Jerry Jones Is Betting on Natural Gas. Should You?

Ok excuse my ignorance...so you are saying buying shares in NG producers is the way to bet on production?
I don’t have $500M to buy a company right now.
Serious (maybe stupid) question.

 

I have already archived my NG chart till winter time.

 

Gotto admit, it doesnt look inspiring, even as a shareholder.

Chesapeake Energy
Independent energy company, Chesapeake owns more than 45,000 wells in the US, of which around 85 per cent produce natural gas. Heavily leveraged into shale gas, Chesapeake has recently started to push LNG as automotive fuel.
Market Cap: $21.78 billion (2011)
Revenue: $9.4 billion (2010)
Employees: 10,021
Average Daily Natural Gas Production: 2.6 billion cubic feet.
Worldwide Reserves: 14.3 trillion cubic feet of gas equivalent

 

Looks like a triple-bottom to me.

 

and the price keep on going lower and lower. Now it is at 2.2

 

now price is at 2.2.
still no sign of price reversing to go up.

 

The Natural Gas Market Is in a Summer Meltdown
The price of the August natural-gas futures contract dropped to a new three-year low


Natural gas prices typically rise in the summer, but this year is an exception. Here, a flare near Pecos, Texas. Photo: James Durbin for The Wall Street Journal
By
Ryan Dezember
Updated July 26, 2019 4:37 pm ET



Some of the country’s largest natural gas producers are tearing up their drilling plans, relenting to prices for the fuel that have fallen to their lowest summer level in two decades.

Natural gas prices typically move higher in the heat of the summer, as demand from electricity plants surges to power air conditioners. This month’s heat wave in the Eastern U.S. has generated record consumption at power plants, yet natural gas prices have continued to slide due to bountiful supplies.


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NG getting rather tradable even during summer time.

 

Interestingly price gapped down when market opened this week.

 

perhaps time for me to remove NG chart from my active
workspace, and put it in archive folder.
its day range is not that great compare with previous years.

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Natural gas is one of the few trades that hasn’t worked on Wall Street, down 50% in 12 months
PUBLISHED MON, DEC 2 20191:36 PM ESTUPDATED 4 HOURS AGO

Pippa Stevens@PIPPASTEVENS13




KEY POINTS

• Natural gas prices fell to a one-month low on Friday, and are currently nearly 50% below where they traded a year ago.
• Warmer temperatures and record production levels have led to oversupply concerns.
• The “recent dip in prices may have run its course,” MKM Financial’s Jeff Kilburg said. “I believe you have to respect the range and view the recent selling action as a Black Friday sale for Nat Gas,” he added.
• Longer-term Bespoke Weather chief meteorologist Brian Lovern said that if warmer temperatures continue prices could plunge below the $2.00 level.

 

Yeah, when there’s a shit ton of a commodity available on the supply side - the thrill is gone.