Nuvista Energy Ltd T.NVA

Weather

[llerrad5]

The most recent Hadick report I saw called for an early spring, around Feb 15 or so.
It will first appear that it is a great wheat growing year but this is to be followed by a severe summer drought.
Some heat domes across North America this summer.

La Ninia is slowly warmiing and will turn to a La Nada and that will last at least into teh fall.

The dramatic weather changes can largely be atributed to the huge under sea volcano last January 2022 that sent moisture into the stratosphere.
This traps moisture and heats the earths surface and it will take 3 to five years for it to disapate.

I see no reason to be Nat Gas bullish in the short term but we can expect large draws in the summer if we get heat domes.

 N gas reserves are above the 5 year average.

We can look to mild weather going forward.

yes, Freeport will start exporting but will it be enough??????

[Oldnagger]

Your posts on the weather are always apprciated, I just wish I had acted on the last one. Nevertheless, these stocks do not react anywhere  nearly as violently as the nat gas prices do. Over the last 12 months these stocks have risen about one third, while nat gas has fallen about the same amount. So, nat gas will eventually correct due to fuel switching and decreasing rig counts over time

[llerrad5]

I see nat GAs priced stocks as fully valued for now. Will trade UNG when the time is right. (very volitile) I was early on a small position but will add perhaps in April.