Jack Haddad

Natural Gas Will Rise Again: UNG and FCG Provide Two Ways to Play

There is an extra form called "1065", correct? It's no bid deal... the company send you the numbers.


On Apr 15 09:30 AM pockyclips 2020 wrote:

> Having just completed my tax returns, I'm less enthused about UNG.
>
> Extra paperwork involved isn't worth it to me. Long term investors
> should look else where. Find a good NG stock or non hedged ETF.

Natural Gas Will Rise Again: UNG and FCG Provide Two Ways to Play

There is an extra form called "1065", correct? It's no bid deal... the company send you the numbers.


On Apr 15 09:30 AM pockyclips 2020 wrote:

> Having just completed my tax returns, I'm less enthused about UNG.
>
> Extra paperwork involved isn't worth it to me. Long term investors
> should look else where. Find a good NG stock or non hedged ETF.

Natural Gas Will Rise Again: UNG and FCG Provide Two Ways to Play

There is an extra form called "1065", correct? It's no bid deal... the company send you the numbers.


On Apr 15 09:30 AM pockyclips 2020 wrote:

> Having just completed my tax returns, I'm less enthused about UNG.
>
> Extra paperwork involved isn't worth it to me. Long term investors
> should look else where. Find a good NG stock or non hedged ETF.

Natural Gas Will Rise Again: UNG and FCG Provide Two Ways to Play

Lara, thanks. I'll examine them closely.


On Apr 14 09:37 AM Lara Crigger wrote:

> You bring up some good ETF ideas, but another interesting play would
> be the MLPs running the pipelines and other NG infrastructure. They're
> not as dependent on the price of natural gas as much as the volume
> conveyed, so barring a super-sustained depression in demand, they're
> going to remain relatively stable for awhile. (We actually talked
> about this in detail a few weeks ago at www.hardassetsinvestor...
> and in our latest podcast, here: www.hardassetsinvestor....)
> Of course, MLPs have their own drawbacks, but they may be a good
> way to jump into NG, what with all the interest in infrastructure
> lately.

Natural Gas Will Rise Again: UNG and FCG Provide Two Ways to Play

Thanks for your insights; I appreciate the data.


On Apr 14 09:33 AM Mad Hedge Fund Trader wrote:

> It's got to be a buy here because were are so close to the shut in
> price of $3.50 where supply disappears. Natural gas ($NATGAS), which
> peaked at $13.50/btu last year, has become the red headed step child
> of the energy complex, plunging a gut churning 72% to a low of $3.40.
> To see demand this weak coming out of a cold winter is nothing less
> than stunning. The credit crisis has forced US companies like Chesapeake
> Energy (seekingalpha.com/symbo...) and Devon Energy (seekingalpha.com/symbo...)
> to scale back exploration, so the US rig count had dropped by half.
> The price collapse is welcome news for consumers, as NG is an essential
> raw material for making naphtha, fertilizer, and plastics and accounts
> for 20% of US electric power generation. It also is a favored fuel
> of the green crowd, as the only products of its combustion are carbon
> dioxide and water. The industry was making the leap from a domestic
> industry to a global one just the global recession punched it right
> between the eyes. The completion of six liquefaction plans in Qatar,
> Russia, Indonesia, and Yemen costing $48 billion is expected to boost
> global production by 25% this year, and more big plants are coming
> on stream in the near future. If I’m right, and those really are
> crocuses out there and not some florid hallucination, then it’s time
> to load the boat with NG.