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Which Natural Gas Stock is a Better Buy? -Breaking


© Reuters. Tellurian vs. Western Midstream Partners – Which Natural Gas Stock Is a Better Investment?

Natural gas prices should remain high due to rising demand and the opening of the global economic. Tellurian and Western Midstream, both major players in this sector, are expected to benefit. Which stock is better to buy right now? Find out more. Western Midstream Partners LP (NYSE 🙂 acquires assets in midstream, primarily from the United States. Based in The Woodlands (Texas), the company is involved in gathering, compressing and treating natural gas. Tellurian Inc., Houston (Texas) is a global natural gas company. It is currently developing its portfolio in natural gas production and liquefied gas marketing.

On Wednesday, European natural gas prices fell due to signs from Russia that supplies may be increasing. Prices are likely to stay high due to the extreme supply-demand mismatch. The rise in natural gas prices was also caused by Hurricane Ida. This hurricane knocked off the majority of Gulf of Mexico’s oil-and gas production. Bank of America (NYSE 🙂 stated that, the main driver of the gasoline price, could rise to $120 per barrel in the middle of next years. The Energy Information Administration estimates that the average U.S. household will heat their home with natural gas this winter. That’s an increase of 30% over the previous winter. It is also the highest figure since the winter 2005-2006. TELL and WES should both benefit.

TELL’s shares have gained 10.3% in price over the past month, while WES has returned 1.1%. Also, TELL’s 78.3% gains over the past six months are significantly higher than WES’ 5.6% returns. Moreover, TELL is the clear winner with 202.3% gains versus WES’ 62% returns in terms of year-to-date performance.

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