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Hedges: Commodity Advisor Likes Cal 2024

January 23, 2023

Hedges Risk Management

Commodity Trading Advisor Stephen Schork reported last week that several hedging opportunities were present for 2024. In At The Market, a report produced on behalf of ENGIE Resources, Schork highlighted several Calendar '24 contracts including these below. To receive this report, talk to your ENGIE business development contact. Schork has held a bearish bias for Henry Hub natural gas futures for six straight weeks.

Natural Gas

  • Algonquin Citygate
  • TETCO M3
  • Chicago Citygate
  • Houston Ship Channel

Electricity
  • NEPOOL
  • NYISO
  • PJM West
  • ERCOT Houston