Market eyes impact of lower natural gas prices on volumes as US midstream sector reports Q1 earnings

Investors will watch first-quarter 2023 earnings presentations by North American natural gas midstream players to gauge how the drop in natural gas commodity prices is likely to affect companies’ near-term spending plans and expected throughput. Benchmark Henry Hub gas prices have been languishing under $3/MMBtu since January in a sharp decline from the more than $9/MMBtu peak in August 2022,…