United States Natural Gas Fund, LP (AMEX:UNG)
CAPS Rating:
Exchange Traded Fund
The World's Greatest Investing Community
Exchange Traded Fund
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
OK, I am a Johnny-Come-Lately with this one.
Fracking is causing an enormous supply gut here in the US. It will be quite awhile before demand catches up. That means low prices as far as the eye can see.
In addition, because this ETF trades futures it cannot track the actual price of natural gas. Rather, it will have to trade out of futures when they are near, and into futures that are farther out. Contango can kill their returns.