Natural Gas News – January 11, 2024
Natural Gas News – January 11, 2024
11 Best Natural Gas Dividend Stocks To Buy
In this article, we discuss 11 best natural gas dividend stocks to buy. You can skip our detailed analysis of the energy sector and the outlook for natural gas, and go directly to read 5 Best Natural Gas Dividend Stocks To Buy. In 2023, energy stocks in the US experienced a significant and abrupt downturn. This decline was a significant change from the prior year when the energy sector was leading the way in the S&P 500 index. However, the energy industry
transformed into one of the worst-performing sectors last year, trailing behind only utility stocks in terms of decline. The S&P 500 Energy index fell by over 4%, standing in stark contrast to the overall performance of the S&P 500, which registered a substantial gain of 24% during the same period. In addition to this, U.S. natural gas futures saw a significant… For more info go to https://shorturl.at/ceRTU
Natural Gas: Can Natural Gas Continue to Rally in 2024?
Natural gas can be as volatile as the energy commodity is combustible in its raw form. The nearby U.S. natural gas futures for delivery in the Henry Hub in Erath, Louisiana, fell over 40% in 2023, settling at around the $2.50 per MMBtu level. While the 2023/2024 peak demand season began in late November, natural gas prices did
not experience a seasonal rally until early January. The U.S. Natural Gas Fund (UNG) moves higher and lower with volatile U.S. natural gas futures. The Bloomberg Ultra Natural Gas 2X ETF (BOIL) magnifies price action on the upside but also falls more than the natural gas price during bearish periods. The Bloomberg Ultrashort Natural Gas –
2X ETF (KOLD) is the converse product, magnifying downside price action while quickly shedding value when U.S. natural gas futures … For more info go to https://shorturl.at/cfqPU
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The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.
