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Is Oil Losing Its Grip on Natural-Gas-Weighted Stocks?

Robert Scott
Is Oil Losing Its Grip on Natural-Gas-Weighted Stocks?

The natural-gas-weighted stocks under review that might be sensitive to US crude oil January futures’ movements based on their correlations with US crude oil January futures in the last five trading sessions are: Chesapeake Energy (CHK) at 52% Range Resources (RRC) at 27%