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Author Topic: NG price (NYMEX front month) 2018  (Read 303108 times)

macal

  • Posts: 9190
Re: NG price (NYMEX front month) 2017
« Reply #1755 on: December 25, 2017, 05:22:57 AM »



  It would be nice if we were getting nymex pricing in NE PA.
  In some cases its half that. 2018 lets hope.

shinobi

  • Posts: 4159
Re: NG price (NYMEX front month) 2017
« Reply #1756 on: December 25, 2017, 05:03:25 PM »
Christmas 2017 7:57pm ET

$2.74

Up a bit more.  Trading has resumed.

Looking at one solid week commencing Wednesday when daytime temperatures, at least here where I live, will not crack 20oF on the upside and will be in the single digits or lower at night.  THAT oughta pull down those NG reserves a little and will, I hope, re-inflate the price.

aubrey

  • Posts: 14209
  • NEWBIE
Re: NG price (NYMEX front month) 2017
« Reply #1757 on: December 27, 2017, 01:29:48 PM »
the next storage report will be for the warmer period a week ago. I expect about a 50-60 bcf withdrawal, which won't move the needle much on pricing.

small cap energy stocks had been surging. big hit for some today, perhaps because some investors are anticipating tomorrows report.

the biggest surprise to me is how poorly swn has been doing. picked up a bunch cheap a week ago, and was hoping to cash out by now. guess I'm gonna hold it another week or 2.

wj
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macal

  • Posts: 9190
Re: NG price (NYMEX front month) 2017
« Reply #1758 on: December 28, 2017, 03:46:02 AM »
 
  SWN got $1.06 in October from what I hear. Cold weather is setting in. Maybe that will give everyone a good bump on royalties. Let's hope so.

shinobi

  • Posts: 4159
Re: NG price (NYMEX front month) 2017
« Reply #1759 on: December 28, 2017, 05:08:31 AM »
Thursday 28 December 2017 7:51am ET

$2.84

Up 24¢ from one week ago.

aubrey

  • Posts: 14209
  • NEWBIE
Re: NG price (NYMEX front month) 2017
« Reply #1760 on: December 28, 2017, 07:50:50 AM »
the storage report shows a 112 bcf withdrawal. that's good news, much better than I expected, and about average for this time of year. also explains this mornings price bump.

next week should be sweeter. it's 13 degrees this morning in north Carolina, colder across the whole country now.

wj
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shinobi

  • Posts: 4159
Re: NG price (NYMEX front month) 2017
« Reply #1761 on: December 29, 2017, 12:24:10 PM »
Friday 29 December 2017 3:10pm ET

$2.95

shinobi

  • Posts: 4159
Re: NG price (NYMEX front month) 2018
« Reply #1762 on: January 01, 2018, 05:02:09 AM »
New Year's Day 2018 8:00am ET

$2.95

Happy New Year!

macal

  • Posts: 9190
Re: NG price (NYMEX front month) 2018
« Reply #1763 on: January 01, 2018, 05:05:59 AM »



  Do you have a Nymex pricing clause in your lease ?

shinobi

  • Posts: 4159
Re: NG price (NYMEX front month) 2018
« Reply #1764 on: January 01, 2018, 05:11:44 AM »



  Do you have a Nymex pricing clause in your lease ?

Nope.  Am unaware of such a lease, though I concede anything is possible.

I just get whatever my gas, after it is finished, sells for to an unaffiliated third party.  What the gas company gets, I get . . . at least as of today.

macal

  • Posts: 9190
Re: NG price (NYMEX front month) 2018
« Reply #1765 on: January 01, 2018, 05:20:25 AM »



  Just wondered because Repsol is paying royalties far above most others and is close to Nymex pricing from what I have seen lately.

shinobi

  • Posts: 4159
Re: NG price (NYMEX front month) 2018
« Reply #1766 on: January 02, 2018, 05:50:13 AM »
Tuesday 02 January 2018 8:35am ET

$3.02

Finally the traders are paying attention to the weather.

Coldest weather of season is expected later this week.

We ain't seen nuthin' yet.

aubrey

  • Posts: 14209
  • NEWBIE
Re: NG price (NYMEX front month) 2018
« Reply #1767 on: January 02, 2018, 08:01:06 AM »
better hope they're not watching the forecast, 'cuz warmer weather is on the way.

wj
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ghrit

  • Posts: 3255
  • Member since October 05, 2008
Re: NG price (NYMEX front month) 2018
« Reply #1768 on: January 02, 2018, 08:09:39 AM »
better hope they're not watching the forecast, 'cuz warmer weather is on the way.

wj
Yep, the standard January thaw is pending.
There are two kinds of ships.  Submarines and targets.
www.survivalmonkey.com

aubrey

  • Posts: 14209
  • NEWBIE
Re: NG price (NYMEX front month) 2018
« Reply #1769 on: January 02, 2018, 08:50:51 AM »
we oughta do lunch at the old farts café!  slaplaugh

wj
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