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As US Faces Severe Cold and Snow, These Stocks Are Heating Up
Investopedia· 2026-01-22 18:30
Core Insights - Severe winter weather in the U.S. is expected to increase demand for heating resources, positively impacting stocks of companies in the natural gas and emergency equipment sectors [3][5] - Generac (GNRC) shares have risen over 10% this week due to concerns about potential power outages from harsh winter conditions [1] - Natural gas and energy sector ETFs, such as the U.S. Natural Gas Fund (UNG) and ProShares Ultra Bloomberg Natural Gas (BOIL), have seen significant gains of 34% and 70% respectively since the beginning of the week [1] Company and Industry Summary - Other natural gas and oil producers, including EQT Corp. (EQT), Expand Energy (EXE), and ExxonMobil (XOM), have also experienced stock price increases, although there was a slight pullback on Thursday afternoon [2] - The anticipated cold weather is expected to bring windchill temperatures as low as negative 50 degrees Fahrenheit and significant snowfall across various regions, further driving demand for heating resources [3][5] - Commodity prices for natural gas have surged both in the U.S. and internationally, with similar cold fronts expected to impact Europe and China, although the effects on consumer heating costs may take time to materialize [4]