Industry Overview - The current winter in the United States has been particularly cold, creating a favorable environment for investing in natural gas stocks [1] - Natural gas futures are projected to increase by 12% year-over-year as of January 9, 2025, with the U.S. Energy Information Administration (EIA) forecasting LNG prices to average 1.17 per share, marking eight consecutive years of increases [6] Company Analysis: ONEOK - ONEOK operates over 50,000 miles of pipelines and specializes in natural gas and natural gas liquids [7] - The company has achieved a 14% year-over-year growth in earnings per share over the past three years, with analysts forecasting a 17% growth in the next year [8] - Recent price action suggests a buying opportunity, with a consensus price target of around $115, indicating an 11% potential stock price gain alongside a dividend yield of 3.86% [8] Company Analysis: NGL Energy Partners - NGL Energy Partners operates a network of midstream pipelines and storage facilities, managing natural gas, water pipelines, and crude oil [10] - Despite a lighter earnings report, NGL stock has risen approximately 28% since the earnings report, with analysts projecting positive earnings of 11 cents for the full year [11]
3 Natural Gas Stocks Set to Thrive in This Winter's Freeze