EBF 301
Global Finance for the Earth, Energy, and Materials Industries

Lesson 4 Activities

PrintPrint

Cash Price Activity

In this activity, I would like you to familiarize yourself with the Natural Gas Intelligence (NGI) data. NGI is one of the industry publications that reports physical, cash prices for natural gas. Inside FERC, Gas Daily and, OPIS do not allow their publications to be copied unless you have a subscription and receive prior permission. Natural Gas Intelligence is another source that publishes the natural gas cash prices. These come directly from the electronic trading platform.

For this assignment please visit Natural Gas Intelligence Data (NGI)1. You will see six different locations on the top right map “NGI Nat Gas Spot Price Tracker”.

Directions

  1. Choose two of those locations plus Henry Hub (three in total)
  2. Click on the link below the map for each location (one at a time)
    You will see that the Daily tab to the left of the map updates with information for the location that you choose
  3. Take a screenshot of the natural gas spot price graph for each of these three locations
  4. Report the “Daily Change” for each of the three locations
  5. Report the"Month/Month Change" for each of the three locations
  6. Explain the spot price changes in the last year according to the graph for each of the three locations
    Do you see any trend? Any sudden change in the prices? 
    Try to find the reason and explanation.

Unfortunately, NGI has stopped publishing their natural gas spot prices publicly. A sample of the data can be found here but it is outdated.

Grading

This activity is due at 11:59 pm on Sunday, is worth up to 20 points on the EBF 301 grading scale. You will get 3 points for each correct and complete response to questions 1 - 5 and 0 points for incorrect or missing responses to questions 1-5. You will also receive 5 points for submitting the appropriate screenshots. 


Fundamental Factors

The Fundamental Factors activity is due as usual this week, at 11:59 pm on Sunday, and is worth 30 points on the EBF 301 grading scale. Please refer to the Fundamental Factors Instructions for additional information and grading rubric.

Note: The Natural Gas Intelligence website you just used is a great resource as you work on your weekly Fundamental Factors for natural gas. You can indicate where cash prices are trading, and that may help you with your trading decisions.


Quiz

Return to Canvas to complete the L4 Quiz.

Submitting Your Work

Cash Price Activity: Submit your work as a word processed document or PDF to the Lesson 4 Cash Price Activity in Canvas.

Fundamental Factors: Submit your work as a single word processed document to the Lesson 4 Fundamental Factors Activity in Canvas.

Quiz: Take the quiz in Canvas