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Natural Gas Prices Fall for the First Time in Six Weeks
CTRACoterra(CTRA) ZACKS·2024-10-08 13:40

The U.S. Energy Department's latest inventory report showed a lower-than-expected increase in natural gas supplies. Despite this bullish data, futures ended the week lower due to worries over the commodity's immediate consumption. Natural gas is expected to remain volatile depending on the weather outlook, supply/demand balance etc. In this situation, investors should focus on resilient stocks like Coterra Energy (CTRA) and Cheniere Energy (LNG) , while it may be wise to avoid higher-risk options like Comst ...