Consumption also fell by 3.6 Bcf per day or 3.3% year-over-year. Any fall in natural gas consumption is bearish for natural gas (UNG) prices. (9-0)

XCO / EXCO Resources, Inc. - Stock Institutional Ownership and Shareholders - Fintel.io

2018-01-08 fintel.io
EXCO Resources, Inc. (NYSE:XCO) has 60 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 21,648,098 shares. Largest shareholders include Energy Strategic Advisory Services Llc, Fairfax Financial Holdings Ltd/ Can, Invesco Private Capital, Inc., Wl Ross & Co Llc, Oaktree Capital Management LP, Staley Capital Advisers Inc, Vanguard Group Inc, Renaissance Technologies LLC, State Street Corp, and BlackRock Inc. (59-0)

US Natural Gas Inventories Fell Last Week

2017-12-22 marketrealist
US natural gas (UNG) (DGAZ) futures contracts for January delivery rose 1% to $2.62 per MMBtu (million British thermal units) at 1:20 AM EST on December 22, 2017. Prices rose due to short covering. The Energy Select Sector SPDR ETF (XLE) rose 2.1% to 71.8 on December 21, 2017, which is impacted by oil and natural gas prices. (8-0)

US Natural Gas Production Could Help Natural Gas Bears

2017-12-22 marketrealist
According to PointLogic, US dry natural gas production rose 0.9% to 76.8 Bcf (billion cubic feet) per day on December 14–20, 2017. Production also rose by 7.7 Bcf per day or 11.1% YoY (year-over-year). The rise in US natural gas production pressured natural gas (UNG) (FCG) prices on December 21, 2017. So far, prices (UGAZ) have fallen ~27% in 2017 due to moderate weather and oversupply. Higher crude oil (DWT) prices will also add to natural gas supplies. (22-0)

US Crude Oil Futures Fell, Wall Street Hit a Record

2017-12-19 marketrealist
WTI crude (USL) (DBO) oil futures contracts for February delivery fell 0.2% to $57.22 per barrel on December 18, 2017. January WTI crude (UCO) oil futures contracts fell 0.2% to $57.16 per barrel on the same day. January WTI crude contracts will expire on December 19, 2017. The United States Oil ETF (USO) fell 0.2% to 11.4 on December 18, 2017. (7-0)

Will US Natural Gas Futures Fall More?

2017-12-15 marketrealist
US natural gas (GASL) futures contracts for January delivery were below their 20-day, 50-day, and 100-day moving averages on December 14, 2017. The moving averages suggest that prices could trend lower. (19-0)

US Natural Gas Inventories: Smallest Fall since 2015

2017-12-15 marketrealist
January US natural gas (UGAZ) (DGAZ) futures contracts rose 0.48% to $2.69 per MMBtu (million British thermal units) at 1:22 AM EST on December 15, 2017. Prices rose due to short covering. The Energy Select Sector SPDR ETF (XLE) fell 0.3% on December 14, 2017, which is influenced by oil and gas prices. (26-0)

EIA Upgrades US Crude Oil Production Estimates

2017-12-13 marketrealist
The EIA released its monthly STEO (Short-Term Energy Outlook) report on December 12, 2017. US crude oil production rose by 360,000 bpd (barrels per day) to 9,700,000 bpd in November 2017, according to the EIA—the highest level ever. Production increased due to the rise in production from the Gulf of Mexico. The output was 290,000 bpd higher than in October 2017. (40-0)

US Natural Gas Futures Could Maintain Bearish Momentum

2017-12-08 marketrealist
On December 8, 2017, the CFTC will release its weekly “Commitment of Traders” report. In last week’s report, hedge funds’ net long bets in US natural gas futures (UNG) (FCG) and options contracts fell by 52,181 contracts or 72% to 20,668 on November 21–28, 2017. Positions also fell by 35,075 contracts or 63% from the same period in 2016. Net-long positions were near a one-month low. It suggests that hedge funds were bearish on NYMEX natural gas (BOIL) (UGAZ) prices. (21-0)

US Natural Gas Future Fell after the Natural Gas Inventory Report

2017-12-01 marketrealist
The EIA released its natural gas inventory report on November 30, 2017. US natural gas inventories fell by 33 Bcf (billion cubic feet) to 3,693 Bcf on November 17–24, 2017, according to the EIA. Inventories fell 0.8% week-over-week and by 309 Bcf or 7.7% year-over-year. (24-0)

Lenders Could Force EXCO Resources Into Bankruptcy

2017-11-28 seekingalpha
EXCO Resources Inc (XCO) could be filing for bankruptcy soon unless they get waivers on their debt covenants. Canadian financier Prem Watsa's Fairfax Financial Holding Ltd (OTCPK:OTCPK:FRFHF) owns enough of the debt to be in the role of Caesar deciding if XCO files or not even if they get waivers on their credit agreement from lenders. Energy prices have not risen enough to save the company. Under a bankruptcy reorganization plan, XCO shareholders and unsecured noteholders could receive no recovery. (82-0)

Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q3 2017 Update

2017-11-17 seekingalpha
Fairfax Financial’s largest five 13F stakes are Blackberry, Kennedy-Wilson, Resolute Forest Products, Intrepid Potash, and USG. They together account for ~84% of the US long assets. (304-10)

Energy Recap: Your Thoughts On Artificial Photosynthesis

2017-11-11 seekingalpha
Every Friday, Seeking Alpha provides a roundup of insightful opinion and analysis articles in the energy sector. (7-0)

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