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Natgas companies slip on milder weather forecasts, lower demand

ReutersMar 7, 2025 4:03 PM

Shares of U.S. natural gas companies fall, tracking natgas futures NGA/

U.S. natgas futures NGc1 down 2.2% at $4.21 per million British thermal units (mmBtu)

Natural gas prices were weighed down by forecasts for warmer-than-normal weather and lower heating demand over the next two weeks than previously expected

Natgas companies NextDecade NEXT.O down 2.6%, Energy Transfer ET.N falls 1.4% and Williams Companies WMB.N down 1.6%

ETFs - United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P each down marginally

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