Articles Tagged "stocks"

Stocks to watch: ONGC

Oil and Natural Gas Corporation is expected to post a sharp decline in profit for the quarter ended December 2008 as falling crude prices and stagnant output offset gains from a projected drop in the company’s subsidy burden due to discounted crude oil sales to state-run refiners. For full story, click here

Natural gas shares up as temperatures fall

Natural gas stocks moved well into positive territory at midday in the face of a Northeastern cold snap as investors shrugged off a demand cut from OPEC in the face of a global economic slowdown and other somber economic developments. For full story, clcik here

South Parse: Talking Turkey

By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]

Winter trade opportunity for Natural gas stocks

With winter coming, investors are given with a trading chance in natural gas stocks. But the duration of this trade depends on the severity of winter weather. Citigroup analyst Gil Yang, said: With rig count dropping and colder weather approaching, natural gas prices are likely to see a near-term rebound carrying the natural gas heavy companies along, [...]

Gas Natural, Fenosa rise on equity swap

Shares in Gas Natural & Union Fenosa outperform after the gas group secures a further 3 % of bid target Fenosa through an equity swap deal with ING. For full story, click here For Gas Natural’s website, click here

Stocks of EnCana fell 4.4 % to C$57.60

EnCanna Corp, Canada’s major natural gas producing company, fell with grain and oil prices in Toronto. The stocks of the company fell 4.4 % to C$57.60. For full story, click here

Natural gas stocks rise

Energy stocks rose with the broad market, with a less-than-expected fall in GDP giving a lift to shares of natural gas producers and oil service firms, even as oil majors Exxon Mobil and Royal Dutch Shell lagged. For full story, click here

Natural gas stocks rises

Energy stocks rallied with the broad market, with a less-than-expected drop in GDP giing a lift to shares of natural gas producers. For full story, click here