trending Market Intelligence /marketintelligence/en/news-insights/trending/_u5koorfvyagoi50ufvp-a2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Chart Watch: Most SNL Energy indexes record losses in Q3; coal rallies

Cable Network Q1'20 Distribution Revenue Recap

State of the Market: Mining Q1-2020

S&P Global Market Intelligence Goes ‘All-In’ On Mobile

2020 TMT Ecosystem: Effects of COVID-19


Chart Watch: Most SNL Energy indexes record losses in Q3; coal rallies

Investors were bearish on energy stocks during the thirdquarter of 2016, with five out of the eight SNL Energy indexes recording lossesand underperforming as compared to the second quarter.

The SNL Merchant Generator Index remained in the red zonethroughout the third quarter and closed with a drop of 6.98% as of Sept. 30,compared with a drop of 1.82% in the second quarter of 2016.

Analysts inSeptember said a recovery in natural gas prices heading into wintercould portend higher stock prices for merchant generators, while others saidthe $2.17 billion AmericanElectric Power Co. Inc. fetched for four of its merchant plantscould inspire power producersto take their businesses private.

The SNL Energy Large Diversified utility index widened itslosses and was down 5.62% during the third quarter. The SNL Electric CompanyIndex closed the quarter with a 4.42% loss following a gain of 8.00% in thesecond quarter of 2016, as analysts debatedwhether the sector was overvalued or underappreciated at the midpoint of 2016.

The SNL Energy Small Diversified Index closed down 1.38%,compared with a gain of 12.32% in the second quarter of 2016.

The SNL Coal Index finished with a 31.95% gain, comparedwith 40.39% at the end of 2016 second quarter, as hedge funds .

The SNL Midstream Energy Index closed with a 7.27% gain, andthe SNL MLP Index gained 2.42% as of Sept. 30. The SNL Gas Utility Index wasdown 6.65%, as analysts questionedthe sustainability of a yearslong rally in the sector.

SNL Image

SNL Energy is anoffering of S&P Global Market Intelligence.