Statistics for Working Gas in Underground Storage for current week. Unconventional Basin Rig Count U. Click here for 2Q19 Marketer Rankings.
Follow Archive. While the incoming winter weather had created some hope gas prices would recover, Martin King, director of institutional research at GMP FirstEnergy Securities, said previous optimism has now been "completely demolished" by the weak start to the current heating season as well as increasing concerns the problems that have plagued Canadian producers in will continue into Dan Tsubouchi, principal and chief market strategist at Stream Asset Financial Management, sees low prices persisting longer than many anticipate and expects to be a tougher year for producers compared to last year.
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Without price volatility, there is no market -- i. Volatility is a key characteristic of asset markets stocks, bonds, commodities, etcand even more so of derivatives markets futuresforwards, options, swaps, etc. Because they are often unconcerned with the notion of intrinsic fundamental value, traders are very focused on volatility. The following article will begin by explaining the concepts of spot and strip prices, before explaining how to calculate volatility on each of those prices.
It is therefore critical that we as an industry have access to tidewater and new markets for our natural gas. The exporting of LNG will also aid in reducing global greenhouse gas emissions by using it to replace carbon-intensive coal energy in other countries. This is both good and bad.
Calgary, Alberta-- Newsfile Corp. Included in the filings were Pine Cliff's unaudited interim condensed consolidated financial statements and related management's discussion and analysis for the three and six months ended June 30, the " Q2-Report ". Selected highlights are shown below and should be read in conjunction with the Q2-Report.
These relatively high levels of imports from Canada follow a near-record summertime level reached near the end of July, when U. The five-year average for U. Usually, imports from Canada are highest during the winter heating season, peaking in January at around 9.
In US dollar terms, under a buck. Folks, there is NO positive cash flow for management or investors at these forward strip prices. Once again, inI expect Cdn natgas pricing to go negative on several days this summer. It means that Canadian natgas producers will lose HUGE money again this year with every molecule they produce.
A futures strip is the buying or selling of futures contracts in sequential delivery months traded as a single transaction. This is most common in the energy futures market. Futures strips are typically used to lock in a specific price for a targeted time-frame which can be quite useful from an operations point of view.