Cold Weather Boost: Natural gas prices and shares thrive in severe winter weather, with recent snowstorms raising gas prices. It’s getting cold out there. “There are some hints towards the middle of January that we could be shifting towards the colder pattern.” Expect colder than normal.
Less Oil in Storage: Declining stored oil and gas globally could raise prices due to increased demand and these tightened supplies.
Tensions in the Middle East: likely to drive oil and gas prices higher, with recent attacks impacting shipping routes. We cannot move the stuff effectively.
Investor geek stuff:
Positive Earnings Ahead: Energy companies forecasted to report strong earnings for the next three quarters, and promising dividends.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.