Sign in Subscribe

natural-gas

NOG's Q3 Hedge Book Is Right at Spot: What Non-Op Capital Does When the Cushion Disappears (NOG)

NOG's Q3 Hedge Book Is Right at Spot: What Non-Op Capital Does When the Cushion Disappears (NOG)

NOG | NYSE | Source data: Q1 2026 earnings release and 10-Q (filed April 28–29, 2026), June 1, 2026 8-K (Parallax Acquisition close), hedge table as of April 20, 2026; commodity prices: Yahoo Finance, July 1, 2026 Northern Oil and Gas enters Q3 2026 with its crude oil swap

Aerial view of active land drilling rig pad in the Permian Basin

EQT and Expand Energy at Q2 Close: The Gas Divergence Trade Is Working, But Q3 Is the Real Test

EQT | NASDAQ | EXE | NASDAQ. Source data: EQT Q1 2026 10-Q (EDGAR, filed April 22, 2026); Expand Energy Q1 2026 10-Q (EDGAR, filed April 28, 2026); Yahoo Finance commodity prices, June 30, 2026; EIA natural gas storage series. WTI closed out Q2 at $70.44 per barrel on Tuesday.

Q2 Closes at $71: WTI's Quarter-End Print and the Gas Divergence That Isn't Going Away

Q2 Closes at $71: WTI's Quarter-End Print and the Gas Divergence That Isn't Going Away

WTI closes Q2 at $70.95 as OPEC+ supply math resets operator price decks. Henry Hub diverges higher at $3.22. Tuesday Technology beat: EQT and EXE's AI data center positioning.

WTI at $70 and the LNG Bet: Monday's Weekly Setup

WTI at $70 and the LNG Bet: Monday's Weekly Setup

WTI opened Monday at $69.92 — a dollar bounce off last week's $68.88 close, but the context hasn't changed. Sub-$70 crude is now the new base case, and the market's first real test of operator resolve arrives this week through Q2 guidance

WTI Slides to $73.69 as Hormuz Risk Premium Drains: Tuesday's Oil-Gas Split

WTI Slides to $73.69 as Hormuz Risk Premium Drains: Tuesday's Oil-Gas Split

WTI holds $73.69 as Hormuz risk premium drains, Iran courts Asian refiners, and the oil-gas split sharpens. Plus: AI data center power demand and what it means for gas producers.

Active Permian Basin oilfield services operation — frac spread with crane and sand storage silos

Production Services at $75 WTI: Compression Holds, Margins Thin, Operators Wait

Compression is at full utilization. Artificial lift is sticky. And RPC's CEO says operators are maintaining rather than cutting. The production services sector is telling a different story than the rig count suggests.

Permian Basin production facility aerial view

Gas Holds While Oil Slips: EQT and Expand Energy's Structural Advantage at $75 WTI

EQT | NYSE | EXE | NASDAQ | Source data: Q1 2026 10-Q filings (EQT accession 0000033213-26-000030, April 22, 2026; EXE accession 0000895126-26-000028, April 28, 2026), Yahoo Finance commodity data, FRED DHHNGSP series The Divergence That Changed the Game At $75.26 WTI and $3.21 Henry Hub, the