Weather

6-10 Day Outlook For Oct 25 - 29 2026 map

8-14 Day Outlook For Oct 27 - Nov 02, 2026 map

Gas-weighted HDD, next 7 days: 58 total (8, 8, 8, 9, 9, 8, 8)

Pop-weighted CDD, next 7 days: 7 total (1, 1, 1, 1, 1, 1, 1)

HDD/CDD vs. normal: no free source (CPC normals file not located; forecast level shown instead)

Natural gas

Henry Hub front month $3.06 (-1.9%, 0.5σ)

↳ Waha prices and Permian production records suggest ample regional supply is weighing on front-month Henry Hub, though headline support levels are cited as technically vulnerable.

Front/second (X26/Z26): -0.289 - contango

Widow-maker H27/J27: +0.085 (H 2.662 / J 2.577)

Storage 3567 Bcf (+67 w/w, -2 vs 5-yr, -145 vs yr-ago)

Production (marketed, monthly proxy 2026-07): 125.2 Bcf/d, +5.2% y/y

Regional basis (Waha, Algonquin, SoCal, TZ6, AECO): no free source (no free daily marks)

LNG feedgas noms (Sabine, Corpus, Freeport, Plaquemines): no free source (pipeline EBB data is paid)

Power burn (daily): no free source (weekly/monthly only)

Power

ERCOT North DA $22.75 (prev $26.57) - heat rate 7.4 (prev 8.5) - spark $-0.18 (prev $3.20)

PJM West DA $60.66 (prev $50.43) - heat rate 19.8 (prev 16.2) - spark $37.73 (prev $27.06)

CAISO SP15 DA $43.29 (prev $41.07) - heat rate 14.2 (prev 13.2) - spark $20.36 (prev $17.70)

Global gas & carbon

TTF: Yahoo feed unavailable today

JKM $30.01/MMBtu +0.3%

Cargo arb JKM−HH: $26.95/MMBtu

CCA / RGGI allowances: no free source (no free daily marks)

Crude

WTI $103.66 (+2.2%, 0.9σ)

Brent $109.55 (-0.3%, 0.1σ)

Energy equities

KMI $33.39 (-2.4%, 1.6σ)

↳ Kinder Morgan shares are declining ahead of Q3 earnings results, with no specific operational or market catalyst evident in the headlines.

NVDA $217.09 (+1.4%, 0.9σ)

↳ Chinese tech giants' reported $35 billion order for Nvidia chips amid U.S. export restrictions is supporting the stock despite compliance constraints.

CEG $263.19 (-3.0%, 0.8σ)

↳ Raymond James raised Constellation Energy's price target to $341 citing nuclear monetization potential, yet the stock declined 3.0% suggesting the market may have already priced this in or reacted to other factors.

LNG $286.60 (-1.0%, 0.6σ)

↳ Cheniere Energy swung to a quarterly loss due to Iran war impacts on LNG derivative contracts, offsetting record export volumes and recent guidance raises.

RRC $43.23 (+0.0%, 0.0σ)

↳ Range Resources stock is flat with no clear market driver evident; headlines show analyst target adjustments and upcoming earnings but no directional catalyst.

Quiet: NRG -4.2% · WMB -1.3% · VST -1.5% · TLN -1.0% · DVN +0.4% · AR +0.5% · EQT +0.2%