Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by dooklaron May 02, 2024 3:07pm
81 Views
Post# 36020115

.

.natural gas futures rise to a three-month high on a better supply/demand balance. Prices were supported by higher feedgas flows to Freeport LNG and lower U.S. production, as well as Chesapeake Energy's decision to maintain output curtailments, NatGasWeather.com says in a note. A hot forecast for Texas could also lift demand for power generation. "The expectation for late May is CDDs [cooling degree days] will gain in dominance as highs of 90s slowly increase in coverage, although offset by perfect temperatures across the northern half of the U.S.," the forecaster adds. The EIA reported a 59 Bcf injection into storage last week, reducing the surplus over the five-year average to 35% from 37% the week before. Natural gas for June delivery settles up 5.3% at $2.035/mmBtu.
<< Previous
Bullboard Posts
Next >>