General

Matador Bullish Even on Weak Waha Prices, as NGLs Diversifying Delivery Options

This post was originally published on this siteDallas-based independent Matador Resources Co. delivered better-than-expected results during the first quarter, with Permian Basin-heavy natural gas production jumping 36%. Gas output reached nearly 390 MMcf/d, 4% higher than guidance. That came even as average realized gas prices were $2.96/Mcf, about 25% lower year/year. What stoked the performance […]

Matador Bullish Even on Weak Waha Prices, as NGLs Diversifying Delivery Options Read More »

Plunging Haynesville Production Leads Overall Natural Gas Supply Cut; Price Response Muted

This post was originally published on this siteNatural gas exploration and production (E&P) companies in the Haynesville Shale continue to drive overall cuts to Lower 48 supply. Output there is down nearly 20% from a year earlier and continues to slide following well-telegraphed efforts to slow activity and balance an oversupplied market. Prices, however, have

Plunging Haynesville Production Leads Overall Natural Gas Supply Cut; Price Response Muted Read More »

Dip in gas prices takes its toll on profit but multi-energy recipe still comes through for TotalEnergies

This post was originally published on this siteTotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices. The post Dip in gas prices takes its toll on profit but multi-energy recipe still

Dip in gas prices takes its toll on profit but multi-energy recipe still comes through for TotalEnergies Read More »

Ahead of May Expiry, Natural Gas Futures Faltering as Storage Surplus Grows

This post was originally published on this siteAs traders contemplated a swelling storage surplus amid mild springtime temperatures, natural gas futures were down sharply ahead of the front month expiration Friday. With volume thin in its final day of trading, the May Nymex contract was off 9.9 cents to $1.539/MMBtu as of 8:35 a.m. ET.

Ahead of May Expiry, Natural Gas Futures Faltering as Storage Surplus Grows Read More »

Shopping Cart