Saturday, February 2, 2013

Natural Gas: NASDAQ and

NYMEX Natural gas futures have essentially flatlined since the dramatic drop from the highs achieved in 2007-08 close to $14/mmBtu.  Investment in Shale gas and natural gas assets continues make headlines.  The world is awash in supply of natural gas, and climate change is not helping matters - though the added expectations of air quality management and omnipresent air conditioning is also a factor.  BElow are two alternate investment vehicles, an ETF and Options path for NatGas investments.  I also follow Encana.  The small green arrow points to when Randy Eresman stepped down.  Does NatGas have a strong future?  Watching and Learning.

UNG - The investment objective of UNG is for the changes in percentage terms of the units%u2019 net asset value to reflect the changes in percentage terms of the price of natural gas delivered at the Henry Hub, Louisiana, as measured by the changes in the price of the futures contract on natural gas traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less UNG's expenses.

NGX - The Natural Gas Index is designed to measure the performance of highly capitalized companies in the natural gas industry involved primarily in natural gas exploration and production and natural gas pipeline transportation and transmission.

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