This has been a nice breakout to new 52-week highs for ERF over the last couple of days:
The price of natural gas has really spiked because of the particularly harsh winter the country has experienced this year, but a look at a longer-term chart (keeping things in perspective) shows that this stock was on the move long before the media started cramming the phrase “polar vortex” down out throats with a shoe horn:
Who knows how much longer this bullish channel will remain in tact, but things are certainly looking good for ERF in the immediate future.