Planalytics, Inc. announced today that KNG Energy, Inc. – a local natural gas distribution company headquartered in Findlay, Ohio – has subscribed to its EnergyBuyer® Service. The Planalytics EnergyBuyer Service provides price analysis and buying/hedging guidance that helps utilities cost effectively purchase natural gas and manage price risk for its customers.
“Planalytics’ wide-ranging view of the market takes into account economic and financial trading variables in addition to the fundamental factors like weather and demand that influence natural gas prices,” explained Sandy Roller, President of KNG Energy. “Planalytics’ comprehensive approach and straightforward guidance will help us make better buying decisions for our customers in today’s extremely volatile and heavily traded market.”
The service includes access to the EnergyBuyer website with live pricing (Nymex and Globex); buying/hedging suggestions which extend 18 months into the future; accounting and reporting functions; and charting and market research tools. The EnergyBuyer website continuously tracks and analyzes the key fundamental, financial and technical factors influencing natural gas prices and distills this information into specific “Buy” or “Don’t Buy” suggestions for individual months. EnergyBuyer clients also receive support services that include direct access to Planalytics meteorologists and market experts, weekly e-newsletters, consultation on risk management strategies and Alerts ahead of significant weather events.
About Planalytics, Inc.
Planalytics, Inc. is the singular global source of Business Weather Intelligence® – the actionable information companies need to understand and optimize the impact of weather on their business. Weather is the most volatile of all external factors affecting business performance and Planalytics helps companies proactively manage this risk. Powered by an unparalleled database of weather’s financial and volumetric impacts, proprietary forecasting technologies and market-specific expertise, Planalytics’ Business Weather Intelligence is essential to any company, in any industry, looking to effectively shape strategies, pinpoint opportunities and make more profitable decisions. For more information, visit www.planalytics.com.
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