This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Nat Gas, Oil Fall Before Storm Report: Market Bits

Stock quotes in this article: WPRT, CLNE, FSYS, DVN, NFX, CQP, KMP, SHY, IEF, TLT, TIP, BZF, UUP, FXB, RMCF, TR, IVN, TCK, K, HAIN, RAH, HSY, KFT, FCX, SCCO, SLE, GIS, PEP


NEW YORK ( TheStreet) -- May natural gas futures were falling 0.6% to $4.263 per million British thermal units, down for the third straight day, as traders braced for Wednesday's hurricane report.

Tuesday's decline also precedes the U.S. Energy Information Administration's weekly inventory report on Thursday.

"Warming weather is contributing to a truce for now, but tomorrow's hurricane report from Dr. William Gray at CSU (Colorado State University) and the EIA's expected large withdrawal should disturb the peace," a Gelber & Associates report said.

Storms and hurricanes can be burdensome on oil and natural gas operations, many of which are concentrated in the Gulf of Mexico and Gulf Coast regions.

Gelber & Associates is neutral on natural gas Tuesday.

Natural gas stocks were mostly trading in negative territory.

Shares of Westport Innovations (WPRT) were flat at $25.87, Clean Energy Fuels (CLNE) was down 0.9% to $17.25, Fuel Systems Solutions (FSYS) was falling 1.7% to $29.34 and Devon Energy (DVN) was losing 0.9% to $91.17.

Light sweet crude oil for May delivery was also down ahead of the report, falling 0.5% to $107.93 a barrel.

Newfield Exploration (NFX) was rising 1.5% to $76.34 and Cheniere Energy (CQP) was falling 0.5% to $19.06. Kinder Morgan Energy Partners LP (KMP) was 0.4% lower to $74.07.


(Published at 11:10 am)

Treasuries were falling after the Institute for Supply Management reported that its U.S. non-manufacturing index fell to 57.3 in March -- still comfortably above a reading of 50. The index hit 59.7 in February.

A reading above 50 reflects growth in the sector.

1 of 8

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs