NATURAL GAS FUTURES RISE  U.S. natural gas futures rose to a fresh four-week high on Thursday, extending gains into a fifth session

US NATURAL GAS FUTURES RISE TO 4-WEEK HIGH AFTER WEEKLY STORAGE DATA

US NATURAL GAS FUTURES RISE TO 4-WEEK HIGH AFTER WEEKLY STORAGE DATA

 NATURAL GAS FUTURES RISE  U.S. natural gas futures rose to a fresh four-week high on Thursday, extending gains into a fifth session

BUZ INVESTORS   NATURAL GAS FUTURES RISE  U.S. natural gas futures rose to a fresh four-week high on Thursday, extending gains into a fifth session after data showed that domestic supplies in storage rose less than anticipated last week.

U.S. natural gas for August delivery was at $3.117 per million British thermal units by 10:33AM ET (1433GMT), up 2.4 cents, or around 0.8%. Futures were at around $3.075 prior to the release of the supply data.

Natural gas edged higher on Tuesday to notch its fourth wining session in a row on Wednesday.

The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 46 billion cubic feet in the week ended June 23, below forecasts for a build of 52 billion.




NATURAL GAS FUTURES

 

That compared with a gain of 61 billion cubic feet in the preceding week, an increase of 37 billion a year earlier and a five-year average rise of 72 billion cubic feet.

Total natural gas in storage currently stands at 2.816 trillion cubic feet, according to the U.S. Energy Information Administration, 10.2% lower than levels at this time a year ago but 6.4% above the five-year average for this time of year.

Meanwhile, updated weather forecasting models continued to point to increased summer demand in the weeks ahead.

Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on summer heating demand.

Gas use typically hits a seasonal low with spring’s mild temperatures, before warmer weather increases demand for gas-fired electricity generation to power air conditioning.

Nearly 50% of all U.S. households use gas for heating.

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)




Natural gas decreased 0.17 USD/MMBtu February 6

Working gas held in storage facilities in the United States increased

|Chart | Calendar   | TRADE NOW | Natural Gas

United States Natural Gas Stocks Change  | Data | Chart

BUZ INVSTORS Working gas held in storage facilities in the United States increased by 75 billion cubic feet in the week ending May 19 of 2017 . Natural Gas Stocks Change in the United States averaged 0.11 Billion cf from 1994 until 2017, reaching an all time high of 147 Billion cf in July of 2003 and a record low of -287 Billion cf in January of 2014.

gas held in storage facilities

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 -150.00 -87.00 -62.40 51.25 62.67
2016 -164.40 -98.25 -17.00 31.40 70.50 58.25 29.60 28.25 55.80 70.75 8.00 -136.80
2015 -158.40 -179.50 -62.25 62.25 104.60 86.00 67.00 70.25 86.25 78.20 5.00 -50.00
2014 -210.20 -173.00 -43.75 57.25 110.20 23.25 94.50 80.40 97.75 94.20 -40.25 -35.60
* The table above displays the monthly average.
Calendar GMT Reference Actual Previous Consensus Forecast <span data-recalc-dims=(i)" data-toggle="popover" data-placement="top" data-content="Trading Economics forecasts are driven by our analysts expectations and projected using an autoregressive integrated moving average model. " data-original-title="About our Forecasts" />
2017-05-11 02:30 PM 5/May 45Bcf 67Bcf 53Bcf 74.4Bcf
2017-05-18 02:30 PM 12/May 68Bcf 45Bcf 61Bcf 49.6Bcf
2017-05-25 02:30 PM 19/May 75Bcf 68Bcf 71Bcf 64.3Bcf
2017-06-01 02:30 PM 26/May 75Bcf 74.2Bcf
2017-06-08 02:30 PM 2/Jun 73.6Bcf
2017-06-15 02:30 PM 9/Jun 76.8Bcf
 

United States Natural Gas Stocks Change

Natural Gas Stocks Change refers to the weekly change of the natural gas supply situation. This page provides the latest reported value for – United States Natural Gas Stocks Change – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Natural Gas Stocks Change – actual data, historical chart and calendar of releases – was last updated on May of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
75.00 68.00 147.00 -287.00 1994 – 2017 Billion cf Weekly

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)

Nimble Storage reports 2Q loss

Nimble Storage reports 2Q loss

36px) Fz(25px)--sm Fz(32px) Mb(17px)--sm Mb(20px) Mb(30px)--lg Ff($ff-primary) Lts($lspacing-md) Fw($fweight) Fsm($fsmoothing) Fsmw($fsmoothing) Fsmm($fsmoothing) Wow(bw)" data-reactid=".zgnsdyvs0w.$tgtm-SideTop-0-HeadComponentTitle.0">Nimble Storage reports 2Q loss

Nimble Storage reports 2Q loss

$tgtm-Col1-0-ContentCanvas.0.4.0:$0">Nimble Storage Inc. (NMBL) on Tuesday reported a loss of $40 million in its fiscal second quarter.

$tgtm-Col1-0-ContentCanvas.0.4.0:$1">On a per-share basis, the San Jose, California-based company said it had a loss of 47 cents. Losses, adjusted for stock option expense, came to 19 cents per share.

$tgtm-Col1-0-ContentCanvas.0.4.0:$2">The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.

$tgtm-Col1-0-ContentCanvas.0.4.0:$3">The data storage company posted revenue of $97.1 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $94.8 million.

$tgtm-Col1-0-ContentCanvas.0.4.0:$4">For the current quarter ending in November, Nimble Storage expects its per-share earnings to range from 17 cents to 19 cents.

$tgtm-Col1-0-ContentCanvas.0.4.0:$5">The company said it expects revenue in the range of $100 million to $103 million for the fiscal third quarter.

$tgtm-Col1-0-ContentCanvas.0.4.0:$6">Nimble Storage shares have declined 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.83, a decrease of 62 percent in the last 12 months.

Pure Storage(PSTG)- NYSE

Pure Storage to Announce Second Quarter Fiscal 2017 Financial Results on August 25, 2016

Pure Storage to Announce Second Quarter Fiscal 2017 Financial Results on August 25, 2016

Pure Storage to Announce Second Quarter Fiscal 2017 Financial Results on August 25, 2016

MOUNTAIN VIEW, Calif. — August 4, 2016 — Pure Storage (NYSE: PSTG), the market’s leading independent solid-state array vendor, has scheduled a conference call for Thursday, August 25, 2016 at 2:00 pm (PT) to announce its second quarter financial results for the period ended July 31, 2016.

Financial results will be released over PR Newswire after the close of the market on Thursday, August 25, 2016.

Date: August 25, 2016

Time: 2:00 pm (PT); 5:00 pm (ET)

To Listen via Telephone: 877-201-0168 or 647-788-4901 (for international callers).

To Listen via the Internet: A live and replay audio broadcast of the conference call with corresponding slides will be available at http://investor.purestorage.com/.

Replay: A telephone playback of this conference call is scheduled to be available two hours after the call ends on August 25, 2016, through October 3, 2016. The replay will be accessible by calling 855-859-2056 or 404-537-3406 (for international callers), with conference ID 55513477. The call runs 24 hours per day, including weekends.

An archived version of the webcast will be available on the Pure Storage Investor Relations website at http://investor.purestorage.com/.

 

About Pure Storage, Inc.

Pure Storage (NYSE: PSTG) accelerates possible, transforming businesses in ways previously unimagined. The company’s disruptive, software-driven storage technology combined with a customer-friendly business model drives business and IT transformation for customers through dramatic increases in performance and efficiency at lower costs. Pure Storage FlashArray//m is simpler, faster and more elegant than any other technology in the data center. FlashArray//m is ideal for the move toward big data and for performance-intensive workloads such as cloud computing, database systems, desktop virtualization, real-time analytics and server virtualization. With Pure’s industry leading Satmetrix-certified NPS score of 79, Pure customers are some of the happiest in the world, and include large and mid-size organizations across a range of industries: cloud-based software and service providers, consumer web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications. With Pure Storage, companies push the boundaries of what’s possible to become faster, smarter and more innovative.


Oil prices fall 1% as supply strains storage

Oil prices fall 1% as supply strains storage



Oil prices fall 1% as supply strains storage

Oil prices fall 1% as supply strains storage

Oil prices fall on Friday, ending a two-day rally, as a glut of crude and refined products weighed on markets and investors eyed a possible stutter in China’s imports.

Futures held their losses after the dollar index spiked following abetter-than-expected U.S. jobs report that showed the country added 255,000 positions in July. A stronger greenback makes dollar-denominated crude more expensive to holders of other currencies.

U.S. West Texas Intermediate (WTI) crude crude futures fell 67 cents, or 1.6 percent, to $41.26 per barrel at 9:46 a.m. ET (1346 GMT).

“Signs of fatigue are already apparent and include a notable dip in Chinese crude oil imports,” PVM’s Stephen Brennock wrote, adding that spare capacity in the country’s strategic storage space is less than 100 million barrels.

“A major pillar of oil demand is therefore on course to ease considerably over the coming months,” Brennock said.

Still, China surpassed South Korea as the top Asian buyer of North Sea Forties crude this year, while trading house Trafigura was aggressively targeting China’s newest buyers by extending credit to two of the country’s independent refiners.

Investors added the equivalent of 56 million barrels of short positions in the three main Brent and WTI futures and options contracts in the week to July 26.

“Since there was no news yesterday that might have triggered the price rise, this points to short-covering,” Commerzbank analyst Carsten Fritsch said.

“Clearly many market participants were caught on the hop by the increase in prices following the publication of U.S. inventory data on Wednesday,” he said.

Natural gas futures choppy after unexpected storage drawdown

Natural gas futures choppy after unexpected storage drawdown

Natural gas futures choppy after unexpected storage drawdown

Natural gas futures choppy after unexpected storage drawdown

Natural gas futures spiked higher but then gave back gains in choppy trade Thursday after weekly U.S. government data showed an unexpected drawdown in the amount of fuel in storage. The Energy Information Administration said natural gas inventories fell 6 billion cubic feet from the previous week to 3.288 trillion cubic feet. Analysts surveyed by The Wall Street Journal had forecast a rise of 1 billion cubic feet. Natural gas futures jumped in the wake of the data but then retreated to flip between small gains and losses. Natural gas for September delivery NGU16, -0.67% on the New York Mercantile Exchange was flat at $2.839 per million

 

… (full story)