Natgas companies gain on lower output, higher demand

Shares of U.S. natural gas companies up, tracking rise in natgas futures NGA/

U.S. natgas futures NGc1 up 3.3% at $3.60 per million British thermal units, putting the contract on track for its highest close since April 10

Natural gas prices climb more than 2% to a three-week high on a drop in output in recent days and forecasts for more demand this week than previously expected

Shares of natgas companies: CNX Resources CNX.N up 1.8%, EQT Corp EQT.N rises 2.5%, Cheniere Energy LNG.N up 2.1%, Energy Transfer ET.N rises 1.4%, and Williams Companies WMB.N up 1.5%

NextDecade NEXT.O up 3.9% and New Fortress Energy NFE.O rises 9.1%

ETFs — United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P rise 3.9% and 7.1%, respectively