Natural Gas Prices Spike 16% Following Forecasts for Longer Winters
Natural gas prices spiked on Monday as the market realized that cold in the U.S may persist longer, increasing heating demand and putting pressure on gas stockpiles.
Natural gas futures for February increased by more than 16 % on Monday to settle at $3.591/MMBtu. Further, the February Henry Hub contract hit a session peak at $3.539 per million British thermal units, its highest level since Dec. 27. The contract was last up 12.7 percent at $3.493 per mmBtu.
Natural gas prices have been falling since the middle of December, following a spike above $4 per mmBtu in the fall. Hotter-than-usual late summer temperatures and an unanticipated cold fall increased demand for cooling and heating last year, causing natural gas stockpiles hit their lowest level in over a decade.
But following the forecast of return of cold weather conditions, coupled with a prolonged cold period and natural gas inventories still hovering 15% below its five-year average, natural gas prices seem likely to move higher in the coming days. However, it's highly unlikely that the cold will last long enough to push inventories toward record lows, and help gas prices move above $4 per mmBtu. For that, the cold needs to last at least a third or half of February.
If the weather normalizes during the rest of winter, Barclays forecasts Henry Hub prices to average $3.51 per mmBtu in the first quarter and $2.92 per mmBtu for the full year.
Monday’s some of the major gainers included names like Range Resources Corporation (RRC, +2.4%), Chesapeake Energy (CHK, +2.2%) and Antero Resources Corporation (AR, +2.2%) among others.
Aroon Indicator for RRC shows an upward move is likely
RRC's Aroon Indicator triggered a bullish signal on March 10, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 263 similar instances where the Aroon Indicator showed a similar pattern. In of the 263 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 17, 2026. You may want to consider a long position or call options on RRC as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
RRC moved above its 50-day moving average on February 11, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for RRC crossed bullishly above the 50-day moving average on February 02, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RRC advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for RRC moved out of overbought territory on March 06, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where RRC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RRC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RRC broke above its upper Bollinger Band on February 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RRC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.269) is normal, around the industry mean (12.493). P/E Ratio (15.190) is within average values for comparable stocks, (26.693). Projected Growth (PEG Ratio) (2.591) is also within normal values, averaging (4.190). Dividend Yield (0.009) settles around the average of (0.064) among similar stocks. P/S Ratio (3.340) is also within normal values, averaging (214.117).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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a developer of oil and gas properties
Industry OilGasProduction
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