Has Natural Gas Bottomed?
The following video is part of our "Motley Fool Conversations" series, in which analyst Paul Chi and senior analyst Matt Argersinger discuss topics around the investing world.
In today's edition, Paul and Matt discuss the possibility of a natural gas rebound. The price of natural gas has hit a 10-year low, which has also caused the gas-directed rig count to find its own 10-year low. With increasing evidence from many of the heavy hitters in the onshore North American natural gas space showing reductions in dry gas capital expenditures, we just might start to see a bottom soon, if we haven't already.
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At the time this article was published Matt Argersinger has no positions in the stocks mentioned above. Paul Chi owns shares of Chesapeake Energy and Southwestern Energy and has options on Southwestern Energy. The Motley Fool owns shares of Ultra Petroleum.Motley Fool newsletter services recommendUltra Petroleum. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.