Re: Natural gas turns UP/M&A Activity/DAY/Lee *PIC*

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In Response To: Re: Natural gas turns neg after inventory rept/Hal ()

Yes, always an 'interesting' market this one, with the post-report reaction being a case-in-point, as prices have already recovered from what is viewed as a 'bearish' release.

Also interesting activity on the aquisition front this weekend with the friendly takeover of Daylight Energy (DAY), a mid-tier Western Canadian NG producer (also some oil), by China's Sinopec for $2.2 billion...quite the jump in price on Tuesday for this one after the news (closed Monday for Canada's Turkey Day)...a hint of more such action to come me thinks!

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Natural gas turns negative after inventory report *PIC*

Re: Natural gas turns neg after inventory rept/Hal

Re: Natural gas turns UP/M&A Activity/DAY/Lee *PIC*

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