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BUZZ-Natgas firms rise on cold weather forecasts

ReutersDec 27, 2024 3:19 PM

Shares and ETFs of natural gas companies gain, as natgas futures NGc1 rise 0.9%

Forecasts for much colder weather in coming weeks, combined with increasing amount of gas flowing to liquefied natural gas export plants supported prices

Producers CNX Resources CNX.N and EQT EQT.N up 1%, each

LNG firm NextDecade NEXT.O up 1.4%

ETFs United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P up 2.6% and 5.1%, respectively

(Reporting by Tanay Dhumal in Bengaluru)

((Tanay.Dhumal@thomsonreuters.com;
Twitter: https://twitter.com/TanayDhumal))

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