Energy Losses Limited By Surge in Natural Gas Futures - Energy Roundup

Dow Jones01-21

Shares of energy companies fell, but not by as much as the broad market, as oil-and-gas futures rose.

Oil futures settled just above $60 per barrel in New York on reports of a production halt in Kazakhstan's major Tengiz oilfield due to power outages.

One strategist said recent weakness in oil futures is likely to linger.

"You could make the argument for some structural headwinds in the oil industry over the next few years," said Eric Marshall, president of Dallas mutual-fund firm Hodges Capital. "Venezuela is potentially bringing on more supply...you've seen exponential growth in Permian Basin production; Iran's a wild card."

The dynamics in natural-gas markets are different, Marshall said.

Natural-gas futures surged Tuesday, rising 26% to $3.91 a million British thermal units in anticipation of a bitter cold stretch in the Northeastern part of the U.S.

The oversupply of oil could lead to wells being shut-in in the Permian Basin, which would also affect natural gas production, said Marshall.

"Gas is an ancillary product...so if oil prices go down, you could see oil and gas production out there go down," the strategist said. "There's plenty of oil coming on ships from overseas. But natural gas is not an import-export market."

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

January 20, 2026 17:10 ET (22:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2605144793?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-21 06:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605144793","market":"nz","top_or_hot":-1,"title":"Energy Losses Limited By Surge in Natural Gas Futures - Energy Roundup","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of energy companies fell, but not by as much as the broad market, as oil-and-gas futures rose. \n</p>\n<p>\n  Oil futures settled just above $60 per barrel in New York on reports of a production halt in Kazakhstan's major Tengiz oilfield due to power outages. \n</p>\n<p>\n  One strategist said recent weakness in oil futures is likely to linger. \n</p>\n<p>\n  \"You could make the argument for some structural headwinds in the oil industry over the next few years,\" said Eric Marshall, president of Dallas mutual-fund firm Hodges Capital. \"Venezuela is potentially bringing on more supply...you've seen exponential growth in Permian Basin production; Iran's a wild card.\" \n</p>\n<p>\n  The dynamics in natural-gas markets are different, Marshall said. \n</p>\n<p>\n  Natural-gas futures surged Tuesday, rising 26% to $3.91 a million British thermal units in anticipation of a bitter cold stretch in the Northeastern part of the U.S. \n</p>\n<p>\n  The oversupply of oil could lead to wells being shut-in in the Permian Basin, which would also affect natural gas production, said Marshall. \n</p>\n<p>\n  \"Gas is an ancillary product...so if oil prices go down, you could see oil and gas production out there go down,\" the strategist said. \"There's plenty of oil coming on ships from overseas. But natural gas is not an import-export market.\" \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 20, 2026 17:10 ET (22:10 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Energy Losses Limited By Surge in Natural Gas Futures - Energy Roundup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnergy Losses Limited By Surge in Natural Gas Futures - Energy Roundup\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-21 06:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of energy companies fell, but not by as much as the broad market, as oil-and-gas futures rose. \n</p>\n<p>\n  Oil futures settled just above $60 per barrel in New York on reports of a production halt in Kazakhstan's major Tengiz oilfield due to power outages. \n</p>\n<p>\n  One strategist said recent weakness in oil futures is likely to linger. \n</p>\n<p>\n  \"You could make the argument for some structural headwinds in the oil industry over the next few years,\" said Eric Marshall, president of Dallas mutual-fund firm Hodges Capital. \"Venezuela is potentially bringing on more supply...you've seen exponential growth in Permian Basin production; Iran's a wild card.\" \n</p>\n<p>\n  The dynamics in natural-gas markets are different, Marshall said. \n</p>\n<p>\n  Natural-gas futures surged Tuesday, rising 26% to $3.91 a million British thermal units in anticipation of a bitter cold stretch in the Northeastern part of the U.S. \n</p>\n<p>\n  The oversupply of oil could lead to wells being shut-in in the Permian Basin, which would also affect natural gas production, said Marshall. \n</p>\n<p>\n  \"Gas is an ancillary product...so if oil prices go down, you could see oil and gas production out there go down,\" the strategist said. \"There's plenty of oil coming on ships from overseas. But natural gas is not an import-export market.\" \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 20, 2026 17:10 ET (22:10 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLE","symbol_name":"SPDR能源指数ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2605144793","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605144793","pubTimestamp":1768947000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of energy companies fell, but not by as much as the broad market, as oil-and-gas futures rose.Oil futures settled just above $60 per barrel in New York on reports of a production halt in Kazakhstan's major Tengiz oilfield due to power outages.One strategist said recent weakness in oil futures is likely to linger.\"You could make the argument for some structural headwinds in the oil industry over the next few years,\" said Eric Marshall, president of Dallas mutual-fund firm Hodges Capital. \"Venezuela is potentially bringing on more supply...you've seen exponential growth in Permian Basin production; Iran's a wild card.\". The dynamics in natural-gas markets are different, Marshall said.Natural-gas futures surged Tuesday, rising 26% to $3.91 a million British thermal units in anticipation of a bitter cold stretch in the Northeastern part of the U.S.\"Gas is an ancillary product...so if oil prices go down, you could see oil and gas production out there go down,\" the strategist said. \"T","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLE":"SPDR能源指数ETF","BK4588":"碎股","BK4585":"ETF&股票定投概念","UCO":"二倍做多彭博原油ETF","BK4570":"地缘局势概念股","SCO":"二倍做空彭博原油指数ETF","NGS":"Natural Gas Services Group Inc","USO":"美国原油ETF","BK4179":"石油天然气设备与服务"},"translate_title":"天然气期货飙升限制了能源损失-能源综述","themeId":"edea02dbc3567c75ffa0ee0596f62008","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NGS":1.5,"SCO":0.6,"XLE":0.9,"USO":0.9,"UCO":0.6},"content_text":"Shares of energy companies fell, but not by as much as the broad market, as oil-and-gas futures rose. \n\n\n  Oil futures settled just above $60 per barrel in New York on reports of a production halt in Kazakhstan's major Tengiz oilfield due to power outages. \n\n\n  One strategist said recent weakness in oil futures is likely to linger. \n\n\n  \"You could make the argument for some structural headwinds in the oil industry over the next few years,\" said Eric Marshall, president of Dallas mutual-fund firm Hodges Capital. \"Venezuela is potentially bringing on more supply...you've seen exponential growth in Permian Basin production; Iran's a wild card.\" \n\n\n  The dynamics in natural-gas markets are different, Marshall said. \n\n\n  Natural-gas futures surged Tuesday, rising 26% to $3.91 a million British thermal units in anticipation of a bitter cold stretch in the Northeastern part of the U.S. \n\n\n  The oversupply of oil could lead to wells being shut-in in the Permian Basin, which would also affect natural gas production, said Marshall. \n\n\n  \"Gas is an ancillary product...so if oil prices go down, you could see oil and gas production out there go down,\" the strategist said. \"There's plenty of oil coming on ships from overseas. But natural gas is not an import-export market.\" \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  January 20, 2026 17:10 ET (22:10 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605144793","isCrawlerRequest":true}