Tag: Chesapeake Energy

Is Chesapeake Energy’s NGL Strategy Right?

The decision of Chesapeake Energy (NYSE: CHK) to increase its production of natural gas liquids raises the question of whether this is the right move for the company, and how will this play impact its bottom line. Also, what are…

What Could Bring UNG and Natural Gas Down?

The price of natural gas and United States Natural Gas (UNG) rallied, despite the higher than normal injection to storage during last week. Moreover, during the past four weeks, the injections to storage were 24% higher than the 5-year average.…

What Is Keeping the Price of Natural Gas High?

Last week’s injection to storage was higher than the five year average. This development, however, didn’t stop the price of natural gas and United States Natural Gas (UNG) to recover during last week. Will the ongoing higher than normal injections…

Is the Natural Gas Market Bound to Cool Down?

The price of natural gas slightly rose during last week. United States Natural Gas (UNG) also increased last week. Based on the recent U.S Energy Information Administration weekly update, the latest weekly natural gas injection was well above the five…

Will Natural Gas Lose Steam and Fall?

The natural gas resumed its rally during the previous week mainly on Thursday following the release of the U.S Energy Information Administration weekly report. According to the report, last week’s natural gas injection was below the five year average. As…

Will Natural Gas Keep Rising?

The natural gas bounced back during last week. United States Natural Gas (UNG) also recovered. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection was the first one in twenty weeks; it was still…

Is Chesapeake’s Recent Sale was the Right Move?

Chesapeake Energy (NYSE: CHK) has recently sold its subsidiary’s midstream compression assets for roughly $520 million. This sale is on top of the other assets the company plans to sell this year, which are expected to generate around $650 million . Was…

What’s Next for Natural Gas?

The natural gas changed direction and slightly declined during last week. United States Natural Gas (UNG) also slipped last week. According to the recent U.S Energy Information Administration weekly report, last week’s natural gas withdrawal was well above the five…