Shares of gas companies are trading lower amid reports indicating a Norway pipeline will be repaired by Friday, alleviating supply concerns.
Portfolio Pulse from Benzinga Newsdesk
Shares of gas companies are trading lower amid reports indicating a Norway pipeline will be repaired by Friday, alleviating supply concerns.
June 04, 2024 | 7:54 pm
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NEGATIVE IMPACT
Antero Resources (AR) shares are trading lower due to reports of a Norway pipeline repair by Friday, which is expected to alleviate supply concerns.
The repair of the Norway pipeline is expected to increase gas supply, which could lead to lower gas prices, negatively impacting Antero Resources' stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
EzFill Holdings (EZFL) shares are trading lower following news that a Norway pipeline will be repaired by Friday, easing supply concerns.
The anticipated repair of the Norway pipeline is likely to increase gas supply, which could result in lower gas prices, negatively affecting EzFill Holdings' stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Transportadora de Gas del Sur (TGS) shares are trading lower amid reports that a Norway pipeline will be repaired by Friday, alleviating supply concerns.
The repair of the Norway pipeline is expected to increase gas supply, potentially leading to lower gas prices, which could negatively impact Transportadora de Gas del Sur's stock price.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75