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Energy Consultancy | Wellhead to Global LNG, Sustainability and AI


Butterfly Blitz: How a $0.006 Nat Gas Trade Could Ride Volatility to Riches (or Ruin)
Source: Barchart.com Natural gas options are no stranger to sharp weather-driven repricing and geopolitical shocks. In that environment, structured option trades—like butterflies—can offer targeted exposure to volatility at relatively low upfront cost. A recent March ’26 structure drew attention: long the $3.50 call, short the $3.75 call, and short the $2.75 put for a small net debit (around $0.006/MMBtu based on NYMEX block indications). At first glance, it resembles an asym

Timothy Beggans
Feb 142 min read


Natural Gas Weekly Recap (NGH26 @ 3.188) - 02.13.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRGY | CRK | MGY | MUR | NOG | SM

Timothy Beggans
Feb 131 min read


Daily Natural Gas Report (NGH26 @ 3.302) - 02.12.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRGY | CRK | MGY | MUR | NOG | SM

Timothy Beggans
Feb 121 min read


Mid-Week Natural Gas Report (NGH26 @ 3.125) - 02.11.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRGY | CRK | MGY | MUR | NOG | SM

Timothy Beggans
Feb 111 min read


Daily Natural Gas Report (NGH26 @ 3.123) - 02.10.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 101 min read


What's New in Natural Gas (NGH26 @ 3.203) - 02.09.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 91 min read


One Gas Market Now: How U.S. LNG Is Forcing Global Price Convergence
Source: https://oilgas-info.jogmec.go.jp/nglng_en/ For decades, global gas markets moved to different rhythms. Europe followed TTF, Asia followed JKM, and carbon prices lived in their own universe. That fragmentation is fading fast. The reason is U.S. LNG. Unlike legacy LNG supply, U.S. cargoes generally lack destination clauses, allowing molecules to flow wherever netbacks are strongest. As U.S. export volumes scale higher, these flexible cargoes are increasingly arbitraging

Timothy Beggans
Feb 82 min read


Trading Time Itself: Why Natural Gas Calendar Spread Options Are Heating Up
Source: www.tradingview.com Volatility in outright Henry Hub prices often steals the spotlight—but some of the most interesting risk-adjusted opportunities right now are quietly developing in Natural Gas Calendar Spread Options (CSOs). CSOs let traders express a view on relative value between two delivery months, rather than outright price direction. In markets where weather risk, storage dynamics, LNG feed-gas, and production growth don’t hit every month equally, that distin

Timothy Beggans
Feb 72 min read


Natural Gas Weekly Recap (NGH26 @ 3.590) - 02.06.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 61 min read


Daily Natural Gas Report (NGH26 @ 3.410) - 02.05.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 51 min read


Mid-Week Natural Gas Report (NGH26 @ 3.410) - 02.04.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 41 min read


Tuesday Natural Gas Report (NGH26 @ 3.354) - 02.03.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 31 min read


What's New in Natural Gas (NGH26 @ 3.543) - 02 02 2026
Top News for Natural Gas: 1.) US - Weather Models shift warmer 2.) Devon and Coterra $58B merger 3.) Europe - Bitter cold weather driving storage stocks dangerously low 4.) Golden Pass LNG expected to be online in early March NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Feb 21 min read


China’s LNG Futures Gambit: Redrawing the Rules of Global Gas Trade
Source: Shanghai Futures Exchange China is taking a decisive step toward reshaping global LNG pricing with plans to introduce LNG futures on the Shanghai Futures Exchange (SHFE). For the world’s largest LNG importer, this is about far more than financial innovation—it’s about control, transparency, and strategic leverage. Who benefits most? Chinese domestic LNG importers gain a powerful new hedging tool tied to local demand fundamentals. A yuan-denominated LNG contract reduce

Timothy Beggans
Feb 12 min read


Japan’s LNG Storage Strategy: Building a Shock Absorber for a Volatile World
Source: JERA Japan is quietly reshaping the global LNG market by expanding storage capacity—and the reasons go far beyond winter demand. At the core is energy security. Japan imports nearly all of its natural gas, yet lacks a fully connected national pipeline system. LNG storage tanks function as the country’s primary buffer, ensuring power and industrial continuity when global supply chains falter. Storage is also becoming an economic shock absorber. With LNG prices increasi

Timothy Beggans
Jan 311 min read



Timothy Beggans
Jan 300 min read


Thursday Natural Gas Report (NGH26 @ 3.852) - 01.29.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Jan 291 min read


Mid-Week Natural Gas Report (NGG26 @ 6.500) - 01.28.2026 | Feb NG Expiration
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Jan 281 min read



Timothy Beggans
Jan 270 min read


What's New in Natural Gas (NGG26 @ 6.208) - 01.26.2026
NG Stock Watch List Oil & Gas EMP Sector Market Cap 2-10B, short float over 10% BKV | CNX | CRK | MGY | MUR | NOG

Timothy Beggans
Jan 261 min read
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