U.S. households that primarily use natural gas for heating will spend an average of $931 on heating during the October to March winter season, according to a recent report by the U.S. Energy Information Administration.
That’s 28% more than they spent last year.
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.
Southwestern Energy (NYSE:SWN) is set to give its latest quarterly earnings report on Thursday, 2022-10-27. Here's what investors need to know before the announcement.
Analysts estimate that Southwestern Energy will report an earnings per share (EPS) of $0.32.
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk told shareholders on Monday at the 2022 Offshore Northern Shore Conference in Stavanger, Norway, that the world needs more oil and natural gas,
Southwestern Energy (NYSE:SWN) has outperformed the market over the past 20 years by 1.32% on an annualized basis producing an average annual return of 9.14%. Currently, Southwestern Energy has a market capitalization of $9.17 billion.
U.S. stocks closed sharply lower with the Nasdaq Composite dropping more than 300 points on Monday. Here is the list of some big stocks moving higher in the previous session.