Geopolitics Alpha

Natural Gas Storage Build Misses Estimates, but Surplus Widens

Published . Updated .

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ENERGYNatural Gas Storage Build MissesEstimates, but Surplus WidensGEOPOLITICS ALPHA

This report is about natural gas.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-19.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • LNG Cheniere Energy+5.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • EQT Eqt+4.3% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG-1.02%-2.91%base+0.22%after closeafter closeafter close
XLE+8.14%+5.85%base+1.12%after closeafter closeafter close
LNG+9.22%+6.72%base+0.13%after closeafter closeafter close
EQT+3.85%+4.42%base+0.57%after closeafter closeafter close
KMI+7.75%+3.81%base+0.22%after closeafter closeafter close
WMB+10.31%+4.88%base-0.77%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Natural Gas Storage Build Misses Estimates, but Surplus Widens Natural Gas Intelligence

Source: Natural Gas Intelligence

Energy

CompanyWhenMoveStatus
EQTthat day+0.57%still updating
EQTthree days earlier+4.42%final price
EQTfive days earlier+3.85%final price
KMIthat day+0.22%still updating
KMIthree days earlier+3.81%final price
KMIfive days earlier+7.75%final price
LNGthat day+0.13%still updating
LNGthree days earlier+6.72%final price
LNGfive days earlier+9.22%final price
UNGthat day+0.22%still updating
UNGthree days earlier-2.91%final price
UNGfive days earlier-1.02%final price
WMBthat day-0.77%still updating
WMBthree days earlier+4.88%final price
WMBfive days earlier+10.31%final price
XLEthat day+1.12%still updating
XLEthree days earlier+5.85%final price
XLEfive days earlier+8.14%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

25 out of 100Price not final

“Natural Gas Storage Build Misses Estimates, but Surplus Widens” scores 25 out of 100. The score uses 2 sources. The price is not final yet.