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September Nymex natural gas (NGU26 ) closed down -0.048 (-1.79%) on Thursday. Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and settled lower on a larger-than-expected storage build. The EIA reported that nat-gas inventories rose by +33 bcf in the week ended July 31, above expectations of +30...
SRE tops Q2 earnings estimates as utility and infrastructure profits surge, but revenues dip and miss forecasts despite stronger operating cash flow.
ET's discounted valuation, rising earnings estimates and fee-based cash flows support its appeal, but lower ROE and higher debt suggest patience.
Energy stocks were lower late Thursday afternoon, with the NYSE Energy Sector Index falling 1.6% and
Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index falling 1.9% and the
Energy stocks are sliding following the announcement of a U.S.-Iran agreement. But some are more stable than others.
Energy Transfer trails peers despite its 140,000-mile pipeline network, NGL export expansions and 18 distribution hikes in five years.
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