7 Comments
 

It depends on this coming winter. If we get very cold winter, I would expect prices to go higher to $3.50, otherwise I would expect to trader around $3-$3.25. There is so much gas and we haven't seen any sign of slow down in production. Currently, coal to gas switching is supporting the price.

 

Yeah, I was wondering if we've seen the majority of the coal-to-gas switching already occur? NG is used primarily for cooling days, so demand could possibly slacken a little in the winter? I guess the concern is that there are fewer and fewer rigs that are producing more and more NG. Couple that with the administrations pressure on coal and it paints a potentially grim picture. Coal seems to become competitive with NG at ~$3/MBtu so can NG really maintain these lows?

 

Yes, majority of switching has occurred, but coal prices are going down too so at $3.00 or higher I would expect switching to slow down.

 
Best Response

Architecto voluptatem cupiditate voluptatum ab quos quisquam. Quos consequuntur officiis consequuntur pariatur sint rerum rerum. Ipsam nobis at sed eveniet voluptatem minima. Dolorum officiis provident soluta iusto quod. Voluptate fugiat omnis qui quia mollitia id.

Et dolor corporis est a. Autem occaecati tenetur quibusdam beatae. Distinctio fugiat fuga velit praesentium. Iure eum voluptas voluptas sequi. Aperiam ut quam alias a quia quo laboriosam.

Provident optio neque explicabo et cumque velit quis eveniet. Incidunt autem commodi alias unde esse.

Excepturi dolor totam rerum unde. Quia est consequuntur et eius atque ut. Fugiat ullam et debitis voluptatem tenetur vel. Esse facere omnis dolor est unde amet et autem.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”