Energy Investing - NG build bigger than expected +103 bcf vs. +93 bcf consensus, +77 bcf last week. - Energy Investing - InvestorVillage


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Msg  450077 of 466927  at  9/22/2022 2:21:14 PM  by

upthebayou


Re: NG build bigger than expected +103 bcf vs. +93 bcf consensus, +77 bcf last week.

While I am exceedingly bullish natgas in the long run don't underestimate the ability of the fed's policies to kill demand. Virtually every major chemical company like Dow etc that use natgas as feedstocks are hurting. LNG exports are effectively fixed as we have no significant capacity coming on in the short term. Plus we are producing at all time highs and they can add more if needed. I personally think the current strip is not sustainable because as soon as all these hedged producers get out of their 2.50 hedges and they see 4.00 they are going to increase production. The good news is that a company like EQT has consolidated a lot of the good marcellus locations and companies like AR have had the opportunity to clean up their balance sheets. I will be a buyer of EQT and AR in the 20's and I think they get there. my opinion


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Msg # Subject Author Recs Date Posted
450093 Re: NG build bigger than expected +103 bcf vs. +93 bcf consensus, +77 bcf last week. MrBigger 1 9/22/2022 3:27:33 PM




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