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Natgas stocks gain on higher demand forecasts ahead of contract expiration

ReutersApr 28, 2025 3:22 PM

Shares of U.S. natural gas companies rise, as natgas futures jump about 5% to a one-week high NGA/

U.S. natgas futures NGc1 up 5.1% at $3.09 per million British thermal units

Natural gas prices rise in light trade ahead of the expiration of the front-month contract on forecasts for higher demand this week than previously expected

Shares of natgas companies NextDecade NEXT.O up 2.6%, CNX Resources CNX.N rise 1%, EQT Corp EQT.N up 1.1% and Cheniere Energy LNG.N up ~1%

ETFs United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P rise 4.9% and 8%, respectively

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