Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
33 people get DCNG articles and Market Currents by email alert.
Get email alerts on DCNG »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
To learn more about Seeking Alpha Pro, click here.
There are no Focus articles on DCNG.
There are no Transcripts on DCNG.
There are no News articles on DCNG.
DCNG vs. ETF Alternatives
DCNG Description
The iPath® Seasonal Natural Gas ETN is linked to the Barclays Capital Natural Gas Seasonal TR Index (the "Index"). The Index reflects the returns that are potentially available by maintaining an unleveraged investment in a rolling position in Henry Hub Natural Gas futures contracts plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
The Index is comprised of a single exchange traded futures contract, except during the roll period when the Index may be comprised of two futures contracts. However, unlike many commodity indices, which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the Index is composed of a single contract that expires in December and rolls annually. In October of each year the Index closes out its position in the current year's December contract and rolls into a Natural Gas futures contract expiring in December of the next calendar year.
See more details on sponsor's website
See more details on sponsor's website
Key Info
- In Your Portfolio: A Guide to Commodity ETFs and ETNs
- Asset Class Performance: Commodities
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, May 13, 7:25 PM Moody's predicts "historically low" natural gas prices will remain for some time because North America's shale-drilling revolution is "deeply entrenched." If right, that's bad news for the likes of Encana (ECA) and other natural gas producers but more encouraging for Agrium (AGU) and other ammonia and methanol producers that will enjoy "lower natural gas input costs." 1 Comment [Energy]
- Friday, May 3, 10:47 AM Natural gas prices in the northeast U.S. could hit five-year seasonal highs this summer because increasing demand from power plants may be too much for pipelines to handle, analysts say. Kinder Morgan Partners (KMP), Spectra Energy (SE) and Williams Cos. (WMB), which own the region’s main interstate pipelines, say their systems are running at or near capacity. Comment! [Energy]
- Thursday, April 18, 12:59 PM Natural gas (UNG +4.2%) rises to its highest price since mid-2011 after a smaller-than-expected add to stocks. At play here, suggests Tradition Energy, is an unusually cold spring adding to heating demand. Warmer temps and the looming restart of idled nuclear plants could limit future gains. 3 Comments [Commodities, On the Move]
- Wednesday, April 10, 2:53 PM An industry-backed group raises its estimate of technically recoverable natural gas reserves in the U.S. by 28% to 2,384T cu. ft., more than 90x the amount of gas consumed in the U.S. last year. The report projects the amount of gas that can be recovered with existing technology but does not address whether the gas can be produced at a reasonable cost. 3 Comments [Energy]
- Friday, April 5, 4:45 PM Japan wants to invest billions of dollars directly in natural gas infrastructure in western Canada as part of a plan to secure massive supplies of liquefied natural gas to replace nuclear power, Financial Post reports. LNG transportation costs from Canada are lower because of proximity to Asia, and Japan believes LNG exports are more likely to move ahead from Canada than the U.S. west coast. 4 Comments [Energy, Global & FX]
- Friday, April 5, 10:32 AM Bill Barrett (BBG +5.2%) is upgraded to Buy from Neutral at Goldman Sachs, which believes the surplus in natural gas is over and prices should rise to the upper end of $4.00-$4.50 per MMBtu. Goldman says BBG is "in the early stages of an improving resource base trading at an attractive valuation likely to be supported by rising gas prices." COG +2.5%, SWN +2%. Comment! [Energy, Quick Ideas, On the Move]
- Thursday, March 28, 2:12 PM The number of natural gas drilling rigs working in the U.S. fell by 29 in the latest week to 389, near a 14-year low, while oil rigs climbed by 30 to 1,354, according to the latest Baker Hughes rig count. Gas rigs have shrunk to almost a fourth of their Sept. 2008 peak as a supply glut pushed prices to 10-year lows and drove energy producers toward more profitable oil and liquids-rich plays. 3 Comments [Energy]
- Thursday, March 28, 11:12 AM The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next month, giving conditional approval and then proceeding to examine Japanese companies and their shale gas projects on a case-by-case basis. Japan's LNG imports have been rising since the 2011 Fukushima nuclear plant disaster, and U.S. LNG prices have been falling due to the sharp rise in shale gas output. 3 Comments [Energy, Global & FX]
- Friday, March 22, 2:52 PM The number of rigs drilling for natural gas in the U.S. fell for the third time in four weeks, according to the latest Baker Hughes rig count, as producers continued to cut down on dry gas drilling despite strong price gains in recent weeks. The gas-directed rig count, which fell by 13 to 418, now hovers just above the 14-year low of 407 posted two weeks ago. 2 Comments [Energy]
- Friday, March 22, 12:36 PM Cold winter weather in the eastern U.S. has pushed natural gas futures above $4/mmbtu, but ISI's Jonathan Wolf sees prices declining to $3.50, citing not just the onset of warmer weather but high supply and limited near-term coal-to-gas switching. Tudor Pickering also is cool to jumping into gas-focused energy firms, since "bad things start happening (less demand and more rigs/supply)" when gas rises above $4. 1 Comment [Energy, Commodities]
- Monday, March 18, 10:24 AM Natural gas is threatening $4/MBTUs for the first time in 17 months as winter has shown no sign of exiting and MDA Weather Services is predicting lower-than-normal temps for most of the country for the rest of the month. "We could see three more weeks of (storage) withdrawals" at a time when most are positioned for additions, says an analyst. UNG +2.5%. 9 Comments [Commodities, On the Move]
- Monday, March 11, 10:40 AM More on the Baker Hughes drilling rig count: The U.S. natural gas rig count declined to 407, the lowest level since 1999. It's not a relevant comparison statistic anymore, says an observer, as yields on wells have grown so much. UNG +5.4% YTD. 2 Comments [Commodities]
- Friday, February 15, 12:02 PM Natural gas names such as Chesapeake (CHK -1.4%), Petroquest (PQ -3.8%) and EOG (EOG -2.7%) slump after experts say the Marcellus Shale gas boom will slow this year as drillers wait for pipelines to expand, new markets to develop and wholesale prices to rise. Hiring has tapered off, a big difference from recent years when production soared and companies spent billions on leases, well drilling and infrastructure. 6 Comments [Energy, On the Move]
- Friday, February 8, 8:20 AM Tepco's deal to import liquefied natural gas from the proposed Cameron LNG project (SE) in the U.S. starting in 2017 could have wider repercussions in the global LNG market by helping break the link between oil and LNG and eventually helping to bring world LNG prices down, Macquarie Research says. The project in Louisiana has yet to gain the government's approval for export. 1 Comment [Energy]
- Thursday, January 31, 2:39 PM Unusual trading was seen in the moments before the natural gas storage report this morning, reports CNBC, with about 250K contracts sold just fractions of a second before the news hit. A look at the charts finds gas diving just ahead of the release and soaring after. 8 Comments [Commodities]
- Thursday, January 31, 9:39 AM Shell's (RDS.A, RDS.B) Peter Voser tells CNBC he doesn't expect a major recovery in U.S. natural gas prices, as prices rebound 24% Y/Y to $3.23/Mbtu: "It'll take a little bit longer until it comes back to a range that we think should be around $3-$5 or $4-$6, where most projects would make sense." Voser says Shell is on track in its four-year journey to deliver 30%-50% cash flow growth (Q4). Comment! [Energy, Commodities]
We currently have no instablog posts on this stock.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.