Personally I've been avoiding Nat Gas plays the last few months. The Oil plays are better this year they sold off way too much on the previous Oil drop that has reversed entirely as expected. At $81 WTI some of them are in a sweet spot already great balance sheets, their hedges if any aren't losing money, and nice profits coming. Positive news will come occasionally boosting stock prices. Yesterday was my second biggest dollar gain since I started actively trading again in 2020. It could have been even better but there is often a partial lag as traders/investors are wary of big Oil gains until it sticks ( all of yesterdays gains were on the open ). May be some follow through today and I will look to pare weaker performers my weighting is rather high at the moment.
If Nat Gas itself reverses course sometime in the next 2 years as expected there will be some big winners then. I still like Crew Energy, Tourmaline, Arc Resources. On a 2-3 year basis these Canadian plays can't miss a new pipeline to Asian markets goes in maybe 2024. I just need a better situation to buy them other then Crew may be is a good day trade on positive Nat Gas days.