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Stock impact report

Natural Gas Jumps Most in 4 Years as Arctic Blast Descends on US [Yahoo! Finance Canada]

Expand Energy Corporation (EXE) 
Most Read from Bloomberg “All signs point to major Arctic cold outbreaks over the eastern two-thirds of North America later this week and into much of next week,” forecasters with Atmospheric G2 wrote in a note to clients Monday. Earlier outlooks “clearly missed the intensity and the breadth of the cold,” the meteorologists said. Futures for February delivery settled up 25.9%, or 80.4 cents, to $3.907 per million British thermal units. The February contract rose by as much as 29% to $3.990 per mmbtu intraday, the highest single-day price increase in nearly four years. High gas prices represent a pain point for US consumers struggling with rising energy bills, which has become a political issue for US President Donald Trump. But they are beneficial to US gas producers, especially those that have not locked in prices for a large share of their planned production through financial hedges. Top US gas producers Expand Energy and EQT Corp. were higher Tuesday morning, surging as mu Show less Read more
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