Despite a 3% collapse in natural gas futures, shares of natural gas companies are holding up well in today's trading action. Apache Corp APA, Devon Energy DVN, Range Resources RRC, and Nicor GAS are all showing signs of strength in the midst of the selloff; perhaps in response to crude oil futures being up nearly 2%.
Apache is up 0.6% at $131.19. Shares of the company have bounced nearly 4% since yesterday's early morning selloff.
Devon is putting in a slight gain of 0.15% at $91.72.
Range Resources is positive 0.3% at $57.72. Shares of the company hit a 52-week high of $59.23 in yesterday's trading.
Nicor put in a fresh 52-week high this morning of $53.68. The stock is marginally positive, hovering at $53.65.
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Posted In: Long IdeasShort IdeasTrading IdeasApache CorpDevon Energy CorpEnergyNicor IncOil & Gas Exploration & ProductionRange Resources CorpUtilities
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