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US natural gas producers and pipelines have pivoted almost in unison this year to talking up what they see as one of the strongest bullish cases for gas this decade: surging electricity demand from yet-to-be-built data centers to power artificial intelligence software.
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A global glut in natural gas supplies and moderately lower gasoline prices will likely more than offset any benefits of surging first-quarter crude oil prices for ExxonMobil and Chevron.
Overall, the energy sector is expected to report -31.4% earnings decline for the fourth quarter, the worst among the market’s 11 sectors.
S&P 500 Energy Sector Earnings Update: Q3 2023 Earnings By John Butters| October 30, 2023 The Energy sector is a...
February natural gas futures floundered most of Friday but bounced back in the final hour, avoiding a fourth-consecutive loss under the pressure of steady