Previous close | 83.47 |
Open | 83.68 |
Bid | 83.07 x 800 |
Ask | 83.09 x 900 |
Day's range | 82.81 - 84.11 |
52-week range | 72.17 - 91.00 |
Volume | |
Avg. volume | 2,202,503 |
Market cap | 10.919B |
Beta (5Y monthly) | 0.50 |
PE ratio (TTM) | 4.93 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.91 (3.48%) |
Ex-dividend date | 06 Mar 2024 |
1y target est | N/A |
The natural gas space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. We advise focusing on fundamentally solid companies such as CTRA and LNG.
SUPPLY AND DEMAND Financial firm LSEG said gas output in the Lower 48 U.S. states fell to an average of 100.4 billion cubic feet per day (bcfd) so far in March, down from 104.1 bcfd in February. On a daily basis, output was on track to drop by around 6.1 bcfd over the last month to a preliminary seven-week low of 99.3 bcfd. With cooler weather coming, LSEG forecast U.S. gas demand in the Lower 48, including exports, would rise from 110.3 bcfd this week to 113.2 bcfd next week.
Deckers Brands and Havertys are part of the Zacks Bull and Bear of the Day article.