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re: Best Stocks to Play the Natural Gas Market?

Posted on 1/17/20 at 10:33 am to
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 1/17/20 at 10:33 am to
quote:

Dude Gas has been down for like several years now. There’s so much over supply that it doesn’t correlate with weather anymore.



Natty looking for the 1 handle today...that's why the best advice for investing in nat gas at any level is G. T. F. O!

And the glut goes beyond domestic...the world market/LNG is oversupplied too. LNG is trading at fricking $5...exporters have a sweet $3 delta to play with. I don't see how it works.
Posted by TigerDog83
Member since Oct 2005
8275 posts
Posted on 1/18/20 at 1:20 pm to
I think natural gas comes back in 2-3 years once a lot of the indebted drillers die. Call me crazy compared to Wall Street (who still hasn’t sufficiently withdrawn capital) but they have to be forced out of the market if they can’t make money. Maybe 20 % of the shale oil and gas drillers will be alive to reap the rewards and I wouldn’t put a penny in a single one until the market turns. May just be mainly majors left with any scale at that point anyways. The Permian will finally plateau once the uneconomic drilling ceases and the market can re balance.
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