Why Did Natural Gas Prices Finish Down Nearly 8% Last Week?
CTRACoterra(CTRA) ZACKS·2024-10-14 21:43

The U.S. Energy Department's latest inventory report showed a higher-than-expected increase in natural gas supplies. Following this bearish data, together with hurricane-induced demand disruption, futures ended the week lower. Natural gas is expected to remain in a volatile state depending on the weather outlook, supply/demand balance etc. In this situation, investors should focus on resilient stocks like Coterra Energy (CTRA) and EQT Corporation (EQT) , while it may be wise to avoid higher-risk options lik ...