These Natural-Gas-Weighted Stocks Are Following Natural Gas Prices
These Natural-Gas-Weighted Stocks Are Following Natural Gas Prices
On November 13, 2017, natural gas (UNG) active futures were down 1.4%. On the same day, natural gas futures settled at $3.16 per MMBtu (million British thermal units).
http://finance.yahoo.com/r/69642aed-...ahoo&.tsrc=rss
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Re: These Natural-Gas-Weighted Stocks Are Following Natural Gas Prices
From the article:
Quote:
Natural-gas-weighted stocks that could be least affected by natural gas’s movements based on trailing week correlations are:
- Cabot Oil & Gas (COG) at 2.5%
- Chesapeake Energy (CHK) at -7.2%
Cabot is holding up very well, they must not have much debt.
Chesapeake may cease to exist in a few days. Bankruptcy is certain.
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