Natural gas futures up 12% o'night when the market was surprised by a smaller than expected increase in storage levels. In one move o'night nearly half of the last six weeks decline in natural gas prices has been erased. US O&G stocks were up strongly. That could set the platform for a revival of confidence in our O&G stocks as well.
Let's hope EXE gets a little bit of that sugar. That sort of news would be nice if it coincides today with some news on the drill rig movements.
http://www.cnbc.com/id/47816037
EXE Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held