Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Natural Gas Storage Capacity (Bcf) : 0.00 (As of . 20)

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What is Algonquin Power & Utilities 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 Algonquin Power & Utilities's Natural Gas Storage Capacity (Bcf) or its related term are showing as below:

TSX:AQN.PR.A.PFD'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.

Algonquin Power & Utilities Natural Gas Storage Capacity (Bcf) Historical Data

The historical data trend for Algonquin Power & Utilities'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.

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Algonquin Power & Utilities Natural Gas Storage Capacity (Bcf) Chart

Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) 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.

Algonquin Power & Utilities Natural Gas Storage Capacity (Bcf) Related Terms

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Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (TSX:AQN.PR.A.PFD) » Definitions » Natural Gas Storage Capacity (Bcf)

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Traded in Other Exchanges

AQNU:USA AGQPF.PFD:USA AQN:USA 751:Germany AQN.PR.D.PFD:Canada AQN:Canada

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

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