Q: Good Morning 5i team
Temperatures are dropping in the US big time and another cold winter is likely. Natural gas is a major fuel source for both heat and electricity. It is produced as we all know largely as an "associated gas" when oil is pulled out of the ground.
According to S&A Resource Report, Natural Gas supply/inventory is at a 5 year low in the US. And at $60 PB many of the oil producers will be shutting down less profitable wells in turn reducing NG production when it appears it may be needed the most.
My question is this... which well managed NG producing Canadian Companies would you recommend? And what is your view on my above comments?
Thanks for all you do
Gord
Temperatures are dropping in the US big time and another cold winter is likely. Natural gas is a major fuel source for both heat and electricity. It is produced as we all know largely as an "associated gas" when oil is pulled out of the ground.
According to S&A Resource Report, Natural Gas supply/inventory is at a 5 year low in the US. And at $60 PB many of the oil producers will be shutting down less profitable wells in turn reducing NG production when it appears it may be needed the most.
My question is this... which well managed NG producing Canadian Companies would you recommend? And what is your view on my above comments?
Thanks for all you do
Gord