Why Oil’s Moves Could Matter to Natural Gas–Weighted Stocks
The natural gas–weighted stocks under review that are sensitive to US crude oil September futures’ movements based on their last five trading sessions’ worth of correlations with US crude oil September futures are as follows: Chesapeake Energy (CHK) at 69.5% Antero Resources (AR) at 43.6% Southwestern Energy (SWN) at 33.8%