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Bullboard - Stock Discussion Forum 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... see more

TSX:HNU - Post Discussion

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Post by bull_runz on Apr 09, 2024 3:32pm

NG Futures

US natural gas futures rose more than 2% to $1.9/MMBtu, reaching a one-month high due to increased flows to the Freeport LNG export facility in Texas and a decrease in production. Flows to Freeport were set to climb to 1.3 bcfd on Tuesday, up from 0.9 bcfd the day before. Freeport indicated that Trains 1 and 2 will stay offline until May for maintenance, while Train 3 was operational. Conversely, flows to Venture Global LNG's Calcasieu Pass dropped to 0.9 bcfd from 1.4 bcfd. Gas output has also dipped to 99.2 bcfd in April from 100.8 bcfd in March, attributed to pipeline maintenance and reduced drilling post price declines. Looking ahead, weather forecasts show above-average temperatures through April 24.

 
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