Analyzing Natural Gas Prices
On June 12, natural gas July futures fell 0.3% and settled at $2.94 per MMBtu (million British thermal units). On the same day, Chesapeake Energy (CHK) and Southwestern Energy (SWN) fell 2.2% and 0.2%, respectively, while Cabot Oil & Gas (COG) rose 0.2%. These three stocks were the underperformers on our list of natural gas–weighted stocks.