http://media.marketwire.com/attachments/201212/107982_FSE_Logo.gifhttp://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=973294&ProfileId=051205&sourceType=1NEW YORK, NY -- (Marketwire) -- 01/11/13 -- After reaching a 12-month high in November, natural gas futures have since fallen 19 percent. Futures have declined for three consecutive days on growing speculation that mild temperatures across the U.S. will cause a steep drop in heating demand. Five Star Equities examines the outlook for companies in the Natural Gas Industry and provides equity research on Southwestern Energy Company (NYSE: SWN) and Ultra Petroleum Corp. (NYSE: UPL).
Access to the full company reports can be found at:
www.FiveStarEquities.com/SWN
www.FiveStarEquities.com/UPL
Unusually mild weather combined with near record inventories has created a bearish outlook for natural gas prices heading into peak demand season as roughly 50 percent of all households in the U.S. use natural gas for heating, according to the Energy Department. Historically, from late November to the first week of February natural gas prices have fallen approximately 42 percent.
"We see prices ultimately testing $2.20 and even last year's sub-$2, if the weather continues to moderate," wrote Energy OverView editior, Mike Fitzpatrick. "Like last year, we will be in a situation where we will be coming out of the peak-demand season with ample storage. The bearish sentiment will become overwhelming."
Five Star Equities releases regular market updates on the Natural Gas Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Southwestern Energy Company is a growing independent energy company primarily engaged in natural gas and crude oil exploration, development and production within North America. The company has set a target of total net gas and oil production of 628 to 640 Bcfe in 2013, an increase of 11 to 13 percent over Southwestern's 2012 levels.
Ultra Petroleum is focused on developing its long-life natural gas reserves in the Green River Basin of southwest Wyoming -- the Pinedale and Jonah Fields and is in the early exploration and development stages in the Appalachian Basin of Pennsylvania. As of year-end 2011, the company has an undrilled inventory of over 8,100 low risk high rates of return well locations in its asset portfolio.
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