Wednesday, January 18, 2017 10:57:18 AM
Natgas will pop tomorrow because we have a huge draw coming. I see SWN near its annual bottom here. Medium price target is $13. I see this price coming by the end of February 2017.
I also see LNG demand picking up strong.
Natgas inventories reached a record high of 4,050 Bcf during mid-November. Draws in recent weeks have been larger than normal, and inventories ended December below the previous five-year average for the first time since the end of April 2015. The draw next Tuesday is expected to be 250 Bcf, 150 Bcf higher than normal. Based on an assumption of relatively cold temperatures in the first quarter of 2017, I see inventories to be only 1,300 Bcf at the end of April, which would be much below the five-year average.
The futures looks bright for SWN!
Recent SWN News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:31:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:28:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:18:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:15:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:12:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:06:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:21:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:20:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:18:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:17:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:16:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:14:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:13:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:11:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:08:31 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 02/22/2024 10:22:27 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/22/2024 10:12:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 10:10:05 PM
- Southwestern Energy Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 02/22/2024 10:08:00 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 02/15/2024 10:13:41 PM
- Southwestern Energy Schedules Fourth Quarter Earnings Release Date for February 22, 2024 • Business Wire • 02/15/2024 10:06:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 06:48:52 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 01/12/2024 10:00:12 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 01/11/2024 10:28:19 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 01/11/2024 10:23:32 PM
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM