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Deep Freeze Mints Winners and Losers Among Energy Suppliers

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Trafigura's Luckock Says Freeze Brought 'Impetus' to Oil Market

The financial impacts of the cold blast that wreaked havoc in U.S. natural gas and power markets are beginning to emerge.

Atmos Energy Corp. and Just Energy Group Inc. were the latest to disclose the hits they suffered from the weather-driven squeeze in gas supplies and widespread blackouts last week that paralyzed Texas, the second-most populous U.S. state. Atmos said it racked up as much as $3.5 billion in extra gas costs while Just Energy warned it may not survive. Shares in both companies sank.