CHK Jan 2025 60.000 put
- Reuters
US natgas prices hold near 14-week high as lower demand offsets lower output
Front-month gas futures for June delivery on the New York Mercantile Exchange remained unchanged to $2.199 per million British thermal units (mmBtu) at 9:47 a.m. EDT (1347 GMT). Gas flows to the seven big U.S. LNG export plants rose from an average of 11.9 bcfd in April to 12.4 bcfd so far in May with the return of Freeport in Texas from maintenance and inspection work.
- Reuters
UPDATE 1-US natgas prices up 3% to 14-week high on rising demand for LNG feedgas
U.S. gas production was down about 9% so far in 2024 after several energy firms, including EQT and Chesapeake Energy , delayed well completions and cut back on other drilling activities after prices fell to 3-1/2-year lows in February and March. EQT is currently the biggest U.S. gas producer and Chesapeake is on track to become the biggest producer after its merger with Southwestern Energy. In the spot market, meanwhile, analysts said upcoming gas pipeline maintenance on U.S. energy company Kinder Morgan's Permian Highway Pipeline from May 7-12 and Gulf Coast Express from May 14-21 could push average next-day gas prices at the Waha Hub in West Texas back into negative territory for the first time since mid-April.
- Insider Monkey
Chesapeake Energy Corporation (NASDAQ:CHK) Q1 2024 Earnings Call Transcript
Chesapeake Energy Corporation (NASDAQ:CHK) Q1 2024 Earnings Call Transcript May 1, 2024 Chesapeake Energy Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and welcome to the Chesapeake Energy Corporation’s First Quarter 2024 Earnings Conference Call. All participants […]
