![]() ![]() Its net income will fall into the red, too. The company’s estimated revenue will fall by 8% in 2019 and another 8% in 2020. Natural gas producers need to cut output sharply to bring back the demand-supply equilibrium, but companies like Chesapeake Energy are unlikely to do that. Investors and traders analyse the pre-market trading. Speculators just need winter showing up again, with cooling temperatures driving natural gas demand higher. The Pre Open Market is the period of trading activity that occurs before the regular market session. Persistently warm weather will pressure natural gas prices to the downside, hurting Chesapeake Energy investors.ĭespite the unpredictable nature of the weather, natural gas prices at the $2.00 level in the winter is unprecedented. In addition to specific proprietary factors, Trade-Ideas identified Chesapeake Energy as such a stock due to the following factors: CHK has an average. This also hurt shares of Antero Resources (NYSE: AR) and Southwestern Energy (NYSE: SWN). Naturalgasintel said that “warmer-than-normal patterns through the first half of January continued to pressure natural gas futures lower.”ħ Inflation-Beating REITs to Ground Your Income Portfolio Premarket orders are matched electronically through ECNs Brokers can set their own rules for premarket trading, so make sure to check with them The platform. This year started with futures sliding further on January’s warmth. ![]()
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