juzbeachy
Sep 30, 2:11 PM
$EXE Forward strip for NG futures. While NG is largely weather dependent, LNG exports are running 18 bcf/d a 16% YOY increase and is projected to increase further in 2027. Gas burn power demand was flat YOY, but is expected to increase by 6% next summer. So there may be some structural shifts occurring that begin to put a floor under NG prices, which is bullish for EXE longer-term.
0 replies