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BUZZ-US natgas stocks up on rising LNG flows, colder weather forecasts

ReutersFeb 10, 2025 4:00 PM

Shares of U.S. natural gas companies jump as natgas futures climb about 4% to a one-week high NGA/

U.S. natgas futures NGc1 up 3.7% at $3.43 per million British thermal units (mmBtu), putting the contract on track for its highest close since January 29

Natural gas prices increase on rising flows to liquefied natural gas export plants and forecasts for colder weather and higher heating demand next week than previously expected

Natgas firms CNX Resources CNX.N up 3.9%, EQT Corp EQT.N rises 3.2% and New Fortress Energy NFE.O up 3.5%

ETFs United States Natural Gas Fund UNG.P up 3.8% and ProShares Ultra Bloomberg Natural Gas BOIL.P rises 7.4%

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