Geopolitics Alpha

Unitil's Maine Natural Gas swaps bank debt for $40M in five-year notes at 5.95%

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ENERGYUnitil's Maine Natural Gas swapsbank debt for $40M in five-yearnotes at 5.95%UTLGEOPOLITICS ALPHA

This report is about natural gas and US interest rates.

Directly affected

  • UTL Unitil+4.0% 5d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-7.2% 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+7.4% 30d

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

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story.

  • XLF Financial Select Sector SPDR-3.9% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.

  • BAC Bank of America-15.0% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

  • LNG Cheniere Energy+8.9% 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+4.5% 19d

    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.

  • JPM JPMorgan Chase-5.3% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UTL-3.23%-0.56%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
TLTNo price data for this ticker———————
XLFNo price data for this ticker———————
BACNo price data for this ticker———————
LNGNo price data for this ticker———————
EQTNo price data for this ticker———————
JPMNo price data for this ticker———————

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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Unitil's Maine Natural Gas swaps bank debt for $40M in five-year notes at 5.95% Dealroom

Source: Dealroom

Energy

CompanyWhenMoveStatus
UTLthree days earlier-0.56%final price
UTLfive days earlier-3.23%final price
XLEthree days earlier-2.96%final price
XLEfive days earlier-2.42%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

12 out of 100

“Unitil's Maine Natural Gas swaps bank debt for $40M in five-year notes at 5.95%” scores 12 out of 100. The score uses 1 sources.