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Timothy Smith

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Timothy Smith

Re: Jld3294 post# 251

Monday, 07/29/2013 10:35:10 PM

Monday, July 29, 2013 10:35:10 PM

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Anadarko’s natural gas sales revenue is expected to receive a boost from sharply higher commodity prices.

Average Henry Hub Gulf Coast natural gas spot prices during the second quarter have been more than 75% higher than the previous year quarter, fluctuating around $4 per million British thermal units (MBtu).

The increase in prices can be partly attributed to strong demand brought about by a prolonged winter, which could reverse during the summer. Moreover, rising hopes of higher natural gas exports have also buoyed the outlook for natural gas prices in the U.S.

Oil & Gas | OTCBB | OTCQB | Pink Sheets

Purely my own opinion. This is not investment advise and do your own due diligence.

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