Your email has been successfully added to our mailing list.

×
0 0.000313201440726491 -0.000939604322179918 -0.000626402881453278 -0.00161820744375425 -0.00164430756381493 0.00235945085347377 0.00140940648326973
Stock impact report

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
LONDON, April 24 (Reuters) - Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report. The growth in gas output and liquefied natural gas (LNG) facilities, which allow tankers to transport the fuel around the world, will boost efforts to switch industries from highly polluting coal to gas, which can cut greenhouse gas emissions by as much as half, the report said. The U.S. investment bank forecasts a 2% annual growth in natural gas production by 2030 to 4,600 billion cubic metres (bcm) from 4,000 bcm in 2022, which will lead to an oversupply of 63 bcm by the end of the decade. LNG exporting infrastructure is expected to grow by 156 bcm by 2030 from nearly 600 bcm in 2024. The primary sources of production growth are expected to encompass the U.S., the Middle East and to a lesser extent Russia, the report said. "We see a downward global Show less Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JPM alerts
Opt-in for
JPM alerts

from News Quantified
Opt-in for
JPM alerts

from News Quantified