Power Assets Holdings (HKSE:00006) Natural Gas Storage Capacity (Bcf) : 0.00 (As of . 20)

View and export this data going back to 1976. Start your Free Trial

What is Power Assets Holdings Natural Gas Storage Capacity (Bcf)?

Natural Gas Storage Capacity (Bcf) is the maximum volume of natural gas that can be stored at the storage facility. The utility storage is important, since it's the midstream opportunities that offer investors the potential for profit.

The historical rank and industry rank for Power Assets Holdings's Natural Gas Storage Capacity (Bcf) or its related term are showing as below:

HKSE:00006's Natural Gas Storage Capacity (Bcf) is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median:
* Ranked among companies with meaningful Natural Gas Storage Capacity (Bcf) only.

Power Assets Holdings Natural Gas Storage Capacity (Bcf) Historical Data

The historical data trend for Power Assets Holdings's Natural Gas Storage Capacity (Bcf) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Power Assets Holdings Natural Gas Storage Capacity (Bcf) Chart

Power Assets Holdings (HKSE:00006) Natural Gas Storage Capacity (Bcf) Explanation

A natural gas storage is a facility that can store natural gas for an indefinite period of time. Natural gas storages are typically located underground, that’s why they are called underground gas storages or UGS as well. The main function of gas storages is to inject and store natural gas at a time of low prices and/or low demand and use the gas by withdrawing at times of higher prices and/or higher demand.

Why is utility storage important to investors?

Each week, the U.S. Energy Information Administration releases its natural gas storage report. This report highlights the change in working gas storage. A dramatic drawdown of inventory can lead to a jump in the price of natural gas and, conversely, a buildup in storage is a bearish indicator. By tuning into the storage numbers, investors can see one of the driving forces behind natural gas prices.

It is also used to quantify the energy produced (or potentially produced) by a company's reserves, as well as what is actually delivered to customers. Investors will look at this figure to understand how much earning potential a producer in the space may have.

Power Assets Holdings Natural Gas Storage Capacity (Bcf) Related Terms

Thank you for viewing the detailed overview of Power Assets Holdings's Natural Gas Storage Capacity (Bcf) provided by GuruFocus.com. Please click on the following links to see related term pages.

Power Assets Holdings (HKSE:00006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Power Assets Holdings Ltd (HKSE:00006) » Definitions » Natural Gas Storage Capacity (Bcf)

Traded in Other Exchanges

HGKGY:USA HGKGF:USA HEH:Germany

Address

2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.powerassets.com

Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

Power Assets Holdings (HKSE:00006) Headlines

No Headlines