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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

BetaPro Natural Gas Leveraged Daily Bull ETF > NO ONE MAKES MONEY IN LOW NAT GAS PRICES
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Comment by 101TECHNICAL101on Feb 21, 2024 11:00am
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Post# 35890891

RE:NO ONE MAKES MONEY IN LOW NAT GAS PRICES

RE:NO ONE MAKES MONEY IN LOW NAT GAS PRICES That's correct .....

Chesapeake Energy slashed its 2024 gas production projections by about 20% by scaling back capital expenses, reducing rig counts, and delaying well completions. This move is expected to lower gas output to around 2.7 billion cubic feet per day. Other major gas producers like Antero Resources, Comstock Resources, and EQT have also revealed plans to curtail drilling activities this year. 

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