Investors turn to natural gas drillers as safe haven in energy market

U.S. natural gas drillers are emerging as an unlikely bright spot in the recent collapse of energy stocks, reports BloombergBusiness. The news site says gas drillers, led by Southwestern Energy Co., were the top three performers in the S&P 500 Index on January 21, 2016 as energy investors flocked to gas producers in the face of sliding oil prices. Gas-focused drillers are becoming “a safe haven for investors wary of getting burned by the drop in oil prices, offering a reprieve to a group of companies that have been hammered by low natural gas prices,” according to Bloomberg. For more, read the full story.

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